This year election year. This is the election dividend. Won't be surprise next year dividend be at 4%. (4 + 6.9)/2 = 5.45% that is the more realistic figure for 2017 and 2018 payout.
You will be seeing EPF is going to 'explain' why dividend declare for 2018 be 4%. Already paid in advance 1.45% ma.........
You all saw it, yet nobody want to accept it? Stop thinking of negative things all the time. Stocks and all has appreciated for the entire 2017. DJIA was up almost 30%. To me, EPF can pay more than 6.9% because of their oversized profit. Next year is next year's story (i mean this year). Let's see how market performs this year and find out. Don't blame politics this and that so easily.
ROI 7.3%. Payout 6.9%. Who songlap 0.4%? Considering it is long term forced investment, one would be better off investing in mutual funds. Over 10% annual returns over 10 years period is my personal experience.
sf chin, No one 'songlap' the 0.4%. No company pays out 100% of their profit. Would you be giving 100% of what you earn to your wife and children every month or year?
Mutual funds giving returns of over 10% annually for 10 years? Most will increase the units held but the price will be adjusted accordingly. Calculate the nett worth and not the number of units and you get the true figure. Most mutual funds are dead before 10 years is up.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apolloang
18,163 posts
Posted by apolloang > 2018-02-11 21:29 | Report Abuse
epf sold penny stocks to pay the dividend and let the bursa retailers suffer