http://financialrich.com/2009/11/07/epf-contribution/ Wealth Building, Retire Early, Personel Money, Financial Planning, Saving Tips Sat, 04 Feb 2012 02:56:02 +0000 hourly 1 http://wordpress.org/?v=3.1.2 http://financialrich.com/2009/11/07/epf-contribution/comment-page-1/#comment-137 Mrcoolku Tue, 01 Dec 2009 04:30:10 +0000 http://financialrich.com/2009/11/07/epf-contribution/#comment-137 Ya, that is what our PM hope for to stimulus the economy in downturn. You have the pros and cons. Ya, that is what our PM hope for to stimulus the economy in downturn. You have the pros and cons.

]]> http://financialrich.com/2009/11/07/epf-contribution/comment-page-1/#comment-104 Zen Foo Thu, 12 Nov 2009 03:08:11 +0000 http://financialrich.com/2009/11/07/epf-contribution/#comment-104 From one perspective there could be a huge benefit from the big picture. If the 1% is flowed into the consumers pocket, more money will flow into the market, probably billions of ringgits is freed up every month - i'm talking about money flowing into stock market, retailers, shopping mall, service sector, etc. This will boost inflation and stock market liquidity thus will push up the stock price. But the important question here should be; do you have enough financial education to use that money, otherwise you might end up helping other people to get rich by spending the 1%. From one perspective there could be a huge benefit from the big picture. If the 1% is flowed into the consumers pocket, more money will flow into the market, probably billions of ringgits is freed up every month – i’m talking about money flowing into stock market, retailers, shopping mall, service sector, etc. This will boost inflation and stock market liquidity thus will push up the stock price. But the important question here should be; do you have enough financial education to use that money, otherwise you might end up helping other people to get rich by spending the 1%.

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