The National Higher Education Fund Corporation (PTPTN) has declared a dividend of 3.05% for Simpan SSPN Prime. The dividend declared in this year is for year 2022. Dividend history The dividend rate of Simpan SSPN Prime in the past five years were 2018: 4.00% 2019: 4.00% 2020: 4.00% 2021: 4.00% 2022: 3.00% This dividend is slightly better …
Amanah Saham Malaysia (ASM) has paid its latest dividend on 1 April 2023. The dividend is 4.5 cents, equals to a dividend rate of 4.5%. It is an increase of 12.5% compared to 2022. Trend For the previous dividends, you can refer to this page. The dividend of ASM in 2023 has finally increased after …
The government has recently announced that saving in Simpan SSPN Prime is no longer eligible for tax relief. This means that Simpan SSPN Prime can no longer function as a income tax-saving instrument. My action plan I have just decided to stop investing in private retirement scheme (PRS) not too long ago and I was …
The Employees’ Provident Fund (EPF) has declared its dividend for 2022 and the rate is 5.35% (2021: 6.10%) for conventional savings and 4.75% (2021: 5.65%) for Simpanan Shariah. This dividend rate is slightly higher than I expected. Dividend history As my own account is the conventional savings, I am going to list its dividend rate …
Recently, I have made a withdrawal from my Versa Cash account. I would like to share my experience here. Timeline I made the withdrawal request on 19 February (Sunday) at around 8.30am. The request was processed by Versa on the same day. However, as it is a non-working day, my withdrawal request was processed by …
In 2023, I have decided to stop investing in Private Retirement Scheme (PRS). Rationale Why did I decide to stop? Though the tax relief of RM 3,000 for PRS is extended to 2025, I have concluded that Simpan SSPN Prime is a more suitable vehicle for me to reduce my income tax. It is not …
I am considering to use Simpan SSPN Prime to keep part of my emergency fund. The question is whether the withdrawal is swift to serve as emergency fund. So, I performed a withdrawal to try it out. Rationale Why do I want to use Simpan SSPN Prime when there are quite some alternatives (Versa Cash …
It has been quite some time since I wrote a book review and I finally had the time to read an investment book. Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life is penned by William Green. The author wants to show the readers how a tiny minority beats the market …
This is a comparison between the latest returns of my two robo-advisors, MYTHEO and StashAway. For the performance of the previous year, you can refer to this article. The returns are as on 31 October 2022. I am going to list just the stock code of the exchange traded funds (ETFs) in this article. If …
Versa has announced that Versa Cash interest rate will increase to 4% per annum starting 1 November 2022 until 31 January 2023. The current interest rate is 3.2%. Terms and conditions The 4% interest rate only applies to the first RM 30,000 balance in the account. Any amount over this value will continue to earn …
