I got no money to invest part 4. So I decided to make an extra video for you guys as a bonus because what happened last week was that one of my client was supposed to use her money in EPF for me to help her to do EPF optimization, but she needed to go to the branch to get the EPF statement.
This is additional bonus because, did you know that you don’t have to go to the branch to get an EPF statement? You basically can just give EPF a call to get the verification code and you can basically go to i-Akaun and register and get the statement.
So why am I telling you this is because this is an additional misconception, which I heard that a lot of people say. Hey, I got no money to invest. In fact, what we’ve seen is that a lot of people up to 60% to 70% of their assets are tied into EPF. So, but of course, we need to know how to do it and over here, I’m going to share with you 2 ways of how you can invest your money in EPF.
First method is doing it. on your own which is a DIY method, right? But we don’t really recommend you to do DIY unless you really know what you’re doing. But of course, it has it’s pros and cons. The other way will be what we call an assisted (method) similar to what I’m helping my clients to do which we are helping them to do the EPF optimization. So, of course, it’s not only me that I can do it. Basically there are different people like Financial Advisors, Unit Trust agent(s) could help as well. But definitely you need to understand the pros and cons of doing that right?
So strongly suggest you to look into it, but most importantly is this question you need to ask yourself. Should I be taking money from my EPF to invest? Perhaps I will make another video to answer that question, right? Let’s leave me a comment and tell me what you think right and I’ll leave what ever (all) resources at the comment section below and I’ll see you guys in the next video.