Thursday, July 19, 2012

epf funds


EPF money
Why some want to withdraw early?
It shows they have poor financial planning
Getting into debts they shouldn't have

The fixed deposit will not give a better return
It is best the money kept in EPF for a few more years
There shouldn't be in a hurry to withdraw a nest egg
Let it earn interest at a higher rate

Currently EPF gives 5.8% returns
Besides the pension fund gives out dividend
Yet the members still want to withdraw early
For debts settlement then the crying needs

The main objective is for a member old age
When working life will be slowly gearing down
The fund in EPF will ease the financial burden
Those in financial difficulties fail to see

Unit trusts, trust funds, shares and all kinds of funds
No doubts there will be declared high rate of returns
When the economy is flourished, the money flow
It has its downside too when it is bad..

EPF fund remains solid
It is guaranteed to earn 2.0% interest by law
No matter what the economic fundamentals are
Members should plan finance properly into their lives

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