tag:blogger.com,1999:blog-30672599.post2049559545414569103..comments2023-09-02T01:24:24.215+10:00Comments on Defining Moments: Dollars and sense.flaminglambohttp://www.blogger.com/profile/16994256549886024517noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-30672599.post-75770620625598120142007-03-20T17:37:00.000+11:002007-03-20T17:37:00.000+11:00I was referring to Malaysia. Apologies if I didn't...I was referring to Malaysia. Apologies if I didn't make it clear enough. ;)flaminglambohttps://www.blogger.com/profile/16994256549886024517noreply@blogger.comtag:blogger.com,1999:blog-30672599.post-74407139752345409442007-03-20T01:29:00.000+11:002007-03-20T01:29:00.000+11:00you dont trust the aussie govt in handling your mo...you dont trust the aussie govt in handling your money... gee... do we have hope in malaysia then?zewthttps://www.blogger.com/profile/05825991430180369393noreply@blogger.comtag:blogger.com,1999:blog-30672599.post-72948191265784902612007-03-14T09:15:00.000+11:002007-03-14T09:15:00.000+11:00There is a compulsory component but what the semin...There is a compulsory component but what the seminar was trying to say was instead of investing in property, shares, etc. directly, people should dump it all into their superannuation and use the fund to buy into these property, shares and/or other investments and take advantage of the savings in tax with the upcoming change in super legislation. Only thing is, when you cash out of that investment, you cannot touch your gains until the legal retirement age which could be decades away for some people. <BR/><BR/>It's a little different than Malaysia's EPF system which allows people to withdraw a portion from it for certain neccessities but I think as the population advances, more and more people will be paying attention to their EPF which will force more changes but who knows if anyone will listen? The only thing that bugs me is their performance. I wouldn't trust them to handle my dry cleaning.flaminglambohttps://www.blogger.com/profile/16994256549886024517noreply@blogger.comtag:blogger.com,1999:blog-30672599.post-48180875303634812062007-03-14T02:58:00.000+11:002007-03-14T02:58:00.000+11:00it's not compulsory to contribute that in aussie? ...it's not compulsory to contribute that in aussie? i would assume aussie govt will be more active in welfare of the work force.<BR/><BR/>oh... christy chung... the hottest babe ever! haha!zewthttps://www.blogger.com/profile/05825991430180369393noreply@blogger.com