1 hr 48 min
F0118: EPF, Bitcoin, and More - Hann and Sani Discuss Bitcoin's 125% Rally This Year and EPF's Projected Payout. The Futurizts Podcast
-
- Investing
In this episode, Certified Financial Planners Hann and Sani share insights on Bitcoin's impressive 125% gain on a year-to-date basis and crypto as an investment class. The second half of the session covers EPF's projected payout for 2023, which experts estimate should range between 5.4-5.7%.
What makes Bitcoin unique compared to traditional asset classes?Why is Bitcoin up 125% since January? What makes the asset so volatile?How can we position ourselves in a volatile asset to maximize returns and minimize losses?EPF is expected to pay 5.4-5.7% this year - will it be higher?What is EPF's investment strategy, and should we follow it?Quick facts:
i) Bitcoin has made quite an impressive run this year. The asset rallied from $16,500 to $38,400, up 128% on a year-to-date basis. It has vastly outperformed other asset classes, such as the S&P (up almost 20% within a similar timeframe), gold (up 12%), and our Malaysian market (down 2.29%).
ii) The Employees Provident Fund (EPF) posted a 33% jump in investment income for the first 9 months of 2023, to RM47.86 billion from RM36.04 billion the same period last year.
For the 3rd quarter (Q3 2023), the total investment income rose to RM14.67 billion, which was RM2.38 billion higher compared to the corresponding period in 2022.
--------------
Hann is a personal finance expert with over a decade of experience in the financial industry. Previously the CEO of RinggitPlus, he is qualified as a licensed financial planner (CFP) and a chartered financial analyst (CFA), and has helped tens of thousands of Malaysians on their path toward financial literacy. Hann is currently the founder of Halogen Capital, the world's first Shariah-compliant crypto fund that provides institutional exposure to Bitcoin.
Our other speaker, Mr. Sani Hamid, is an economist and certified financial planner (CFA). He’s a frequent commentator in the media and has over 30 years of experience in the financial markets, having worked for companies such as S&P Ratings as a Director in the sovereign team overseeing the ratings of countries such as Indonesia, India, Malaysia, and Singapore.
Hann’s socials: https://twitter.com/ooihann
Sani’s socials: https://twitter.com/sanihamid
--------------
Your time is valuable and you hate sifting through the web for information.
We get it, so let us do the work for you.
By joining our WhatsApp group, you’ll receive financial updates - best FD rates, currency movements, and more on a daily basis.
✅ 102 people have joined, and only 2 unsubscribed (so far).
✅ We don’t spam.
✅ It’s $0.25/week.
✅ Pay monthly, cancel anytime.
Try the First Week for Free: https://www.patreon.com/TheFuturizts
--------------
DISCLAIMER: The information contained in this podcast is for informational and educational purposes only. Nothing herein shall be construed as financial, legal, or tax advice. The opinions expressed in this podcast are solely those of the speakers.
In this episode, Certified Financial Planners Hann and Sani share insights on Bitcoin's impressive 125% gain on a year-to-date basis and crypto as an investment class. The second half of the session covers EPF's projected payout for 2023, which experts estimate should range between 5.4-5.7%.
What makes Bitcoin unique compared to traditional asset classes?Why is Bitcoin up 125% since January? What makes the asset so volatile?How can we position ourselves in a volatile asset to maximize returns and minimize losses?EPF is expected to pay 5.4-5.7% this year - will it be higher?What is EPF's investment strategy, and should we follow it?Quick facts:
i) Bitcoin has made quite an impressive run this year. The asset rallied from $16,500 to $38,400, up 128% on a year-to-date basis. It has vastly outperformed other asset classes, such as the S&P (up almost 20% within a similar timeframe), gold (up 12%), and our Malaysian market (down 2.29%).
ii) The Employees Provident Fund (EPF) posted a 33% jump in investment income for the first 9 months of 2023, to RM47.86 billion from RM36.04 billion the same period last year.
For the 3rd quarter (Q3 2023), the total investment income rose to RM14.67 billion, which was RM2.38 billion higher compared to the corresponding period in 2022.
--------------
Hann is a personal finance expert with over a decade of experience in the financial industry. Previously the CEO of RinggitPlus, he is qualified as a licensed financial planner (CFP) and a chartered financial analyst (CFA), and has helped tens of thousands of Malaysians on their path toward financial literacy. Hann is currently the founder of Halogen Capital, the world's first Shariah-compliant crypto fund that provides institutional exposure to Bitcoin.
Our other speaker, Mr. Sani Hamid, is an economist and certified financial planner (CFA). He’s a frequent commentator in the media and has over 30 years of experience in the financial markets, having worked for companies such as S&P Ratings as a Director in the sovereign team overseeing the ratings of countries such as Indonesia, India, Malaysia, and Singapore.
Hann’s socials: https://twitter.com/ooihann
Sani’s socials: https://twitter.com/sanihamid
--------------
Your time is valuable and you hate sifting through the web for information.
We get it, so let us do the work for you.
By joining our WhatsApp group, you’ll receive financial updates - best FD rates, currency movements, and more on a daily basis.
✅ 102 people have joined, and only 2 unsubscribed (so far).
✅ We don’t spam.
✅ It’s $0.25/week.
✅ Pay monthly, cancel anytime.
Try the First Week for Free: https://www.patreon.com/TheFuturizts
--------------
DISCLAIMER: The information contained in this podcast is for informational and educational purposes only. Nothing herein shall be construed as financial, legal, or tax advice. The opinions expressed in this podcast are solely those of the speakers.
1 hr 48 min