The Futurizts Podcast Shinji Ong

On 25 April, EPF officially announced Account 3, which is a new Account that will receive 10% of your monthly contributions.
This account will allow members to withdraw the balance any time, and EPF said this was to replace targeted withdrawals.

Old structure:
70% Account 1 (cannot be withdrawn until 55).30% Account 2 (can be withdrawn early to pay for education, housing loan, and healthcare).
New structure:
75% Account 1.15% Account 2.10% Account 3 (can be withdrawn any time).
Along with financial experts Hann and Sani, we discussed the pros and cons of this move, plus tips on how to grow your retirement savings.

--------------

Timestamps:

(00:02:52) Thoughts on Account 3? Yay or Nay?
(00:11:30) Could Acc 3 be the number 1 place to store emergency savings?
(00:14:55) Differences between Malaysia's EPF and Singapore's CPF
(00:26:19) Impacts of Acc 3 on EPF's future returns
(00:35:28) How will voluntary contributions be distributed?
(00:38:14) Will inflation rise due to Account 3?
(00:42:45) What's going to happen to the ringgit?
(00:44:27) Should I withdraw from Acc 3 to invest elsewhere?
(00:50:55) Why you should not withdraw from Acc 3 to splurge
(00:59:09) Let's talk about the wealth inequality
(01:08:47) How can we as citizens increase our retirement savings?
(01:19:15) QnA

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.

✅ 164 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.

Gold, ASB/ASM, stocks, FDs – what do these have in common?
They are all part of a diversified portfolio to help you maximize your returns.
But how do you determine what percentage to allocate in each asset?Where else can you invest?Most importantly, when should you take profits?In this session, ex-investment banker Hann Liew and economist Sani Hamid discuss how to build a portfolio that maximizes your returns, gold’s remarkable rally, and more.

--------------

Timestamps:

(00:01:36) Why is Gold up 15.48% since January?
(00:10:54) 5-10% of gold in your portfolio is sufficient.
(00:16:13) How to build a well diversified portfolio
(00:24:46) The "Sleep at Night" test
(00:28:16) Types of portfolios and their ratios
(00:36:13) Starting with RM1,000 (or smaller)
(00:45:29) 1-3% crypto in your portfolio will tremendously increase returns
(00:58:42) The secret to taking profits without feeling guilty
(01:04:46) QNA Session (jackpot money, ASB Financing, etc.).

--------------

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.

✅ 164 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.

It seems like every other day, the Singapore dollar is making a new all-time high.
Since the start of the year, the SGDMYR pair has rallied by 2.45% to RM3.5745.
In the recent two years, the Sing dollar improved 15.46%, representing an annual return of 7.45%.
This return is higher than EPF and 87% of unit trusts in Malaysia.
In this episode, we invite Sani Hamid, an economist and certified financial planner with over 30 years in the markets, to discuss the declining ringgit and why the Singapore dollar only goes up.

Watch the full presentation on YouTube: https://www.youtube.com/watch?v=6kFRoblFHK8

------------------

Mr. Sani Hamid is an economist and certified financial planner (CFA). He is 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.
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.

We’re back with Certified Financial Planners Hann and Sani. This session, as the title suggests, mainly focuses on investing in 2024. The speakers shared what sort of strategies we as investors could employ to maximize profits and insights on how next year will be for the markets.
We also talked about a more pressing matter: the new 10% sales tax, which will be imposed on Low-Value Goods below RM500 starting January 1, 2024.
Will the new 10% sales tax make local goods more competitive?How likely is this new policy to increased prices of online goods?Why are the US Federal Reserve’s decisions crucial for global markets?What is the investing outlook for 2024?How can we maximize profits next year?What assets/industries are likely to perform?Quick facts:
i) In December, the government announced a 10% sales tax to be imposed on low-value goods costing below RM500.
This tax is only applicable to online purchases, and local products will not be affected.
More info: https://www.instagram.com/p/C0-wtyQpQIK/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==

ii) The Federal Reserve has recently kept interest rates steady in its final FOMC meeting. In fact, the committee is looking to reduce them earlier than expected next year.
The result of this was a massive jump in the markets. The S&P, in the past 7 days rallied 3.16%, while back at home, the FBMKLCI recovered 1.50%.

--------------

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.

In this episode, financial experts Hann and Sani break down Budget 2024 and its potential impacts (both positive and negative) to the rakyat. We also discuss the ringgit’s road to RM5.00 and assets to consider with geopolitical tensions on the rise.
Budget 2024 represents Anwar’s promise to aid lower-income groups, but does it stay true to its proposal?How did the local market and the ringgit react to Budget 2024?Will the removal of price ceilings on chicken and eggs trigger a surge in prices?Will the SST increase to 8% force businesses to raise prices?Is removing diesel subsidies a good move for the economy?The ringgit is now at its lowest level since the Asian Financial Crisis. Why is this happening? --------------
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.