It boils down to the law of the marketplace – let the buyer beware.

In the previous lessons, you have been exposed to a wide variety of investment products. You have learned how to accumulate capital and allocate it wisely. There is one source of investment capital some of you might wish to utilise.

EPF withdrawal scheme
It is a portion of your EPF money that the EPF allows you to withdraw for investment in equities, bonds and unit trusts.

The following conditions apply:

• You must have at least RM55,000 in account 1 (retirement account).
• The money must be invested through a fund management institution (FMI).
• The maximum amount you may withdraw is 20% of the difference between your savings in account 1 and RM50,000, and the minimum is RM1,000.
• You may withdraw funds every three months as long as the balance in account 1 exceeds RM50,000.
• You may not withdraw money after liquidating investments – this money will go back into your EPF account.
• Gains are considered a part of your EPF savings.
• You must obtain Form KWSP9F and your account statement from EPF and present to a fund management institution (FMI) for processing.