Netizen Rues Investment Losses In Epf S Unit Trust Scheme Wants To Sell Deposit Proceeds Back In Epf

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INVESTING is an art that requires patience and no small amount of financial acumen.
However, one netizen claimed on X that he has lost 26% of his investment – or a mere RM1,400 – since putting funds in unit trusts in 2014 presumably via the Employee Provident Fund (EPF) Members Investment Scheme (MIS).
Regretting his decision, the poster who goes by the handle of Ikar (@ikarbertweet) said he is minded to sell his unit trust and deposit whatever he could salvage in his EPF account.

On the hindsight, he noted that many have claimed unit trusts to be a worthwhile long-term investment. He invited others to share their thoughts.
The post has obviously triggered plenty of reactions by virtue of it having garnered 1,1M views at the time of publication.
One netizen claimed that massive dividends can be had by investing in Bitcoin. A RM5,000 investment back in 2014 could have mushroomed into RM1.85 mil!

This view was backed by another commenter who tried to predict prices based on a four-year cycle. He surmised that it will be good to invest in the digital currency come 2026.
2014 could have mushroomed into RM1.85 mil!

More than a few agreed with the original poster that unit trusts have had its day with one advising to just transfer the monies back to EPF. There are officers ready to assist with this matter.

Another surmised that it was just better to have kept the money in EPF instead of investing in mutual funds to which the poster remarked that it was an “expensive” lesson for all.

One netizen suggested that lots of buying-and-selling were required to make a profit. It wasn’t as simple as “buy and go to sleep”. However, the poster disputed such claim as all unit trust agents said their products are meant for long-term investment.

Speaking of agents, one commenter also highlighted how he was ill-advised and ended up losing money.

Another commenter also agreed that unit trusts were a waste of time with agents living off “nonsense” fees. Bitcoin was the way to go, he counselled.

Beware of agents who sugar coat the facts. This was the stark warning from one netizen who claimed that the agents’ investment reports could be very different from EPF’s reporting.

The many grouses seem to indicate that many people have experienced losses investing in unit trusts.
Truth be told, there is no such thing as easy money. The closest one can get is with the annual dividends via EPF.
Anything more may just be too good to be true or will entail some degree of risk.
If one isn’t willing to take a punt, then it is best to stay conservative and leave the money in the good hands of the EPF.
As the age-old adage goes, “no pain, no gain”. Unless one is willing to take a gamble, there will be no shortcut to riches. –  Focus Malaysia

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