With the Employees Provident Fund (EPF) recently declaring a highly respectable 6.15% dividend for both conventional and Syariah savings for 2025, bringing the total payout to RM79.6 billion, a familiar debate has reignited across retail investor circles. If a state-managed pension fund can consistently deliver roughly 6% tax-free, with absolutely zero capital volatility, why should anyone endure the psychological torment of picking stocks on Bursa Malaysia? It is a mathematically valid question. Let’s provide an honest, unvarnished review of the risk-averse “All-In EPF” camp versus the active Bursa dividend hunters, determine who actually prevails in the long run, and explore the alternate strategies that generate true alpha. The “All-In EPF” Camp: The Risk-Averse Fortress For the purely risk-averse investor, voluntarily maxing out EPF contributions up to the RM100,000 annual limit is less of an investment strategy, more of a financial fortress. Don’t get me wrong, it’s still a prudent way of managing and growing wealth. It does have its pros and cons....