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 Private Retirement Fund, What the hell is that??

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ironman16
post Nov 20 2020, 07:05 PM

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QUOTE(GrumpyNooby @ Nov 20 2020, 06:52 PM)
Shariah Conservative Fund.
Waiting for opportunity to switch back to Growth Fund.
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One year can switch one time only?

QUOTE(honsiong @ Nov 20 2020, 06:55 PM)
Stocks are really too high now, come down a bit pls. Still young man I want more window to collect cheap stocks.
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Hope ur wish come true, i also waiting
ironman16
post Nov 20 2020, 07:11 PM

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QUOTE(GrumpyNooby @ Nov 20 2020, 07:08 PM)
Seems like no restriction for switching except for Principal and Manulife:

8. Can I switch my PRS funds? Can I switch my PRS funds to a different fund house?
Yes, you can switch within same fund house and between different fund houses. You may login into your investment account and click on Funds >> Transactions >> Sell/Switch to execute the switching transaction.

There is no switching fee and also no restriction to the number of switching transactions EXCEPT for the following fund houses:
•CIMB Principal Asset Management - 12 times free switch per calendar year (one time switching per month)
•Manulife Asset Management Services Berhad - 12 times free switch per calendar year

https://www.fsmone.com.my/support/frequentl...tions?faq=Funds
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U can play like UT oledi
ironman16
post Nov 22 2020, 09:27 PM

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QUOTE(onthefly @ Nov 22 2020, 08:06 PM)
Tried to register account from PRS https://prsenrolment.ppa.my/
Seem force to choose the PRS Provider & Fund. Cannot skip ?
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bcoz u buy through PPA ma, sure must chosse fund house provider.....REMEMBER o.....got RM 0.50 charge for every transaction if through PPA

why dont buy through FSM?......free of charge
FSM oso can help u open PPA account (normally is PPA<IC number>)

that pages is enrol pages?

try this if only register account to check ur PRS fund...
https://www.prsmember.my/login/

i dont know u in which situation..... sweat.gif

This post has been edited by ironman16: Nov 22 2020, 09:31 PM
ironman16
post Nov 23 2020, 10:39 AM

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QUOTE(onthefly @ Nov 22 2020, 10:11 PM)
Situation is first timer
Tried fsmone earlier but seem need they will send snail mail ?
user posted image
So thought faster if PRS can do everything online.

---------------------------------------
Just saw this. can do online for certain provider.

Formless PRS application is applicable via FSMOne Mobile Website on certain Fund House, please click this link HERE for more information.
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Ya, but only few fund house providers. But use snail mail oso fast ma, use pos laju, just like me

I mean FSM oso support online enroll but certain fund house

This post has been edited by ironman16: Nov 23 2020, 10:40 AM
ironman16
post Nov 23 2020, 08:20 PM

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QUOTE(AnasM @ Nov 23 2020, 07:22 PM)
Dont use online
Next time u will have problem withdraw as ur signature will be not same
Online is signature via online
When withdraw will sign paper, so ur signature will diff, and withdrawal declined
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i tak pernah guna online punya, i guna snail mail.......bayar pos laju kasi untung sikit supaya x lingkup company ini rclxms.gif rclxms.gif rclxms.gif
ironman16
post Nov 23 2020, 08:25 PM

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QUOTE(GrumpyNooby @ Nov 23 2020, 08:21 PM)
You hold shares in Pos Malaysia? hmm.gif
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i banyak beli shopee online ma......takut bankrup n x ada org hantar parcel saya nanti

i oso wish i got POS malaysia punya share....bo kaya o rclxm9.gif
ironman16
post Nov 24 2020, 11:08 PM

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QUOTE(gashout @ Nov 24 2020, 11:02 PM)
Any PRS is doing well since you signed up for it? Please share the fund name. Thanks
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Affin-Hwang-PRS-Moderate-Fund
IRR= 5.94%
ROI=21.54%
hold= 3 years 8 months 18 days


CIMB-Principal-PRS-Plus-Asia-Pacific-Ex-Japan-Equity-Class-C
IRR=7.81%
ROI=21.10%
hold= 2 years 10 months 12 days


AmPRS-Asia-Pacific-REITs-Class-D
IRR= 3.40%
ROI=0.70%
hold= 0 years 4 months 31 days
(still in process, havent reach 3k yet) biggrin.gif


u sendiri tengok , up to date.....my PRS fund bruce.gif

This post has been edited by ironman16: Nov 24 2020, 11:11 PM
ironman16
post Nov 24 2020, 11:13 PM

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QUOTE(gashout @ Nov 24 2020, 11:10 PM)
The REIT is a bit sad.

Overall on average seems like performing similarly to EPF? Correct me if I'm wrong.
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EPF how many % i dont know .... sweat.gif

the Reits PRS is special one bcoz i purposely wanna buy at low (current situation), wanna see can fly in future or not.... thumbup.gif nvm, 3k only
havent reach 3k yet.....still waiting dip , will reach 3k this week or next week ......then stop .
ironman16
post Nov 24 2020, 11:17 PM

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QUOTE(MUM @ Nov 24 2020, 11:14 PM)
have some idea of their performance....
https://www.ppa.my/wp-content/uploads/2020/...e-All-Funds.pdf

depends on when you starts to calculates too...
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luckily my fund not the worst in the fund house...... whistling.gif
ironman16
post Nov 25 2020, 02:01 AM

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QUOTE(victorian @ Nov 25 2020, 12:45 AM)
Want to lumpsum 3k for PRS but everything is so high right now :/
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PRS REIT not high, now very low.... U wan?
ironman16
post Nov 25 2020, 07:40 AM

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QUOTE(GrumpyNooby @ Nov 25 2020, 06:54 AM)
So you're promoting REITS now? hmm.gif
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No, i won't promote it bcoz takut salah promote.
But normally when the fund really low, no body dare to enter, takut pancit n x dpt fly high.

But when the fund spike high, ppl will said now oledi high, wait dia turun baru in. 🤭🤭🤭
ironman16
post Nov 25 2020, 10:07 AM

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QUOTE(GrumpyNooby @ Nov 25 2020, 10:00 AM)
Principal PRS Plus Asia Pacific Ex Japan Equity - Class C hit ATH again based on NAV of 1.2361 (23/11/2020)
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thumbup.gif thumbup.gif thumbup.gif
kasi rally lagi.....hingga pancit

ironman16
post Nov 25 2020, 10:13 AM

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QUOTE(CSW1990 @ Nov 25 2020, 10:11 AM)
Actually personally I think reit is a good selection in PRS right now if one’s age allows to let it roll for 10+ years.
Reit is in low price compared to other equity funds and sure will rebound in long term. Anyway it is just 3k and will be locked for years
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same though like me.......i will lock it for 20 years...... bruce.gif
if equity Reits, tangan ichy la.....selalu cabut

This post has been edited by ironman16: Nov 25 2020, 10:14 AM
ironman16
post Nov 25 2020, 10:16 AM

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QUOTE(GrumpyNooby @ Nov 25 2020, 10:15 AM)
Where you bought your AmAsia REIT PRS from?
FSM One?
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yes bro.... brows.gif
why?.....got others better platform for me??? brows.gif

This post has been edited by ironman16: Nov 25 2020, 10:17 AM
ironman16
post Nov 25 2020, 10:18 AM

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QUOTE(GrumpyNooby @ Nov 25 2020, 10:17 AM)
Need to submit/mail in the documents physically to their HQ at KL?
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ya.......i use pos laju .......early year oledi submit .....that time buy RM200.......n i wait dip, until now almost 3k
look like now is the time oledi bruce.gif
wish me luck

This post has been edited by ironman16: Nov 25 2020, 10:19 AM
ironman16
post Nov 25 2020, 10:20 AM

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QUOTE(GrumpyNooby @ Nov 25 2020, 10:17 AM)
Need to submit/mail in the documents physically to their HQ at KL?
*
now i try to consider for next year PRS fund ..... rclxub.gif
ironman16
post Nov 26 2020, 12:01 PM

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QUOTE(honsiong @ Nov 26 2020, 11:39 AM)
DONT
BOTHER
WITH
FSM

My GOSH printing the forms out, unsure if I am filling it out correctly or not, wait 30-60 mins at post office to get it sent.

NOT WORTH IT.

Just suck up the tiny bit of charges on PPA and avoid all these mess.
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Pos laju just beside my area, in Petronas Station. Easy for me
If walk oso reach😁😁😁

This post has been edited by ironman16: Nov 26 2020, 12:02 PM
ironman16
post Nov 26 2020, 12:17 PM

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QUOTE(honsiong @ Nov 26 2020, 12:04 PM)
Why macam TTDI
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What TTDI mean? Google can't found it
ironman16
post Nov 26 2020, 12:21 PM

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QUOTE(GrumpyNooby @ Nov 26 2020, 12:19 PM)
Taman Tun Dr Ismail in KL.
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But I'm from sarawak, 🤭🤭🤭
ironman16
post Nov 26 2020, 12:25 PM

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QUOTE(honsiong @ Nov 26 2020, 12:22 PM)
Coz TTDI post office is also at Petronas
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My bad, in sarawak if rural area, pos laju counter normally in Petronas station
😁😁😁

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