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 Private Retirement Fund, What the hell is that??

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ironman16
post Jan 22 2021, 09:28 AM

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QUOTE(GrumpyNooby @ Jan 22 2021, 08:26 AM)
MCO till 4/2/2021 and no interstate travel is allowed.  cool2.gif
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😂😂😂
Jgn la mcm tuk,
ironman16
post Jan 23 2021, 06:57 PM

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I dca all the way since 2016
ironman16
post Jan 23 2021, 09:20 PM

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QUOTE(guy3288 @ Jan 23 2021, 08:34 PM)
i buy lumpsum since Nov 2013
CIMB PRS  thumbsup.gif
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thumbsup.gif thumbsup.gif thumbsup.gif

Affin moderate IRR 8.01% ROI 31.37% (almost 4 year )

Principal Asia Pacific ex Japan IRR 12.83% ROI 38.67% (3 year )

Am Reits ROI 3.82% (6 month)


Overall : IRR 9.94% ROI 23.97%

This post has been edited by ironman16: Jan 23 2021, 09:22 PM
ironman16
post Jan 23 2021, 09:52 PM

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QUOTE(honsiong @ Jan 23 2021, 09:50 PM)
Same here, swear by just AmPRS REIT and Principal AAXJ, performing crazy well so far.
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still got a long journey..... whistling.gif

now survey this year fund ..... hmm.gif
ironman16
post Jan 24 2021, 08:26 AM

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QUOTE(GrumpyNooby @ Jan 24 2021, 07:00 AM)
Affin for this year right?
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Still flip2, i think mostly.

I did come acros AIA prs in my head but why seldom ppl talk about it? 🤔🤔🤔.

Kenaga prs not bad now, last time feed to kenanga growth fund 😑 but last year i flip, no more feed to kenanga growth, may b the mandate change.😁😁👍👍👍

This post has been edited by ironman16: Jan 24 2021, 08:27 AM
ironman16
post Jan 24 2021, 09:06 AM

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QUOTE(GrumpyNooby @ Jan 24 2021, 08:52 AM)
AIA PRS is like a closed ended environment and you're tied to the insurance provider.

The agent may upsell you with other products. biggrin.gif
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U mean they can use my info n call me?

😂😂😂 Seen like no much choices, kenanga or affin aje 🤣🤣🤣
ironman16
post Jan 24 2021, 09:14 AM

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QUOTE(GrumpyNooby @ Jan 24 2021, 09:09 AM)
What is AIA main product? brows.gif
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Insurance lo 😂😂
But manulife oso insurance companies
ironman16
post Jan 24 2021, 09:49 AM

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QUOTE(GrumpyNooby @ Jan 24 2021, 09:18 AM)
I got FFS for:

1. AIA Strategic Equity Fund
2. AIA Fixed Income Fund
3. AIA Dana Bond Fund

Interested?  dry.gif

I can link you up with the agent. brows.gif
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How come u got this?
ironman16
post Jan 24 2021, 10:19 AM

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QUOTE(GrumpyNooby @ Jan 24 2021, 09:51 AM)
Part from the "upsell" engagement ...  dry.gif
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😂😂😂 U yg kena.

Upload here, i wanna flip2.
I like to read the FFS 😁
No harm
ironman16
post Jan 24 2021, 10:20 AM

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Sorry, double post.

This post has been edited by ironman16: Jan 24 2021, 10:20 AM
ironman16
post Jan 24 2021, 04:40 PM

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QUOTE(!@#$%^ @ Jan 24 2021, 11:47 AM)
feed to who now
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Now just like normal unit trust, pick fund oledi, no more feed to Kenanga growth fund. 👍👍👍

QUOTE(wongmunkeong @ Jan 24 2021, 02:43 PM)
hehe coz good processes/logic will get results long term - repeatable.
remember your post below + some others questioning you? heheh
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👍👍👍
Startegy maintain n try do home work b4 January or Feb in liao.
Listed is kenanga growth prs and affin growth prs (gonna pay rm8 which against my concept 😁)
ironman16
post Jan 24 2021, 06:01 PM

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QUOTE(GrumpyNooby @ Jan 24 2021, 05:32 PM)
If against your principle, then shouldn't do it. Integrity matters as flip flop will destroy credibility like our current government.
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sweat.gif sweat.gif sweat.gif

ironman16
post Jan 24 2021, 06:41 PM

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QUOTE(tiramisu83 @ Jan 24 2021, 06:21 PM)
hi bro..just wonder you developed the excel yourself? Looks cool
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come here get it

FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing biggrin.gif
https://forum.lowyat.net/topic/4193169#



This post has been edited by ironman16: Jan 24 2021, 06:43 PM
ironman16
post Feb 15 2021, 02:24 PM

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QUOTE(!@#$%^ @ Feb 15 2021, 02:01 PM)
hi, wanna ask what is the service charge if buy PRS via public mutual online? i read it says 'up to' 3% but that's via agent right?
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U try the purchases n update here la 👍👍👍
ironman16
post Feb 17 2021, 09:06 PM

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QUOTE(chongteck @ Feb 17 2021, 08:30 PM)
My PRS value has risen and on paper, this gives back about ~20% return.

Do you all sell your PRS ?

With the 8% tax penalty, the return now still looks attractive (>10%) . Been contemplating about selling it
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PRS is long term bo......may b just intra switch to lock in ur profit ??? sweat.gif
ironman16
post Feb 17 2021, 09:09 PM

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QUOTE(GrumpyNooby @ Feb 17 2021, 09:07 PM)
PRS is just for tax saving.
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but got 8% penalty le....

can just switch to conservative to lock ma....but i just let it growth bruce.gif
ironman16
post Feb 17 2021, 10:23 PM

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QUOTE(GrumpyNooby @ Feb 17 2021, 09:10 PM)
The return can cover the tax penalty right?
You're not selling at loss.
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thumbup.gif u r right

But i prefer to lock the profit (8%) by switching , no right or wrong, just different ppl different strategy..... thumbsup.gif thumbup.gif
ironman16
post Mar 23 2021, 01:50 PM

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QUOTE(emkay_2020 @ Mar 23 2021, 12:50 PM)
Hi , anyone invest this fund in FSM ?

Principal PRS Plus Asia Pacific Ex Japan Equity

Is it give good returns so far ?
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The best among my prs, overtake affin prs. 👍
With 33.37 % ROI

Affin moderate 28.81% ROI
ironman16
post Mar 31 2021, 09:19 AM

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QUOTE(familyfirst @ Mar 31 2021, 09:07 AM)
How many of you contribute more than the 3k annually?  Am thinking since markets are improving and the funds are generally doing pretty good, it can only get better when situations across are opening up more?    Safe to dump in more than the 3k (if close to retirement and can wait till then for withdrawal)?
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Why need more than 3k?
Just 3k enough oledi.
Use the extra money the fund that u like, flexible switch lagi senang.
ironman16
post Apr 4 2021, 09:52 PM

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QUOTE(familyfirst @ Apr 4 2021, 09:34 PM)
Correct me if I am wrong but the longer I keep the funds, the lower the annualised return?  Im not sure how to read the data.  Appreciate your learnings thanks.
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if the annualise return keep falling mean the fund not performing recently.....thats i know.... whistling.gif

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