Should topup to pay less income tax. What's rm8 compare to income tax.
Topup until 2021. After that don't need to topup.

This post has been edited by Ramjade: Oct 22 2016, 04:28 PM

Topup max rm3k/year until 2021 as after 2021 there's no more income tax relief

High NAV does not meant it's expensive. Unless you are talking about when you cmpoare to it's own NAV for past 3 months.
Both Cimb and Amsia are feeders fund into
CIMB-Principal Asia Pacific Dynamic Income Fund and AmAsia Pacific REITs Fund respectively. So how they perform depend fully on the parent fund.

Yes. Once tax relief is no more, no need to put max RM3k/year. Just leave it as it is.

This post has been edited by Ramjade: Oct 30 2016, 07:43 AM

You put more than RM3k whether it's RM4k. 10k, you get the % of RM3k tax relief.

After 2021 when there's no more income tax relief, you can stop contributing RM3k/year unless the goverment decide to extend the duration of tax relief.

Be my guest to pay more income tax to the government. The government said thank you

This post has been edited by Ramjade: Nov 24 2016, 04:00 PM

Tax relief until 2021 only. After that, don't know if continue or discontinue.

Only put max rm3k/year and a single sen more. After reach 2021, you don't need to add anymore unless tax relief is continue.

These 2 funds are good funds as they are feeder. Cimb feeds into Cimb Principal Asia Pacific Ambank feeds into AmAsia Pacific REITS.

I think applicable for 1st time investor only. If existing one won't get RM1k.

Have to wait for budget to pass first.

PRS is practically buying a UT and keep it until retirement age. You cannot touch the money until you are retired. Yes. One time only. THe RM1k incentive will be given to you once you are at 55 years old. Once money is put in, you can see the money but cannot touch it until you are 55 years old. If you withdraw early, I believed there is hefty fines.

You won't lose 100% of the money. Because over 30+ years takkan the market stay down forever meh? Also, it depend on which fund are you buying. If you choose the wrong one, you will get about FD rates (which is bad). Choose the right one and you can get ~5-10% pa.

The RM1k is just one part of the story. Until 2021, if one put max RM3k inside there/year, one can get RM3k worth of income tax relef.

This post has been edited by Ramjade: Jan 22 2017, 05:20 PM

But you cannot remove that RM1k right?

No. No good. Why? Annualized return only 4.75%, 1.16%, 1.41%. Better put FD if like that. FD beat this return hands down.

Don't look at cummulative. Look at annualised returns. That's how much the fund make in 1 year, how much average 2 years and how much average 3 years.

The 3 good funds
Cimb PRS Asia Pacific
AmPRS REITS
KenangaPRS one (only pick this if you are confident with Malaysian economy)

For PRS there are only 3 funds to look at.
Kenanga PRS ONe
Cimb PRS Asia Pacific
Amasia PRS REITS

This post has been edited by Ramjade: Feb 11 2017, 09:51 PM

I thought ypu went with ponzi 2 proxy?

PB sucks. Pay 3% SC. If you buy PRS from FSM, it's 0% service charge.