wow.. seriously?
Cayman islands and see the red fonts below from it's website.
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U must be either very wealthy and not mind the risks involved
or very knowledgeable to manage such,
to invest in this

yup, so they are
so is Handsard Group - a huge mis-selling by an consultant to my sister, locked-in 5 years and current losses in USD10K+
the devil's in the T&C + mis- or appropriate selling.

BTW, that ITA scheme you're referring to - is it PRS approved?
ie - tax relief and stuff?
or just suggesting an alternative to PRS?

GE? heheh - that's annuity or PRS?
anyhow - checkout mutual fund types of PRS lar.
Just because U saw a lame duck doesnt mean all BIRDS are lame.

PRS works for me due to tax rates +0% service charges (Hwang's Growth PRS via FSM)
Each person's mileage may vary with their tax rate + selected PRS.

Yes - by that time, i'm over the age "to take out everything" already from PRS
sigh.. what kind of Q is that..

Ahem.. U still seem to be lost about
annuity plan (from insurers)
VS
PRS (from fund houses and they're like a type of mutual fund with T&C)

This post has been edited by wongmunkeong: Oct 1 2014, 03:31 PM

Different strokes for different folks (and scenarios)

PRS is definitely useful for me - its tax relief, 0% service charges (if from certain fund houses) and can take out with T&C
Thus far (2 years) - Hwang's PRS Growth - been kind to me, 7%pa+/- (excluding the 26% tax relief which was invested in other stuff),
and it's a way to get into overseas equities "cheaply" + "bit by bit small potatoes approach" ($3K a year, ok lar)

Main things i was trying to get across are:
a. PRS <> Annuities
b. PRS has its usage in certain investors' portfolio depending on....
c. PRS isn't a magic bullet, neither is it a "dog" outright

Another mis-informed soul?
EPF <> PRS
EPF $ cannot be taken out to do PRS investing
CASH is used for PRS investing, of which one gets tax relief for up to RM3K.

Google "reversion to mean" or "return to mean" - the dangers of chasing "performance" or yearly "best-est" funds (and possibly stocks).

I've put in $6K too, net profit $356+
However, if i take into account WHEN i put in VS yesterday's NAV value - it's 6.07%pa.
Ok lar given that MY & some other countries' markets fell 2%+ on last Fri - this Wed.

U expecting how much %pa?

I think "impact-wise", yr IRR returns more than that if taking tax relief into account

Hwang PRS Growth Fund
By PRS definition, yup "Aggressive"
Me - i just wanted foreign exposure

<off topic warning>
this is Malaysia - anything pun boleh lar bro
U scratch my back, i scratch your back biz - straight from the playbook of the fellow

come come, dont merajuk
uncle play CashFlow 101 & 202 (Lobak KeyOhSaki game) with U ar..
easy to learn that CASA still needed and a solid base to start all other financial freedom movements.

PIDM
$5K
heheh.. i think someone may be confused with SSPN?

This post has been edited by wongmunkeong: Nov 14 2015, 07:31 PM

The FORCE is strong in this one..

it is now stated as 55 for the threshold to withdraw without penalties

used to be 50 previously right?
if so.. urgh.. they doing to PRS like what they want to do to EPF (push the age further)
luckily 8% ok lar, let them whack BUT only can withdraw from A/C B which holds only 30%

http://www.ppa.my/prs/about-prs/prs-scheme-features/
screenshot:

eh?
i must have short-circuited my cloudy brains
i was planning to execute PRS even at 50 (to fixed income type) AND next calendar year straight away dispose (ie. Dec do, Jan dispose) - to get the tax relief only heheh

Rumbe nandri Xuzen-ji

Failed logic & simple maths kua
It's the gomen''s fault - keeping people illiterate in YingLeash & Muths 😆

U talking about:
AmPRS - Asia Pacific REITs - Class D
?

AmPRS - Asia Pacific REITs - Class D
er.. shot up 13.43% since 20/01/2016 till 11/07/2016.
Buy high sell higher?
or buy ok / low and sell high?

yup but there is NO changes in interest rates
just "expectations of NOT moving up"

dang.. if life was just as simple as Excel worksheets' formulas