There are only 3 good PRS funds in Malaysia which can give you double digit return or high single digit. So choose the best out of the 3. Other unit trust is just rubbish. So having said that RM6750 +double or high single digit return is a win win situation. Talk about having your cake and eat it.

But with 2 more years of tax relief, think if you want to commit. I commited since the days of RM1000 youth incentive by the government.

Remember money paid back to you is your money. Money paid to govt is no longer your money.

This post has been edited by Ramjade: Dec 24 2022, 10:49 AM

Yikes sorry. I think we are in 2023 already. I never depend on govt. Frankly PRS and EPF is lousy way to invest for retirement.

Best way is dividend growth investing with automatic dividend growth of 15%p.a. Over long term, it beats any return EPF can churn out. That's why I never bother topping up EPF and invest myself the money which is supposedly use for EPF top-up.

This post has been edited by Ramjade: Dec 24 2022, 11:36 AM

Same la. Where govt give money I take. I ulitilse Klinik Kesihatan services too.

Yes and no.
Yes if you can find a fund which give you double digit or high single fight return. There are basically only 3-4 funds that fit the criteria.
No. If your fund is losuy. Cannot even beat FD return. No if your income tax is small.

These are just my conclusion.

This post has been edited by Ramjade: Dec 25 2022, 11:28 AM

Only if you don't know how to choose your funds. If you know, min 10%p.a return beats anything EPF can throw out.

Principal PRS Plus Asia Pacific Ex Japan Equity
Manulife PRS Asia-Pacific REIT
Kenanga OnePRS Growth Fund

Of course my good may not necessarily be your good as some people cannot stand if their investment drop day 20%p.a

This post has been edited by Ramjade: Dec 30 2022, 11:24 AM

I don't have last 2. Cause I only buy one PRS fund. Not performing because crackdown by emperor xi. Once emperor xi stop cracking them down, should be ok. Prior to emperor xi crackdown, double digit return yearly. Never track but I know double digit for like 4 years in a row?

This post has been edited by Ramjade: Dec 31 2022, 08:59 AM

Emperor xi fault. Emperor xi wont continue crack down permanently.

Asia Pacific ex Japan funds invest in China namely tencent, Alibaba. So when emperor Xi cracks down on tencent and Alibaba, it affect the share price, hence any funds holding these 2 companies will see drop in their NAV.

You will need public mutual statement.

Any new prs which invest in US market?

Available via fsm?

This post has been edited by Ramjade: Mar 9 2023, 04:24 PM

Not interested in reits. I want stuff like Microsoft, visa, tsmc, apple etc.

This post has been edited by Ramjade: Mar 9 2023, 06:24 PM

I know tsmc is Taiwan. I want a fund that is like ta global tech.

I want a fund that is like ta global tech.

Come I will answer you here.
Generally they all suck. Why? Majority all only know how to focus in Malaysian market and cannot beat EPF returns. You want it to match or beat EPF returns cause no point put inside there, lockup same duration as EPF and get lessee than EPF returns right?

Please do yourself a service and don't buy from agents. Why? By buying from agents you automatically lose 3% as service charge.

If don't buy from agents, buy from where?
Just get it from FSM at 0% service charge.

Now what's best? Depend on people. What's your best and what's my best can be different. Your best can be as long don't lose money can get 3%p.a return enough, dont need beat EPF rerurns. My best maybe as mentioned must match EPF returns or beat EPF overtime.

For PRS, max amount you should buy is RM3k/year unless govt increase the tax relief. And tax relief is until 2025 (3 more years of buying provided govt don't extend the scheme - 2023, 2024, 2025)

For me, I personally only buy
Principal PRS Plus Asia Pacific Ex Japan Equity - Class C

Please do not use agent to buy life insurance. Life insurance nowadays you can buy online. No need agent. Can easily save money on agent commission around few thousand by buying online directly. Can go for good makan or holiday already.

This post has been edited by Ramjade: Mar 22 2023, 11:49 AM

Not all prs are good. Majority sucks. I think only 2-3 are good. Not sure about public mutual part cause never have access to them.

Go check your prs. Not all prs sucks. Majority sucks.

Interest rate going up. Bond price goes down as yield goes up.

Majority of prs are. As mentioned there are only a handful of prs which is good. Also need to see your risk profile. Mine is fully equities as I have no use for bonds.

I never look at the fund AUM. Btw some of the Manulife shariah prs returns looks not bad (based off fsm fund chart center)