You can treat EPF like a bond. I learned from one Singapoream blogger that he treat his CPF as triple AAA rating bond which pays 4%p.a

I have never been a bond person cause if you have dividends spitting out more money that you can spend, why the hell you need a bond for???

This post has been edited by Ramjade: Mar 28 2023, 10:15 AM

That's not a purpose of bond. Bond is to anchor your portfolio so that it helps to smoothen the volatility.

By not moving too much unlike stocks. Theoretically.

This post has been edited by Ramjade: Mar 28 2023, 11:14 AM

Anyway I agree with that blogger. Bonds should be like fixed deposit and should not behave like stocks.

This post has been edited by Ramjade: Mar 28 2023, 03:12 PM

Yes. But as mentioned bonds are supposed to stabilise the portfolio.

I am not believer of bonds.

There's a lot of tax free stuff in Malaysia. But PRS is among the worst. It's only good is for income tax relief until 2025 (provided govt didn't decided to continue the scheme).

Reason is they are unit trust and usually cannot even best EPF returns over long term.

This post has been edited by Ramjade: Jun 20 2023, 11:30 PM

If you are rich and you are priority customers of banks, they offer you. One bond is RM250k or in Singapore SGD250k.

Reasons I don't like bonds
1. Only the rich can afford them.
2. You need huge chunk of your money just to buy bond (not diversified) unless your RM250k is small change.
3. Bank earn some money from you so indirectly your relationship manager also get paid (I try my level best not to pay my banks/let banks earn money from me).
4. Your bond payout is not increasing over time unlike my dividend stocks.

That's why bonds are more affordable in US at only USD25/bond as far as I know la. Not sure if there are expensive bond (I am sure there are).

This post has been edited by Ramjade: Jun 21 2023, 07:50 AM

Depends on what you want. Some people just want 3-4% return. I swapped out my principal PRS plus asia Pacific ex Japan for principal retireeasy50.

Reason?
1. As long as emperor xi is there, he can always tekan stocks he don't like
2. I want US exposure and retire50 have 30% in global titans and 20% like that in Asia Pacific (china).

Don't get me wrong, I was a holder of principal prs Asia Pacific for years but no point holding to stuff which is not performing. Not to mentioned never bet against US market. But that's just me. Don't follow me.

I think you can swap once a month for free?

This post has been edited by Ramjade: Aug 23 2023, 06:24 PM

Forget about using PMO. Use FSM. Unless there's a fund with certain geography or sector that's not available by their competitors in fsm.

You can switch. It's free. If you are a bargain hunter can continue buying. Sometimes things are at a bargain for a reason.

Yes take 20% loss and avoid opportunity cost. Opportunity cost happens if say you continue holding and the stuff keep going down when you can switch for something that is going up.

Principal Asia Pacific was fantastic like 5 years back. Nowadays worse than FD.

I switch to retireeasy 50 cause I want access to global titans fund.

This post has been edited by Ramjade: Aug 26 2023, 06:22 PM

You are not me and I am not you. For me I don't care about conservative as I can only withdraw it when I retire. Hence I optimise my money by going for non Malaysian equities.

My external portfolio is also the same. I am heavy in the US, sg banks and some dividend stocks in UK and Canada. I don't do bonds or fixed income investing. EPF is already my fixed income.

I don't even bother topping up EPF as I can get EPF returns overseas.

Ask yourself are you ok with a 2-3%p.a return with a depreciating currency? I am not.

Again you are not me and I am not you. Your risk and my risk tolerance is different.

For me, my aim when I buy PRS is
1. Income tax relief
2. Match EPF return at least

You can check here yourself.
https://www.fsmone.com.my/funds/tools/chart-centre

It depends on your risk factor also. Some people just want bond funda only.
Also majority of ors performance sick and cannot beat EPF returns.

Besides what is good now is not necessarily going to be good going forward. Good example is Principal PRS Plus Asia Pacific Ex Japan Equity. It's one of the good funds long time ago but return is lousy for 2-3 years because of China.

You put in once, you claim the next year. That is it. You cannot claim anymore for subsequent year. You want to claim some more then put RM3k/year until 2025. If they don't extend after 2025, then 2026 no need to put.

Basically one time RM3k can only claim once next year. Of course you can put once and claim multiple year provided you don't kena audit but if you want to play by the rules then RM3k every year.

This post has been edited by Ramjade: Sep 8 2023, 01:18 PM

Higher % of global titans. I want access to US market not xi Jing ping control market.

This post has been edited by Ramjade: Oct 4 2023, 03:25 AM

Market discount seems to happen at the end of the year. Lol.

Can. Ask customer service how to do it. FSM customer service are very responsive.

Well you can always continue using your old platform to buy PRS. Alternatively stop buying from old platform as I don't think there are fees if it's dormant.
You can start buying via FSM from next year.

One time trouble. I think is worth it.