1st I am not sifu. Is not tax rebate. Is tax relief.
2nd invest when market is bad. Is like shopping. Do you buy when things are cheap or expensive? I buy more when is cheap.
3rd where you want to buy and what you want to buy all depends on your risk factor. If you cannot tahan losses, safer ones are bond funds (which give you FD like returns or lesser) and reit. If you can tahan losses, can pick funds which invest in stocks (equities). Again where you want to buy depends on what you want. You want pure Malaysian fund or Asia Pacific. Only you know.

Buy max 1 prs fund and max amount to put in is RM3k/year until 2021. Do not put a single sen more. Come 2022, if govt does not extend PRS tax relief, do not buy anymore.

This post has been edited by Ramjade: Oct 5 2019, 11:24 AM

Market down then only should invest.

By the time you can withdraw is already 20+ years later, it doesn't matter what's happening now.

Just pick a fund that suit your risk appetite and start investing.

How to add new fund in PRS account?

e.g got existing PBB fund.

But want to add CIMB fund.

by buying CIMB PRS funds with your existing PPA a/c number....I think that will add the new PRS funds into your PPA PRS a/c aready

i tried to search from ppa site...can top up cannot add new fund.

Buy from where? cimb website? can share? thank you.

or Is it need to "enrol" again at ppa site for new fund purchase.

This post has been edited by avinlim: Oct 6 2019, 12:31 PM

read page 172 ~ 174....there was some similar situation

So, can register 3rd party web site e.g FSM and eUT to get new fund.

am I right?

you mention 0% SC to buy PRS fund. Which website that offer 0% SC?

the more common one are
FSM
Eunittrust

This post has been edited by MUM: Oct 6 2019, 01:03 PM

can get tax relief of RM750 for RM3000, why not?

Recently i keep buy RM50 every week.

Pick a PRS by doing more research, example what is the benchmark you prefer? S&P500 ETF or China ETF?

This post has been edited by tiramisu83: Oct 6 2019, 02:56 PM

How cheap cheap is cheap?
For u is it cheap now?

Annual income below 50k can get till 750 tax relief?

My cheap and your cheap is different. Why is cheap for you may not be cheap for me and what is cheap for me may not be cheap for you.

As long as you put in RM3000, you will get some relief.
Paying income tax = say goodbye to your money. Money is not yours anymore.
Buying PRS = money is still yours and can withdraw in 20-30 years time.

anyone investing AmBank PRS funds ?

For starter, compare the fees and sale charges between these two and see which work for you..

I don't use FSM, so I can't give a fair comparison. That said, there is no fee for the funds I bought from eUT.

thanks for eut first timer have to go to the branch to apply right? and which provider to buy this year...

Go to their web to check on the registration. Can be done online with completed forms posted back to their office.

me.. i have both AmPRS-Tactical Bond and AmPRS-Asia Pacific REITs

How's the performance for AmPRS-Tactical Bond ?
And, how you buy, and sell the fund ?

I am trying to explore other funds

im a lazy person.. i just top up RM3K with agent (0% sales) every year since 2016 till now..

didnt care about the earning or losing lol.. but so far both of these is doing better than my PRS public mutual..