Market down is good time to buy. All my wealth to this date is because of buying when it is red.

Of course. Sadly I already top-up early this year.

The reason is all the funds are concentrated in Malaysia. Even the fund which is not focus on Malaysia focus on china. With emperor xi having his own way with the companies in china hence the china focus funds are not doing well.

That's why i move my prs to one with more allocation to US.

Prs as long as can match EPF is ok. Some just simply buy regardless of performance for tax purposes.

This post has been edited by Ramjade: Oct 24 2024, 05:08 PM

Keep in mind if other fund house offer more US exposure that is available on FSM, I will switch without a moment of hesitation.

I will keeping my eye out for it. But unlikely to happen as
1. BNM unofficial directive
2. Heard from people in the industry that PRS is not profitable.

Don't get tempted by the RM100. All Versa prs (affin hang prs ) return sucks overtime (can't beat EPF return)

Just go to fsm, -> funds -> chart centre. You can put it up to 7 funds. You can easily compare how does affin hang prs stack up.

Like I suspected 1 year return, principal retireeasy2050 beats all of AHAM funds. Left it in the dust.

You can lose money with prs as underlying are stocks and bonds. So if market tank, prs will also goes down.

If you cannot see losses,don't bother investing. Dump your money into EPF. Guaranteed no losses. Only losses you have are invisible losses
1. Inflation
2. Opportunity cost

This post has been edited by Ramjade: Oct 27 2024, 10:03 AM

If you choose correctly you can match and even beat EPF return. I did. I want to have both my cake and eat it. That's why for my PRS must be able to match EPF returns.

I won't fall for any company marketing. If you are talking about cherry better to take FSM RM40 offer 😂 Vs Versa RM100 offer.

Maybe I am bias. I will choose FSM. No service fees. Also the annual RM8.00 fees usually the fund house will auto minus from your investment.

You ask FSM about estate planning.

This post has been edited by Ramjade: Oct 28 2024, 11:08 PM

Where have you been all these years? Lol. All the years of income tax relief. To buy prs, you need to have PPA account. Cannot run away. FSM will ask you or help you to sign up for it. I believed got PPA forms that you need to fill up and and mail it back to FSM.

I have been prs since it was intro as I don't believe in paying lots of tax. Maximise income tax relief where possible.

This post has been edited by Ramjade: Oct 28 2024, 11:18 PM

If you have been there since the days of xuzen, prs is basically buy and forget about it. Buy max RM3k/year as long as govt give income tax relief. That's it. He said it himself. What's there to talk about prs. Buy prs, get income tax relief.😂You cannot withdraw early unless you want to get penalised by 8% penalty.



This post has been edited by Ramjade: Oct 28 2024, 11:35 PM

There are few ways to go about it.
1. Just buy any fund and be done with it. That is what most people does.
2. For me, I want to have my cake and eat it too. That's means I want income tax relief and maximise my gains.

If you see majority of the funds sold by prs all focus on Malaysia market only (maybe ? directive from SEC/BMM behind close doors) I choose the fund which have the most overseas exposure (US). Remember, I am always negative towards ringgit and Malaysin market. Before this I was a principal prs Asia Pacific dynamic investor. I switch for more US exposure after emperor Xi fiasco and when principal intro fund with exposure to US.

It's not actively managed per se but I do monitor the performance and any new fund which is intro to FSM like once a year. If and when they have a fund that track the S&P500 or the US market like 40-50% of it, I will move my money into the fund. Remember it's a long term fund. So if you can get say 10%p.a why not over a measly 2-4%p.a. The difference over long term is significant.

Results say otherwise. No idea why. You can do your own comparison.

Don't bother.

Don't use focus on most US exposure. Focus on who got the best returns over time and who have the least draw down.

Supposedly retire easy 60 got more US exposure but retire easy to got better performance. Yes past performance not same as future performance but give you some kind of like record.

They do sell AIA PRS funds for FSM. Don't know about eunittrust.

No. Depends on what you want and your risk profile.

This post has been edited by Ramjade: Jan 5 2025, 09:23 AM

Highest return one year does not means highest return forever. Lots of Malaysia focus funds are doing great last year cause oversold.

You can chase and be at the party/late to the party or go for consistent returns. As you can see in the pic principal retireeasy is not in the pic. Your choice.

Please don't use versa. The marketing trick used by versa by giving you free money to buy versa is not worth buying AHAM funds.

I would forego the reward and choose a good fund as reward is one time only and good returns should be consistent until.

3% service charge to buy.
The standard 1.5-1.8%p.a annual expense ratio.

By choosing public mutual you are already losing 3% out of the gate. So the returns better be better than other funds that can be bought from FSM as FSM is zero percent service charge.

This post has been edited by Ramjade: Jan 6 2025, 03:16 PM

If they got good funds, it's a different story. I think you can contact FSM and ask them if you can transfer over to them or not.