How to get crisis?
Anyway, both are more or less the same, either die fast or die slow

Different.

Die slow, you put into EPF also nvm. Die fast, you want to think of a way to convert it to something else.

Need to be prepare incase another currency crisis hit like 97/98, balance ur portfolio. Don't put everything in RM only, diversify to foreign currency too

What if I told you that this time the currency crisis may not just be an Asian one.

Private Retirement Scheme hits RM500m with 100,000 members
http://www.thestar.com.my/Business/Busines...100000-Members/

do you know which PRS provder hv 0% sales charge..or promotion season.

This post has been edited by felixmask: Oct 2 2014, 06:31 PM

So sorry, I don't know but I see if u apply via FSM, got some kind of discount

Hwang. i should say Affin Hwang? i always see their advert.

prs provider

if you do via FSM, all 0% wo.

thanks for the infor......i try to open from there

if you really gonna open account with FSM, try getting someone to refer you.

cause there's referral benefit. though for you, makes no difference someone refer you or not. just kinda benefits the other person at no cost to you

I get pinkspider

Nobody know, just be prepared :-)

anyone already got their $500 prs youth incentive?the article said $5million have been disbursed to PRS providers to be credited to eligible accounts

Another rm200 to go till achieve this year target

i can intro u kenanga guy, he offered me the lowest at 0.5%.

Why still want to pay for the SC when you can have 0% with FSM?

PRS is retirement investment and you're not going to touch it till your age reaches 55. There's not much flexibility from it since premature withdrawal is expensive due to the 8% tax penalty.

I heard those with 0% sc will charge higher management fee. So at the end, no difference...

Management fee is published publicly and audited in the annual financial statement.

Whether it's 0% and some figure up to 6.5% is not transparent to you.

And there's a max number that a fund can impose management fee for.

This post has been edited by David83: Oct 6 2014, 06:54 PM

example of the fund doing that?

from FSM website Manulife funds 2.25%,lowest RHB 1% management fees,mostly at 1.5%