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 Private Retirement Fund, What the hell is that??

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ChiaW3n
post Jun 20 2018, 04:13 PM

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I am still thinking whether which PRS provider should i go to..
ChiaW3n
post Jun 21 2018, 12:01 PM

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QUOTE(mephyll @ Jun 20 2018, 04:22 PM)
what i did is pick 1 of the PRS fund available in FSM then just buy without study much on it (bad example)...
why? 0% sales charge + is very long term investment. dont have to bother too much the performance etc.
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i heard from my friend right, opening up first time with FSM mafan.
ChiaW3n
post Jun 21 2018, 12:03 PM

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QUOTE(adele123 @ Jun 21 2018, 08:50 AM)
i gave slightly more thought than the other guys...

Do you want to invest in Malaysia or non-Malaysia Market?

A) Malaysia: choose the fund with best record
B) Non-Malaysia: choose the fund with best record, although actually only one fund qualifies this category for me, cimb ap ex japan prs fund

I went with B.
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investing PRS also because of the tax deduction, that's why i got not much knowledge at this area biggrin.gif biggrin.gif
ChiaW3n
post Jun 21 2018, 02:55 PM

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QUOTE(rapple @ Jun 21 2018, 12:20 PM)
0% service charge, so a little bit of inconvenience is acceptable.
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QUOTE(mephyll @ Jun 21 2018, 12:22 PM)
so far so good, just the documents submission troublesome... by post or by hand..
agree, 0% sc... worth more than buy via PPA website. cant recall how many % d.
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Thank you for all the advice! smile.gif make my mind more clear now!

 

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