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 Private Retirement Fund, What the hell is that??

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Dennos
post Dec 10 2013, 09:49 PM

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i bought Hwang PRS from FSM because of tax rebate + 0% fees.
Dennos
post Dec 11 2013, 05:39 PM

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QUOTE(Kaka23 @ Dec 11 2013, 08:16 AM)
Which specific fund?
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hw growth.
Dennos
post Dec 11 2013, 05:41 PM

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QUOTE(creativ @ Dec 11 2013, 10:46 AM)
Investing in PRS is not about....

(Year 1) +3 % 
(Year 2) +1 % 
(Year 3)  0%
(Year 4) +8 
(Year 5) -4% 

What matters most is that you control the risk you're willing to take. At the end of the day, at retirement age, that is the amount that matters.

That's the approach I take. PRS should be boring.  biggrin.gif

If I want excitement, and something to talk about, I invest direct in equity.
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(Year 1) +3 % +2x% tax rebate + dividend
(Year 2) +1 % +2x% tax rebate + dividend
(Year 3) 0% +2x% tax rebate + dividend
(Year 4) +8 +2x% tax rebate + dividend
(Year 5) -4% +2x% tax rebate + dividend

...
...
..
(year 10) ........... +2x% tax rebate + dividend
Dennos
post Dec 11 2013, 05:42 PM

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QUOTE(cpteoh @ Dec 11 2013, 09:41 AM)
how to buy? thought agent?
please pm me the agent contact
thank you
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i choose fundsupermart because got live chat room and they can speak mandarine. LOL

This post has been edited by Dennos: Dec 11 2013, 05:43 PM
Dennos
post Dec 11 2013, 09:31 PM

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QUOTE(Hevrn @ Dec 11 2013, 09:29 PM)
How long will it take for PPA to inform us on our login ID to view our holdings online? Will they email us or drop us a letter? I submitted my application to RHB last week but have yet to receive any news despite them debiting the money last week
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im waiting for this. FSM told me 4 working days max, hmm.gif
Dennos
post Dec 18 2013, 05:14 PM

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PPA annual fee is RM8

 

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