Nov 26 2015, 10:51 AM
QUOTE(cherroy @ Nov 16 2015, 10:16 PM)
Personally I won't.
EPF - principal money is guaranteed, return also guaranteed, just how much the dividend will be only.
PRS - Principal not guaranteed, return also not guaranteed, can be no dividend, and make a lost if market situation is not favourable to the fund.
I would opt for UT instead of PRS.
PRS = UT that cannot be withdrawn until reaching pension age, apart from the tax relief (3K max), there is no incentive to invest into PRS at all.
While invest in UT (without PRS route), you have the flexibility to withdraw or selling it anytime, if one is seeing the market has peak.
Yeap the only incentive for me is the tax relief.EPF - principal money is guaranteed, return also guaranteed, just how much the dividend will be only.
PRS - Principal not guaranteed, return also not guaranteed, can be no dividend, and make a lost if market situation is not favourable to the fund.
I would opt for UT instead of PRS.
PRS = UT that cannot be withdrawn until reaching pension age, apart from the tax relief (3K max), there is no incentive to invest into PRS at all.
While invest in UT (without PRS route), you have the flexibility to withdraw or selling it anytime, if one is seeing the market has peak.
Max out EPF first and then go for PRS. After maxing out PRS, I'd go for shares.
Quote
0.0237sec
0.45
7 queries
GZIP Disabled