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 Private Retirement Fund, What the hell is that??

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WinterDays
post Oct 30 2018, 03:46 PM

On my way
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worth to invest 1 time 1k just for the youth incentive? not for tax relief
WinterDays
post Nov 26 2018, 09:54 AM

On my way
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Junior Member
531 posts

Joined: Mar 2015
QUOTE(ryan95 @ Nov 26 2018, 01:24 AM)
As a fresh grad who doesn't have to pay tax yet, should I invest RM 1000 to get the youth match?

I want this to be a long-term investment and can stomach moderate risk. Thing is, I don't have much capital but I felt that the free RM 1000 made it more worthy than other investments.

Based on recent posts, this seems like a bad idea, any thoughts?
*
same as my situation, i just dump in 1k to get the youth incentive :/
WinterDays
post Dec 5 2018, 01:04 AM

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removed

This post has been edited by WinterDays: Dec 6 2018, 01:04 AM
WinterDays
post Dec 9 2018, 08:41 PM

On my way
****
Junior Member
531 posts

Joined: Mar 2015
QUOTE(MUM @ Dec 9 2018, 05:33 PM)
if the budget is still available,
if your age has not reached 31
if the time taken to get the PPA a/c number and buying the PRS fund can be b4 31 Dec.
if the PRS fund purchased is >RM1000

i think should be OK
*
I bought PRS last month, but didn't get my PPA a/c number..

how to get it?

 

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