Outline ·
[ Standard ] ·
Linear+
Private Retirement Fund, What the hell is that??
|
ckdenion
|
 Jun 15 2017, 05:51 PM
|
|
QUOTE(alifhezrey93 @ Jun 15 2017, 12:30 PM) hi guys, want to ask, I plan to join PRS thru public mutual, every month must transfer money to PRS or can skip this month put RM100, next month RM50 or 0? not necessaryyou can do a one off (just open an account with minimum of RM1k) and leave it there also can. after that it is your choice to put in when you want to. there is no fix commitment to it. but if you will like to secure retirement fund (something extra from EPF), you can choose to also auto debit into that PRS account every month. |
|
|
|
|
|
ckdenion
|
Jun 15 2017, 06:07 PM
|
|
|
QUOTE(T231H @ Jun 15 2017, 12:42 PM)  how much is the sales charges of this Public Mutual PRS fund? 3.18% (incl. 6% GST). this is what I got from my UT agent. |
|
|
|
|
|
ckdenion
|
Dec 19 2018, 09:43 AM
|
|
|
QUOTE(MUM @ Dec 19 2018, 09:01 AM) » Click to show Spoiler - click again to hide... « No right or wrong here  ......just wondering how are you gonna do that when.... ...... 1) you mentioned that you are lazy to go through all the PRS funds because according to you it is just too many of them, 2) you mentioned that you won't blindly follow one (i assume the 'one" are the recommendations that you seek to have from forummers) 3) you seek the recommendation from forummers when you mentioned it would maybe be a futile recommendation for you won't blindly follow them too......(just how to not blindly follow when one is too lazy to check it out?) 4) what is your criteria for being a "good' prs fund? maybe he just meant that he want a few recommendations and from that recommendations he will again filter himself the funds recommended instead of looking for the funds by himself.  |
|
|
|
|
|
ckdenion
|
Jan 4 2019, 04:18 PM
|
|
|
QUOTE(yokoloco @ Jan 2 2019, 03:30 PM) is it better to topup every month or should i lump sum every month? example : if i want to contribute rm100/month, better to put rm100 every month or rm1.2k/year? if you are confident with the low price that you are going to enter, you can put in lump sum. else just contribute consistently every month. or you can contribute consistently while standby a lump sum cash and enter when the price is low. up to the strategy that you can deal with. |
|
|
|
|
Quote
0.1303sec
0.22
7 queries
GZIP Disabled