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 Private Retirement Fund, What the hell is that??

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guanteik
post Mar 28 2013, 08:07 PM

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Is PRS from Public Mutual has MQGP calculation? Anyone?
guanteik
post Nov 27 2015, 08:34 AM

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QUOTE(nashburn @ Nov 26 2015, 11:46 AM)
1. Tax relief
2. RM500 incentive if you're below 30
3. Potential higher return than EPF
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3. Potential higher return than EPF <-- This is fake. I'm still losing $$ in the PRS as I invest with Public Mutual.
guanteik
post Nov 27 2015, 02:12 PM

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QUOTE(nashburn @ Nov 27 2015, 12:17 PM)
First rule, its a long term investment. You need at least 3-5 years to see the profit.
Second, you can switch fund to other provider if you're not satisfy with the result (but make sure you do rule no 1 first)
Third, do a little research bro, don't fall for marketing strategy of a certain company. Sales person can say many things but Bloomberg chart cannot lie  biggrin.gif
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Thanks for the advises bro.

In fact, I have been in the stock and unit trust market for more than 15 years unfortunately never imagined that PM will be that disappointing. Yes, I have transferred out the PRS from PM to CIMB PRS, which earns more than 10% a year.
guanteik
post Nov 27 2015, 11:19 PM

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QUOTE(wkyrichie @ Nov 27 2015, 08:43 PM)
Wow cimb prs can give such high returns?
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I bought the PRS Moderate Plus. You should also try EX Japan too, which I am eyeing. Anyways, these are paper returns, you won't get to spend it.
guanteik
post Dec 18 2015, 03:36 PM

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Have anyone does switching? If yes, how long does that take?
guanteik
post Dec 18 2015, 03:38 PM

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QUOTE(Average-Joe @ Dec 18 2015, 03:23 PM)
CIMB accepts credit card payment for PRS
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How do you do that/
guanteik
post Jan 19 2016, 09:07 AM

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Has another one transferred their funds from other provider to CIMB before? How long does it takes before the funds appearing in the CIMBCLICKS?

My other provider has transacted the funds on the 6-Jan but until now, I don't see my funds appear in the CIMBCLICKS.
guanteik
post Jan 31 2016, 07:37 PM

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QUOTE(Kaka23 @ Jan 31 2016, 07:32 PM)
Bro.. already appear in CLICKS?
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Yup, after giving a call to their CS smile.gif

 

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