That's why you need to see how UT works. PRS is basically UT for retirement. If you don't want to do PRS, don't. People do it for the income tax (who wants to pay more tax right?) and those people who knows what they are doing earn (decrease tax payment + get more than what EPF give)

Keep in FD = watch your money gets eaten alive bit by bit.    FD CANNOT OUTRUN inflation. Don't believe what you read about official inflation rate. Judge for yourself, your regular nasi lemak, veges at pasar, etc. You get the rough idea how much it is.

well, the conventional financial economics is that, in the long run, the market (stock market) will go up. so short term fluctuations, are bound to be there.

yes, there's a risk to investment, and there's a downside. and since you are giving your money to be managed by professionals, you are relying on the expertise of the professionals rather than your own.

The reason why government is promoting is because to encourage investing from earlier on to build enough savings at retirement since based on findings by EPF, we don't have enough retirement savings.

in another point of view, by putting in FD, you lose to inflation. so end result is, you lose.

by investing, you may beat inflation and accumulate more wealth, and you may win. at least end result is not a certain lost. does that make sense?

PS: so, ya, by the time i retire i believe PRS should outpace FD by alot.

That's why I said just pick one. I only have one which is CIMB-Principal PRS Plus Asia Pacific Ex-Japan Equity - Class C. Planned to topup when it hits my ori buying price. If I am not mistaken 0.91+ I am not logged in so can't really confirm. What I know is another 10% drop should reach my buying price already.

then die lor I guess.....

but some  would say.....if it dropped before reaching 55 yrs old....then keep it for a few more years....most equities funds would bounce back after any falls....

if really needed money at 55 yrs old...can get from EPF....

before the drop,...you can move the PRS fund to conservative PRS fund.....
in conservative PRS fund....mostly invested in bond funds....thus less volatile....

but if it already dropped before you reached 55 yrs......then it is too late to move.....

on yr 2nd question....
Warren Buffett Explains Why Over Time Stocks Go Up
https://www.forbes.com/sites/bryanrich/2016...e-stocks-go-up/

https://www.google.com/search?q=why+does+th...iw=1920&bih=963

1 thing to take note is. must choose the correct stock also ma only will go up. 

but for fund context, its a basket of stock.
so.. it will follow market trends for the specific type of stocks the fund contains

I have input as below:
User ID PPA<NRIC>
Telephone number

And when I click submit, it appear this "You have not yet register your email address. Please contact 1300-131-772 for assistance. (1005)".

How do I register my email address?

October 2018 - got the bonus on 10th December.

i invested end of September but yet to receive the incentive

If not for the free RM 1000 and tax reduction, I won't go into this unit trust. Now it is making lost instead of gain. Is this still called retirement scheme or burn money scheme?

Just buy until 2021. After 2021, no more tax relief,  no need to buy anymore. Problem settle.

Keep. No need to sell. You sell you kena penalty of 8%. Overtime,  it will be worth something. Of course along the way if something better come,  can transfer to that say stashaway if they become a PRS provider.