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 Private Retirement Fund, What the hell is that??

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sms2u
post Dec 30 2014, 10:01 AM

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Any body know if purhcase ut in public mutual website, need jhow long for the floast transaction processed?
sms2u
post Jun 26 2015, 10:47 AM

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QUOTE(wil-i-am @ Jun 23 2015, 11:22 AM)
He/she just want to capitalize on opportunity cost
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Purchase PRS unit trust on dec is just 1 way to capitalize the cost.

But, he.she must ensure use the RM3000 to gain more.
Example, if he/she put the RM3000 in a normal CASA which did not earn much interestm no able to capitalize the cost

Other to consider purchase PRS unit trust when price is lower.
sms2u
post Jun 26 2015, 11:31 AM

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QUOTE(xuzen @ Jun 26 2015, 11:28 AM)
For PRS no need to nit-picking / split hair / time the market / or do asset allocation lar...

Just put a standing instruction to your bank to auto-debit RM 250.00/mth into PRS and tutup mata. (RM 250.00 x 12 = RM 3,000.00)

The tax savings already win all liao.

Xuzen
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Cannot tutup mata, if CASA money, it will unable to top up PRS, need to check to ensure lar
sms2u
post Jun 26 2015, 02:53 PM

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QUOTE(xuzen @ Jun 26 2015, 02:41 PM)
If RM 250.00 also don't have in your CASA... you really pok-kai fellar!

Go back to Money Management Basic 101 before proceeding to Investing Basic 101!

Xuzen
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Why must put money in CASA which did not give much interest / return?

U cannot advise other lar, You really better and must go to study Money Management Basic 001.


 

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