Dec 10 2012, 11:19 PM
QUOTE(cybermaster98 @ Dec 10 2012, 05:31 PM)
The bigger picture would be RM3,000 (min) per annum x say 10 years which adds up to min 30K. Imagine if losses are big and ppl just rush into that just to get a RM 780 per annum 'discount' on tax. We're not just talking about not making a profit or cutting even, but actually losing.
Im not kiasi and neither am i against investments. I have heavy investments in properties, gold and also unit trusts. All im saying is that ppl (especially those who dont have much to spare) shouldnt blindly rush into PRS schemes without considering the risks.
If you are already into unit trust why so worried about PRS. Same as unit trust except Account 1 & Account 2 policy only. In fact currently for Hwang & Public Mutual , their PRS are feeder funds to their existing Unit Trusts Funds. Don't know about CIMB or Manulife. Further more you can switch PRS funds if the one you select today is none performing.Im not kiasi and neither am i against investments. I have heavy investments in properties, gold and also unit trusts. All im saying is that ppl (especially those who dont have much to spare) shouldnt blindly rush into PRS schemes without considering the risks.
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