hoping those with experience in PRS to help me out.

1. PRS sales charges at FSM is always 0% and not just because of the November promotion

2. contribute at least rm 1000 within calendar year to get the rm 500 youth incentive provided I satisfy the other eligibility requirement listed in p p a . m y

3. do I get up to rm 3000 tax relief every year even though I just contributed rm1000 once this year? or do I have to contribute certain amount each year to get the up to rm 3000?

4. is there a deadline to invest in PRS by, in order to qualify for the rm 3000 tax relief for this year?

sorry guys been reading through this thread,

my objective is just to get some tax saving so in short i just register at FSP and purchase one of the PRS fund worth RM3k

then retain all receipts and claim in next year filing right ?

i think there are about 7 or 6 more years for the tax incentive right ?
then i might put in 3k yearly and if the return is good enough then i might just continue contributing..for now let me enjoy some tax saving for few hundreds first 

btw my understanding in my earlier post is correct ? 

Cpu still can use..  So only monitor. Will try to check my monitor again over the weekend see still got hope or not..

That's why I rarely top up when things are rosy, I always top up when things are gloomy

Unless, annual bonus one large chunk moolah come in, no choice but to top up whether rain or shine

Me 2 

The average rate return of Ponzi 2.0 over a three year period is 16.97% p.a.

the fund YTD is 7.26%.

The standard-deviation is 8.24%

This means that as of now; the fund YTD rate of return is below one standard deviation. This means that with 95% confidence, there is more than 67% probability that the fund will move towards the average point.

If you are a gambler, would you money down on such chance?

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satu tahun = 17%, no bad right?     

titan is > 20%

small cap > 30%     

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U know now why I lazy layan him?

It's like, 15 years old lesen pun belum ada, nak tanya what car is best to buy
By the time dapat lesen, new models already come out

Lock up mana? Geneva Gold? Pegasus bullion? 

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Amanah Saham TAK Gemilang LOL

Drop bcoz of split or distribution? 

your current ASG investment status u are unsure?
yet u are more concern on FSM that not even u have account yet

Boss, action better than talk. Let's start off from diversify your investment now, just register and put some additional cash to invest in some of the best performing fund available.

Market is fluctuate, who knows by the time u hentam this FSM its repeat your nightmare and by the time u leave ASG its bull run.

No need to hentam in one go, just start from bit by bit .. small chunk got little profit also. Time and tide wait for no man

  btw nav for asnb funds always RM 1.000 isn't it ? what investor need concern is the distribution and bonus by every 1st Jan.

If ASG is a indication of the actual performance of ASM, ASW etc, you still want to think ASM and the likes are FD on steroids?!!!

 

But I'm supposed to stop myself from commenting anymore about this matter

The point I'm trying to make, which you keep missing, is relevant to this thread

Based on ASG Oct 2015 factsheet, the 1 year return is -5.58%; 3 years annualised return is 2.42%

Contrast this with what you can buy on FSM
Kenanga growth fund
1year - 7.81%
3 years annualised - 19.0%

Eastspring Small-cap
1year - 7.14%
3 years annualised - 33.7%

How does this contrast with the dividends paid out by the fixed price funds?
As1M - 6.4%
ASW - 6.4%

So... tell me again, what is making ASx more attractive than to invest on other equity funds? The only thing I can think of is, the 'perceived no loss' situation... which I don't want to go into yet another time

anyway, cut loss is what I would advise anyone in your situation to do instead of holding on for another 3 years to earn the measly 2.42% and lose out of the 33.7% you could have made

As to your question on why no good still sold out?
Simple - People's aversion to losses and not realise that although on the face it's not losing money, you are losing money is so many ways... Do we have to be those people? 

Ramjade aka ASx fanboy...
If you say put RM 5,000.00 into it; and withdraw it less than one year before they declare dividend, will you still get the pro-rated dividend?

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Eh... like this can use ASx as a hedging mechanism.

When market SH1T, masuk ASx...

When market H4WT, masuk FSM.

Fuyoh.... like having a wife and still get to be a Playaz!

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Like this ar.... need to depend on luck some more wan ar?



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