am too old for the youth incentive.. and already have a prs acc



thanks for the advices

too many uncertain with the us fed rate hike and the election outcome.. everything is possible, as i initially think brexit wont happen.

my newly started fsm portfolio is quite heavily focus in asia pasific zone.. was abit impulsive when newly start fsm.
ponzi 2 35%
rhb emerging market bond 15%
am asia reit 12%
ponzi 1 10%
titan 10%
kgf 10%
Ta global 8%

for malaysia focus.. i have quite substantial amount (haha just my own standard) of public mutual and their prs (yet to contribute this year), as well as asnb.
if as u predict, may face 10% drop..really need to pray the market will be more resilient.

if based on my portfolio which prs u guys suggest ya?

unknown to how much you had invested..(no need to tell..just make your own calculation)
Ponzi 2.0
KGF
AmAsia Reit

these 3 funds can use your PRS to invest...PRS feed into these mother funds...this would helps Free your cash for some other funds

This post has been edited by T231H: Oct 24 2016, 09:30 AM

No worries. What I mean is that I have 1 month emergency fund in my savings account. I'm planning to invest a small portion of my salary monthly, not my EF.

perfect. start from the bottom first as in purchase a fixed income fund first then learn the ropes while slowly inching to balance funds, small caps. gems, REITs and equity.

With RM 3 bil will be poured by GLICs into small & mid caps, should we buy ESISC?

Master doesn't think so as he has lost confidence in Malaysia. lookie up the page

leakages and consultation fees will consume 80% already...

80% goes into "his" pocket.

Not 75% of portfolio, but 75% of remaining cash I have left. Ponzi 2 about 22% of my portfolio.. affin quantum fund is about 40% of my portfolio. Also bought one lump sum

How abt remaining 38%? Mind sharing

holy shit. micheal. I just logged on my laptop. We have 9 mutual friends. LOL! Nice seeing a fellow FSM investor in kuching. =)

Also, is it worth it for me to contribute into PRS fund starting now? I'm currently in my mid-20s. I'm planning to put around RM50 - RM100 monthly into PRS to get the RM500 incentive in 1 year (or is it RM1k now?) and get tax relief.

This post has been edited by imnotabot: Oct 24 2016, 01:33 PM

If you don't have PRS, start next year. If you start this year, you will only get rm500. If you start next year, you get rm1k. Might as well Better make sure reach rm3k so can get max tax relief = less income tax.

This post has been edited by Ramjade: Oct 24 2016, 01:41 PM

and make sure to understand that those money you place in PRS cannot be withdrawn until the age of 55.

well you can withdraw from a sub account like epf

You have a good point. I will consider it but must build up the 'bullets' first for lump sum investment. I won't touch the current portfolio.

This post has been edited by Vanguard 2015: Oct 24 2016, 02:06 PM

Guess of the 3bil, maybe around 10% or 20% only actually goes to the markets.. Balance is for "fees & others costs"

Remaining 50-50 are in kenanga growth fund and eastspring small cap. All high risk equity haha.

This post has been edited by Michaelbyz23: Oct 24 2016, 02:32 PM

i already have CIMB-PRS through agent and just opened FSM

can FMS be used to input external data to update my portfolio?

Haha FB add me leh. Yeah, I've been investing with FSM since 2014 actually. Then on and off abit due to shifts in life. Are you from kuching too?

yeap from Kuching but I prefer to keep my /LYT handle anonymous. =)

I regret missing the kuching FSM event a few months back. Damn appointments are full and i couldnt apply leave in time.