sold at peak and buy back yesterday.

fundamental good after I see some charts. and based on previous correction. the movement isn't swing as much as I expected. but now still testing water. more to come.

I am rebuilding port.

so far, how is your fund performance ?

you can y\use this tool to see the performance of the fund and the period in question too.
https://www.fundsupermart.com.my/main/fundi...undReturns.svdo

It all come down to why you buy it in the first place. Are you satisfied with the return? Are you able to tolerate the downside?

A good fund must rise more than it drop.

For me before I buy PRS, it must fulfilled few criterias
1) return must be able to beat EPF and amanah saham rates consistently since both of them are considered low risk investment. No point I buy PRS if it's only giving me FD or EPF returns.
2) a volatility that I can stomach.

3) Tax relief of RM3k...

bought:

No point tax relief RM3k when it's giving FD only rate or (-) rate.

What? This means either your income is low or you are not working in Malaysia
With Rm3k relief, you can get RM720 rebate from 3k. Now tell me how much is RM720 ROI from 3k?

not everyone salary more than 100k

Yes But my point is, tax relief alone is a solid reason to buy PRS. If i merely want to chase ROI, would have just bought normal UT.

*Note, tax relief and good PRS ROI are not mutually exclusive... You can get tax relief + buying good ROI PRS such as CIMB PRS...

agreed tho.. the relief alone can be very interesting. 720 is 24% ROI already. but if fund not performing, if target 8% pa ROI can cover 3 yrs lol

This response is so Maybe your income level is not there yet.

Tax relief is the main attraction of this scheme, without it, it's nothing. Because it locks the money down till retirement age.

For me even I don't get that amount of tax I still buy PRS. Why? The RM3k I contribute into PRS is still mine vs giving tax to govt. I don't mind money being lock up.

This post has been edited by Ramjade: Jun 28 2018, 12:50 PM

Yes, but make sure to reinvest the tax relief for best benefit

Test case 1:

Amount invested = RM 3000
ROI = 8% per annum
capital gain after 3 years = 3000 x 1.08^3 = RM3779

Test case 2:
Amount invested = RM3000 + RM 720 tax relief
ROI = 6% per annum
capital gain after 3 years = 3720 x 1.06^3 = RM4430

Test case 3:
Amount invested = RM3000 + RM 720 tax relief
ROI = 4% per annum (FD rate)
capital gain after 3 years = 3720 x 1.04^3 = RM4184

I rest my case...

fuuhhh japunis fund. rich kiaaa

Actually there is a trick
1st purchase RM10k only, after bought you can immediately sell until minimum of 1000 units left (around RM 1000+ based on today NAV). You do not need to hold RM10k in the fund. Subsequent purchase needs to be minimum RM1k though.

minimum rm1k for topup... still manageable.
besides...i'm not exactly young..

I no 10k to buy because I already use the 10k buy am dynamic bond zz. Then only realized this jepun fund need 10k initial damnnnn it. after that me no money liao

oh and you way to early to enter kgf laa….

This post has been edited by [Ancient]-XinG-: Jun 28 2018, 02:48 PM

UT is one of good location to invest.

er.. it depends..
like all vehicles or investment vehicles, the "driver" is more important than the vehicle - if not suited for the vehicle or using vehicle unsuitable (eg. car to move earth, tractor to rally, etc.), also koyak