for the Rm500/RM1000 gov allocation.. 

No no. What I meant is for those long term people with bond allocation since you said platform fees is for short term people. So what about those long term people holding some bond funds. What choice do they have? Takkan want to switch all to equities meh? 
Correction. Plus for RM3k tax relief. You want to pay less income tax, then buy PRS.

If more than MYR 5K... eUt lor.

ok, noted.
Still trying to be witty and smart... already said non-working students (which means without income) - tax relief... so smart la.

Oh, now posting and asking on behalf of other investors with long term, is it? You can answer your own question or go on trolling at your own time.

smell of sarcasm is strong in this thread now.

actually, my parents got to know this gov allocation that gives an incentive for youth..
that's why I got into it the first place..

my 20 birthday was in June 2015..
invested in Febuary..

Got to know that I must pass my birthday itself to be eligible and not the year when you turn 20..   
so i have 2k in prs   

When I earn some money from the real world, then I will use PRS to reduce my Tax 

Chill la. I express my views. Those who listen and think the 0.2% is significant (like me) need to do planning.
Those who are happy to pay the 0.2%, just continue paying lo.
You only have unitl 2021. After that should the gov decide not to extend the benefits, no point pumping into PRS already. 

actually, my parents got to know this gov allocation that gives an incentive for youth..
that's why I got into it the first place..

my 20 birthday was in June 2015..
invested in Febuary..

Got to know that I must pass my birthday itself to be eligible and not the year when you turn 20..   
so i have 2k in prs   

When I earn some money from the real world, then I will use PRS to reduce my Tax 

Chill la. I express my views. Those who listen and think the 0.2% is significant (like me) need to do planning.
Those who are happy to pay the 0.2%, just continue paying lo.
You only have unitl 2021. After that should the gov decide not to extend the benefits, no point pumping into PRS already. 

How to be eligible to get the RM 1000 incentive? Can use FSM purchase the PRS fund? PRS fund can buy even I'm still a student (not working)? Then how they know I purchased already?

u mean the tax relieve? till 2021 only? 

How to be eligible to get the RM 1000 incentive? Can use FSM purchase the PRS fund? PRS fund can buy even I'm still a student (not working)? Then how they know I purchased already?

YES! PRS

U are lucky Gov increased the allocation. I got only Rm500..

I am a student too! PAMA scholarship now..
What I did was buy from FSM,
1 PRS Fund for RM1000, can't RM 500 for 2 PRS fund..

After it got through, I chat with FSM online, they help me apply to my fundhouse..
Then happily wait for your Free 100% ROI investment.. 

Actually ive always seen ppl advise to buy prs for the tax relief . Is it worth it to get your money locked up for so long? Sure u might get an instant 2x % return, but if u can only withdraw it in 20++ years, that means u are only getting a ~1% return p.a.
Is it worth it with only limited fund choice?
Does this makes sense?

Omg thank you

So now I straight away buy RM1000any PRS fund then ask FSM to help can already? No need PPA account or PRS account whatsoever right? 

Omg thank you

So now I straight away buy RM1000any PRS fund then ask FSM to help can already? No need PPA account or PRS account whatsoever right? 

well, PRS is a normal fund.. which can grow..
My PRS, almost 2 years with a growth of 20% 

I think if u are also going to invest in a fund, why not get the tax relieve and 0% SC at the same time..

But the choice of funds still still limited, well.... 

There's good fund like Cimb Asia Pacific PRS which feeds directly into Ponzi 2

actually, my parents got to know this gov allocation that gives an incentive for youth..
that's why I got into it the first place..

my 20 birthday was in June 2015..
invested in Febuary..

Got to know that I must pass my birthday itself to be eligible and not the year when you turn 20..   
so i have 2k in prs   

When I earn some money from the real world, then I will use PRS to reduce my Tax 

Actually you need to apply all that from FSM 
There's good fund like Cimb Asia Pacific PRS which feeds directly into Ponzi 2

  yeah.. that's what I did..

You guys mean this ?
CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity

yup, they are entertaining kopitiam posts. 

Keep on defending... no travel cost involved lar, since going to Sing anyway.  That's what folks used to say: "Did not fall down, just bending down to pick some sand.

It is a 0.05% per quarter fee and it is calculated daily. Can earn back in 2-3 days as a bond fund could easily have a daily increment of 0.02%.

Also the platform fee was implemented as they took away the service charge of about 1%... it was a cost reduction, and it is appropriate for those investors with very, very short term objectives.

============

Kiasu mentality

Kiasu literally means 'scared to lose'. But it actually means scared to lose to another party.

A kiasu person will have difficulties in forming partnerships or joint-ventures unless he has the lion share, as he is more concerned about the benefits the other party would gained rather than the benefits he could gained in the business partnership or in any other business transactions.

He is more worried of being taken advantage of by the other party even though the business transaction is beneficial to both parties.

The kiasu person would rather bypass the net benefits he would get and not let the other party gain anything if he perceives that the other party is gaining it at his expense.