FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D
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 Feb 14 2017, 03:16 PM
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#1
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Senior Member
7,348 posts Joined: Aug 2015   
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hi sifus, i am very new to FSM, i want to know if there is any risk associated with buying funds via FSM? my intention was to buy PRS funds so that i can claim for income tax relief for year 2017 in year 2018. which fund would you recommend? thanks in advance.
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Feb 14 2017, 03:30 PM
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#2
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Senior Member
7,348 posts Joined: Aug 2015
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QUOTE(Ramjade @ Feb 14 2017, 03:26 PM) I am not sifu but these are some I can think of my head. im starting off with PRS first. any recommendation?(i) you panic you sell you incur a loss (ii) you get <=FD rate which means you didn't beat inflation Which fund? Normal UT or PRS?  |
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Feb 14 2017, 03:36 PM
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#3
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Senior Member
7,348 posts Joined: Aug 2015
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QUOTE(Ramjade @ Feb 14 2017, 03:33 PM) Only 3. Depend on what you want. thanks man. i'll look into these funds. any idea why registering with FSM requires EPF account number?Cimb PRS asia pacific (feeds into ponzi 2) Kenanga one PRS (feeds into kenanga growth fund) Amasia PRS REITS (feeds into Amasia Pacific reits) |
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Feb 20 2017, 03:22 PM
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#4
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Senior Member
7,348 posts Joined: Aug 2015
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QUOTE(Steven7 @ Feb 20 2017, 03:19 PM) May I know which Kenanga fund you are referring to? It must be good since you surprised they left it out. he should be referring to kenanga growth fund.BTW, what is the difference of investing in "normal" fund compared to PRS ? |
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Mar 2 2017, 09:34 AM
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#5
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Senior Member
7,348 posts Joined: Aug 2015
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can i ask once i sell a fund, the money will be deposited into FSM? or into my bank account?
This post has been edited by coolguy99: Mar 2 2017, 09:35 AM |
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Mar 2 2017, 09:51 AM
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#6
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Senior Member
7,348 posts Joined: Aug 2015
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QUOTE(vincabby @ Mar 2 2017, 09:38 AM) if not mistaken, you can choose to put it back in your CMF or cheque back into your bank account you registered with them. you mean when u are selling the fund there will be options for you to choose? |
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Mar 3 2017, 11:04 AM
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#7
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Senior Member
7,348 posts Joined: Aug 2015
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if i buy PRS, i don't necessary have to buy via bank agent right? I can make my purchase via FSM and still qualify for tax relief?
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Mar 9 2017, 09:09 AM
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#8
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Senior Member
7,348 posts Joined: Aug 2015
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So if I place in 3k into PRS. I can get 3k + an additional 1k tax relief if I am < 31 years old?
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Aug 30 2017, 10:56 AM
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#9
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Senior Member
7,348 posts Joined: Aug 2015
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Can I ask what income distribution means?
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Aug 31 2017, 10:07 AM
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#10
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Senior Member
7,348 posts Joined: Aug 2015
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Last year Singapore won gold medal in Olympics I don't remember any public holiday announced also
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Sep 26 2017, 10:05 AM
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#11
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Senior Member
7,348 posts Joined: Aug 2015
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AHSBF charges 0.05% platform fees per quarter right?
In our statement it will be reflected as something like this? Sell Transactions in the month Fund Name Payment Method No. of Units Transaction Type Price (RM) Transaction Date Transaction Status * Affin Hwang Select Bond Fund - MYR cheque 0.37 Transfer Out 0.6819 17 Aug 2017 complete |
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Oct 5 2017, 11:22 PM
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#12
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Senior Member
7,348 posts Joined: Aug 2015
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anybody knows when the next FSM promo will be held?
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Nov 20 2017, 08:51 PM
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#13
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Senior Member
7,348 posts Joined: Aug 2015
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for the polarbear excel, i did as per the instruction, but whenever i try to copy the row of funds in the investment details tab, the entire excel went haywire, the bolded rows just disappear, what did i do wrong there?
p/s: i did not copy the entire row, i just copied from column A-Q. |
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Dec 4 2017, 07:24 PM
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#14
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Senior Member
7,348 posts Joined: Aug 2015
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I think I will be topping up ponzi 2.0 and KGF in coming weeks and sell off IDS too.
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Jan 5 2018, 10:40 PM
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#15
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Senior Member
7,348 posts Joined: Aug 2015
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QUOTE(Ramjade @ Jan 5 2018, 10:24 PM) This is where I support FSM SG (I am never a fan of FSM SG) i thought u are a fan of poems lol  is definitely a better choice in the long run. |
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Jan 12 2018, 08:12 PM
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#16
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Senior Member
7,348 posts Joined: Aug 2015
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QUOTE(MUM @ Jan 11 2018, 01:01 PM) Read from another thread.....end april you will get i have gotten mine from the govt d. |
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Apr 9 2018, 08:18 PM
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#17
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Senior Member
7,348 posts Joined: Aug 2015
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QUOTE(nexona88 @ Apr 9 2018, 08:04 PM)  What US thinking.. Trade war with China.. Now this with Russia...  This post has been edited by coolguy99: Apr 9 2018, 08:18 PM |
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Apr 24 2018, 08:34 AM
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#18
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Senior Member
7,348 posts Joined: Aug 2015
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Portfolio still in green. Kinda surprised lol
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May 24 2018, 10:08 PM
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#19
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Senior Member
7,348 posts Joined: Aug 2015
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more red sea incoming tomorrow...
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Jun 7 2018, 07:27 PM
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#20
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Senior Member
7,348 posts Joined: Aug 2015
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Small cap stocks got pushed up quite heavily yesterday.
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