mind sharing your new port? maybe we can advise you? would that be okay?

fense

i see that you over lap your funds. please have a look at your optimized port.

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you buy way too many funds in Malaysia. streamline it to KGF and ES small cap.

GTF covers Europe, US and Japan. you can choose to get it or it's Manulife US and TA European

Either Ponzi 1.0 or Ponzi 2.0 and combined one with AmAsia REIT as it covers Asia ex Japan

also your entire port is very hot. I hope you know that with commodities and Japan hedge along with the rest of the EQ funds it will be on heck of a ride during a storm. just letting you know

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?

Er... what gives you guarantee 20% return in this world?

Even if this money is stuck for 20years, it's not like this money won't grow at all, maybe it will not be much, I doubt it will be that bad that 20years later it is negative growth. If 3-4% a year, equivalent to fixed deposit, alot of ppl are happy.

Also... the money you save, can be use to make more money. If not, at least still can dump into housing loan, reduce some interest right?

You are guaranteed to get the tax relief of 2X%. A ringgit saved IS a ringgit earned!! Plus the 0% SC is another 0.5% - 2% guaranteed.

True, that instant tax relief money could be put to good use..
But i think ppl should give this a thought and think about the long term vs short term benefit of this..
Imean this is fsm thread right? Im assuming most ppl here are actively managing their money and could get a better yield of >1%pa than prs fund right?
And that is assuming that your tax bracket is near the higher tier... If lower tier then its more at disadvantage

hm.. i think U are assuming all PRS funds returns <=1%pa?
heheh. please do check first - not all PRS funds as as "good"

as for short vs long term, er.. dont U think think equities will "grow in price" in the long term due to inflation, economic growth, etc?
isn't that long term thinking?

also - the tax relief, be it <=15% or >=24.5%, isn't that also long term thinking? every year, "make" that % and use the cold hard cash for FD, stocks, mortgage extra paydown, etc.?

in addition - those below 30s, with the Gov extra incentive.. still not worthwhile?

hm.. U running your own biz returning way more than the combined above in %pa terms?
if so, good BUT the above is passive or non-active income/assets.
if one wishes to compare active income - IMHO, better to use things like trading in options, forex, futures, margin stocks & flipping properties.

no absolute right/wrong, just perspectives 
On the aspect of "amortised down" over 20-30 years, i've done similar Excel sims on SSPN (lagi worse, FD rate++ pa only but with tax relief). If every year we get the tax relief for new $ injected, even if SSPN fell from $6K to $3K next year onwards, it will still be worth my time to do SSPN for the next 15 years due to the total IRR pa% (Excel's XIRR). Note - i was already on SSPN since 2008, not "virgin" - lagi worse (longer time frame ma).

Thus, similar calculations/logic will be for PRS and the additional bonus is if one does equity PRS, equities generally rise in the long run due to inflation, economic growth, population (sheeples?) growth, etc.

Maybe I did not make my sentence clearer...
What i meant was the initial tax relief you got when amortised (new word to me) over a long period of time, the advantage is probably not going to worth it for all the hassle of PRS..
E.g. you get 20% tax rebate from the PRS, and you still have 20 years before you can withdraw this money. This works out to roughly 1% p.a. which means  whatever your PRS return was that year, you add 1% return to it.
So this versus you put this money into FSM or whatever and actively manage it whereby you are free to choose between hundreds of UT products and you are free to withdraw all during a freefall..

Hope you get the gist of what I am trying to say, I aint well-versed in economic terms.. I am not disputing the power of compound interest or UT in general

My point is there are pros and cons and probably more cons than what ppl thought.
E.g. If we have a retiree-gonna-be, then this PRS income tax relief is a no brainer, since he is going to get his money back within a few years

Sorry off topic abit. Not sure if this is the right platform to ask.

I've open a PRS account with my friend cum AIA insurance agent two years back to get the RM500 incentive.
Is it possible to transfer from AIA to another service provider OR preferably FSM?

IRR produces a much smaller figure, particularly when you to DCA or VCA. FSM does not want you to get discouraged. LOL.

Anyway it will be also go haywire when you sell.

extend the rows to accommodated the number of funds required in your portfolio?
unless the number of funds in your portfolio exceeded the number of rows in the excel programs....
I think is > 10 000 rows

Not so straight forward lar. Most of the time we make guesses only, sometimes with a little luck. Not everything is predictable

There is a saying which goes It’s time in the market that builds returns, not timing the market.
Not sure how true is that these days.

affin hwang prs growth and moderate (non-syariah).

JJ Poor to Rich. Google it, 1 month 20% return yo.

I always meet Hui Ching lol