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Investment Versa

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ronnie
post Oct 24 2023, 03:59 PM

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QUOTE(virtualgay @ Oct 24 2023, 03:55 PM)
RM50 good enough la
btw which fund you choose?
*
minimum topup = RM100 in the app.

I like risky investments = AHAM GROWTH PRS

This post has been edited by ronnie: Oct 24 2023, 04:00 PM
virtualgay
post Oct 24 2023, 04:00 PM

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QUOTE(ronnie @ Oct 24 2023, 03:59 PM)
minimum topup = RM100 in the app.

I like risky investments
*
maybe when account is open the minimum is no longer applicable or reduce to RM10?
virtualgay
post Oct 24 2023, 04:02 PM

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this year i target the following investment for tax relief
1. PRS = 3k tax relief
2. SSPN = 8k tax relief
3. EPF = 4k tax relief
4. EPF Self Contribution = 3k tax relief

never target PRS last year because of the troublesome process, this year damn happy with Versa!!
virtualgay
post Oct 24 2023, 04:05 PM

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QUOTE(ronnie @ Oct 24 2023, 03:59 PM)
minimum topup = RM100 in the app.

I like risky investments = AHAM GROWTH PRS
*
uncle old jor 5 more years to go so better not risk it even is just only 3k
when i am 55, i am not sure i still going to spend time in this forum or not
mmh....
gooroojee
post Oct 24 2023, 04:08 PM

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PRS funds can't touch until retirement right? That's a long time...
cybpsych
post Oct 24 2023, 04:08 PM

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QUOTE(virtualgay @ Oct 24 2023, 04:02 PM)
this year i target the following investment for tax relief
1. PRS = 3k tax relief
2. SSPN = 8k tax relief
3. EPF = 4k tax relief
4. EPF Self Contribution = 3k tax relief

never target PRS last year because of the troublesome process, this year damn happy with Versa!!
*
agree with you

was lazy to open prs, or lazy to understand how PRS works hahaha

This post has been edited by cybpsych: Oct 24 2023, 04:08 PM
virtualgay
post Oct 24 2023, 04:23 PM

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QUOTE(gooroojee @ Oct 24 2023, 04:08 PM)
PRS funds can't touch until retirement right? That's a long time...
*
me 5 years!!
you should be happy you are still young
finally my account verified just masuk another RM2050 into PRS

user posted image

This post has been edited by virtualgay: Oct 24 2023, 04:24 PM
SUSxander2k8
post Oct 24 2023, 05:11 PM

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QUOTE(virtualgay @ Oct 24 2023, 03:13 PM)
https://versa.com.my/private-retirement-sch...ect-3x-rewards/

6% p.a. Cash Booster with Versa Cash when You Invest in PRS
Alongside your PRS investment of RM3,000, enjoy guaranteed 6% p.a. Versa Cash cash booster promotion! 📈💰
*On your first RM10,000 balance in Versa Cash for the next three months. Limited to the first 5,000 users.

🚀 Invest in Versa PRS Today and Earn RM50
When you invest a minimum of RM3,000 in Versa PRS, you will receive your RM50 Versa Cash Bonus!

-------------

just make sure your Versa Cash (did not say "i") have RM10k to earn 6%
make sure you masuk RM3k into PRS, so far i masuk RM1k, should have masuk RM100 to let it verify for 5 days
then after 5 days then masuk RM2.9k
i think they need 5 days to setup your account for you kinda stupid!
*
5 days is standard 🤦‍♀️ 2business days to verify the account while another 3 days to invest into the fund 🤦‍♀️
virtualgay
post Oct 24 2023, 05:22 PM

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https://aham.com.my/invest-with-us/list-of-...tails?q=PRSGHCF
really can invest in PRS Growth - buy low when you retire it will go up smile.gif

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storky20
post Oct 24 2023, 05:23 PM

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QUOTE(ronnie @ Oct 24 2023, 03:46 PM)
dont want a reason to kena audit for something so tiny
*
Fair enough thumbsup.gif

Have been contributing and claiming RM3k based on the PRS receipt for like... 4-5 years.
So far no issues.
Maybe I'm still making peanuts in the eyes of LHDN haha.
virtualgay
post Oct 24 2023, 05:27 PM

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QUOTE(storky20 @ Oct 24 2023, 05:23 PM)
Fair enough  thumbsup.gif

Have been contributing and claiming RM3k based on the PRS receipt for like... 4-5 years.
So far no issues.
Maybe I'm still making peanuts in the eyes of LHDN haha.
*
i envy you...
too bad there is no such thing as VERSA else i gonna max my tax relief
SSPN, EPF, EPF Self Contribution and PRS.. anything else i miss out?
Ramjade
post Oct 24 2023, 05:30 PM

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QUOTE(virtualgay @ Oct 24 2023, 05:27 PM)
i envy you...
too bad there is no such thing as VERSA else i gonna max my tax relief
SSPN, EPF, EPF Self Contribution and PRS.. anything else i miss out?
*
Got. Call FSM. Medical insurance, life insurance.
storky20
post Oct 24 2023, 05:32 PM

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QUOTE(virtualgay @ Oct 24 2023, 05:22 PM)
https://aham.com.my/invest-with-us/list-of-...tails?q=PRSGHCF
really can invest in PRS Growth - buy low when you retire it will go up smile.gif

user posted image
*
https://pictr.com/image/EcrcJZ

PRS Moderate also not bad, last 3 years they managed well.
Annualized 5/10 years still better than Growth whistling.gif
dreamfasten
post Oct 24 2023, 09:54 PM

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QUOTE(virtualgay @ Oct 24 2023, 04:02 PM)
this year i target the following investment for tax relief
1. PRS = 3k tax relief
2. SSPN = 8k tax relief
3. EPF = 4k tax relief
4. EPF Self Contribution = 3k tax relief

never target PRS last year because of the troublesome process, this year damn happy with Versa!!
*
The EPF self contribution 3k tax relief is it smth new?
I dont recall we have this from the past
ronnie
post Oct 24 2023, 10:18 PM

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QUOTE(virtualgay @ Oct 24 2023, 04:02 PM)
never target PRS last year because of the troublesome process, this year damn happy with Versa!!
same same .... never want to apply due to "lazy" to fill up forms..which is so old-school

ronnie
post Oct 24 2023, 10:28 PM

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QUOTE(xander2k8 @ Oct 24 2023, 05:11 PM)
5 days is standard 🤦‍♀️ 2business days to verify the account while another 3 days to invest into the fund 🤦‍♀️
*
My account no. for Versa PRS available but still not shown in AHAM i-Access
virtualgay
post Oct 24 2023, 10:41 PM

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QUOTE(dreamfasten @ Oct 24 2023, 09:54 PM)
The EPF self contribution 3k tax relief is it smth new?
I dont recall we have this from the past
*
https://www.kwsp.gov.my/en/web/guest/w/budg...-infrastructure
!@#$%^
post Oct 25 2023, 06:12 AM

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QUOTE(ronnie @ Oct 24 2023, 10:18 PM)
same same .... never want to apply due to "lazy" to fill up forms..which is so old-school
*
already a few years some fund house go paperless if apply via fsm

https://www.fsmone.com.my/funds/research/ar...-details/279666
virtualgay
post Oct 25 2023, 11:17 AM

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QUOTE(!@#$%^ @ Oct 25 2023, 06:12 AM)
already a few years some fund house go paperless if apply via fsm

https://www.fsmone.com.my/funds/research/ar...-details/279666
*
i feel stupid... this year at least get some tax relief lo via Versa!

ronnie
post Oct 26 2023, 10:31 AM

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My PPA PRS account has been created within 2 working days (created under Versa PRS)
Today my first RM3000 Cash-In is completed

This post has been edited by ronnie: Oct 26 2023, 10:37 AM

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