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 AS1M, ASM, ASW, ASB V2, PNB fund

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cybermaster98
post Sep 7 2010, 09:33 AM

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QUOTE(Hansel @ Sep 6 2010, 09:13 PM)
No, Cybermaster,... one reason why some poeple can't save is not because of discipline, it's just they don;t have any money left to be saved. Sadly, there are really such people around.

Hence, for this group of people, the loan will help them to "save some money for the rainy days".

To save via FD, one must use money that comes out from own pocket.

To save using the above method, one uses other peoples' money.

Both ways will get you the 3.5% provided it is not hit by the BLR.
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Well i always believe that no matter how much u earn there will always be room for savings. We should always live within our means but sadly some dont. If u can afford to pay a loan then u can also afford to save. Most ppl take ASB loans and then earn some residue interest on it but waste money in so many other ways.
cybermaster98
post Oct 18 2010, 01:44 PM

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Good to see the Government is planning to use all this Amanah Saham money to fund the 100 storey tower under the recent Budget announcement.
cybermaster98
post Nov 2 2010, 11:07 AM

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QUOTE(MilesAndMore @ Oct 22 2010, 12:47 AM)
The final cost won't be just RM5 Billion. Just look at the new Istana Negara in Jalan Duta  biggrin.gif
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I recently attended a high profile forum with some renowned figures in the corporate world including some top guns from PNB. The 5 billion price tag was just a ball park figure. No study was properly done. No preliminary design or evaluation of costs. It was merely something pulled out at the last minute to spice up the budget. So the final price can (and will) balloon considerably when you take into account inflation and other 'handouts'. Be prepared for a RM 8 billion final price tag at the very least.
cybermaster98
post Nov 2 2010, 12:54 PM

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QUOTE(Hansel @ Nov 2 2010, 12:46 PM)
Guys, you need to be part of the gang before you can get the 'big handouts', ie not everybody can be the main cons and the sub-cons in the above projects. ..there is no free lunch for people like you and me.

Political parties are involved, funds are transferred. Look at the overseas forums and their comments on our mega projects and the political parties - really scary.
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mind giving me some links to these forums?
cybermaster98
post Nov 18 2010, 04:43 PM

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Can anybody predict how ASB will perform this year? Any projected figures for the dividend?
cybermaster98
post Dec 2 2010, 04:16 PM

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QUOTE(MilesAndMore @ Nov 26 2010, 11:29 PM)
No. You will not get the dividend before Christmas. Instead, you'll only know the dividend for this year and only have access to the dividend + bonus on 3/1/2011. I am saying 3/1/2011 and not 2/1/2011 because 2/1/2011 falls on Sunday.
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I thought announcements on ASB dividends are made in January and we're only able to access it about 1 week after that?
cybermaster98
post Dec 5 2010, 07:03 PM

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QUOTE(cheahcw2003 @ Dec 2 2010, 06:02 PM)
usually annouced in mid December and paid out in 1st week of Jan
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This time PNB could declare a much better dividend for the ASB just to make the Bumiputera's happy and make them vote for BN in the coming elections.
cybermaster98
post Dec 6 2010, 04:23 PM

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QUOTE(jeff_v2 @ Dec 6 2010, 03:29 PM)
hopefully so  rclxms.gif
im targeting atleast 9%
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Yes it will be good if we can get that. I envy those who got the 14% dividend a few years ago.
cybermaster98
post Dec 8 2010, 10:51 AM

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QUOTE(smartinvestor01 @ Dec 7 2010, 12:32 AM)
Yape, nothing for the chinese to be happy, i was having a few thousands, and just in order to invest in ASN fixed price funds, i have to try to deposit most of the time..

Most of the time is sold out, but i can only try my luck for most of the time..

Really envy for those ASB holders who can deposit anytime they want..
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Actually there are many Chinese n Indians who are also 'investors' in ASB. The ASB allows investors of Siamese and Portuguese decent to also invest. Many of those form this group are actually Chinese and a smaller number of Indians too.
cybermaster98
post Dec 9 2010, 03:57 PM

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QUOTE(smartinvestor01 @ Dec 9 2010, 03:49 PM)
The NAV is fixed at RM1..

However as for the reason for ASB has better returns, i have no comment about it.. And i am wondering about it too.
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because ASB is for Bumi only
cybermaster98
post Dec 20 2010, 10:37 AM

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QUOTE(Hansel @ Dec 19 2010, 03:00 PM)
Have to agree with the above, PNB funds are very well protected in terms of capital of the investors'. Well,... until now, that is, to me, a major risk is if the Opposition wins in the next GE...
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No such risk. These funds will still remain. Probably there will be more funds for the minorities to invest in.
cybermaster98
post Dec 20 2010, 01:55 PM

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QUOTE(michspc @ Dec 20 2010, 01:39 PM)
Is it safe to invest into Amanah saham fund? will it go bankrupt?
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Its safe for now. Dont worry.
cybermaster98
post Dec 21 2010, 03:23 PM

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QUOTE(MilesAndMore @ Dec 21 2010, 01:26 PM)
Not shabby at all  rclxms.gif
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For the amount of money they are spending on crap white elephant projects and the amount of money being wasted through corruption, 8.75% is hardly something to be happy about.
cybermaster98
post Dec 22 2010, 01:23 PM

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PNB could have paid out 11.4 sen per unit dividend in addition to the 1.25 sen bonus. But instead chose to pay 7.5 sen. Damn!

http://biz.thestar.com.my/news/story.asp?f...44&sec=business

cybermaster98
post Dec 22 2010, 02:06 PM

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QUOTE(MilesAndMore @ Dec 22 2010, 01:53 PM)
Bloody hell. Didn't they declare lower dividend too last year because they wanted to bring the rest forward to this year  whistling.gif
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Thats why. Same old bloody excuse. Pisses me off! vmad.gif
cybermaster98
post Dec 23 2010, 01:58 PM

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QUOTE(MilesAndMore @ Dec 23 2010, 01:28 PM)
1.25% has to be divided by 10 years.
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Yes so the 1.25% is actually insignificant.
cybermaster98
post Dec 29 2010, 02:42 PM

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When can we update our ASB passbooks?
cybermaster98
post Jan 3 2011, 02:56 PM

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QUOTE(VerdictReview @ Jan 3 2011, 02:46 PM)
Yup me too wanted to withdraw at CIMB so crowded, alot of people rushing in....I will wait till 3.30 usually less people there..hoping  sweat.gif
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Why the heck would ppl wanna withdraw from ASB? Isnt ASB supposed to be long term savings? If u notice, most of those withdrawing from ASB are those from lower income groups many of which will waste the money on unneccessary spendings. Such a pity!
cybermaster98
post Jan 17 2011, 08:30 AM

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QUOTE(MNet @ Jan 14 2011, 09:24 PM)
ok already.

i frm Jan2010 to Dec2010 only rm1k
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I managed to get RM 21K for my ASB dividend. Was hoping for a better payout but still good all the same.
cybermaster98
post Jan 18 2011, 07:44 AM

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QUOTE(natzakaria @ Jan 17 2011, 02:21 PM)
Excellent. This is based on maxed out investment?
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Yes maxed out.

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