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 AS1M, ASM, ASW, ASB V2, PNB fund

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wongpeter
post Sep 2 2010, 02:16 PM

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QUOTE(cybermaster98 @ Sep 2 2010, 09:40 AM)
Best to just save up and invest periodically in ASB rather than take a lump sum loan.
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I guess taking out a lump sum loan to invest in ASB can be considered 'forced savings', good for ppl who lacks the discipline to save on a regular basis.

wongpeter
post Sep 20 2010, 10:34 AM

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Can anyone confirm if the Sukuk 1Malaysia has sold out?
Thanks.
wongpeter
post Sep 26 2010, 07:44 PM

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QUOTE(MilesAndMore @ Sep 24 2010, 10:51 PM)
Confirm still sold out ? As far as i know, there were many Bumiputra selling back their units to ASNB in the last few weeks. Me being one of themĀ  laugh.gif
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I see no reason for bumis to buy into ASNB if they haven't maxed out on ASB. For bumis who have maxed out on ASB and who has also bought into ASNB, I still see no reason for them to sell their ASNB unless there is something more attractive in the market. ASNB's dividends seems quite good so why would bumis sell it off?

This post has been edited by wongpeter: Sep 26 2010, 07:45 PM
wongpeter
post Sep 26 2010, 07:55 PM

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QUOTE(MNet @ Sep 26 2010, 07:36 PM)
fresh gard still 3k?

last time i fresh grad already 4k

market down?
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You shouldn't make generalizations like that. Many years ago I knew someone, not a fresh grad, earning the ridiculous salary of RM5k. I am sure you will ask what's the big deal.... until you learn it's RM5k/day! yeah there are ppl earning such super salaries for all we know, maybe even higher!

wongpeter
post Sep 27 2010, 10:16 PM

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QUOTE(cheahcw2003 @ Sep 26 2010, 08:09 PM)
what do u meant by ASNB?

PNB is the holding company that own 100% of ASNB, ASNB offers and manage various fund including fixed price funds like ASB, ASW, AS1M, and also variable price products like ASN, ASN2, ASN3 and etc...
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oops I got it confused, thought it was that fund giving out 6.8% dividends. my bad.

wongpeter
post Sep 29 2010, 10:25 AM

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QUOTE(nameeh @ Sep 29 2010, 12:12 AM)
no.. u need balance. minimum RM1 i think. find some1 to sell RM1 unit and then u quickly buy
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Anyone here can sell me RM1 of as1m and what is the procedure?
wongpeter
post Oct 1 2010, 08:23 PM

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QUOTE(smartinvestor01 @ Sep 30 2010, 02:09 PM)
Maybe u have to ask directly..

For the Malay quota, i am not very sure... Maybe there is some chance..  nod.gif
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Does that mean for the Malay quota of AS1M we just go to any local bank and say we want to buy in? Thanks.
wongpeter
post Oct 2 2010, 11:51 PM

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QUOTE(MilesAndMore @ Oct 1 2010, 09:04 PM)
Not any local banks. You can only carry out ASNB related transactions at their own office, any post office nationwide or any of the 3 agent banks namely Maybank, CIMB Bank and RHB Bank.

And yes. Just go to the counter and tell them you want to buy AS1M.
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thanks for the info MilesAndMore.


Added on October 3, 2010, 12:00 am
QUOTE(ronnie @ Oct 2 2010, 11:09 PM)
Rest assure that the yearly dividend will be HIGHER than FD rates...
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If and when the FD rates drops to say 2.5% then the yearly dividend for as1m will prolly be 3%.... tongue.gif

This post has been edited by wongpeter: Oct 3 2010, 12:00 AM
wongpeter
post Oct 21 2010, 05:47 PM

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QUOTE(solemn_86 @ Oct 21 2010, 11:05 AM)
Hello guys, just want to know is it imperative for Bumis to maxed out their ASB just bcoz of the 8%-10% dividend p.a.?

One more question, if I save around RM1k per month, how many years does it take to reach that quota? Thx
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I don't understand your question. Are you trying to say something along the lines of "Is it compulsory for Bumis to max out their ASB since the dividend of 8% - 10% is so attractive?" ?

Even then it still sounds illogical! doh.gif
wongpeter
post Nov 22 2010, 09:17 PM

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QUOTE(MilesAndMore @ Nov 18 2010, 10:36 PM)
Should be no less than 7% for the dividend. As for bonus, perhaps around 1% or more ... Am still praying for more though  biggrin.gif
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+1
keeping fingers crossed
hopefully you are right! biggrin.gif
wongpeter
post Dec 10 2010, 08:05 AM

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QUOTE(MGM @ Dec 9 2010, 05:12 PM)
They fixed the selling price at RM1/unit but NAV cannot be fixed as it fluctuate with the market prices.
If they dont disclose it in their annual report then they are not being transparent.
It could be less or more than RM1 depending on the fund manager ability.
From 4-Aug-2009 to 30-sep-2010 KLCI moved from 1180 to 1463, a 24% gain.
AS1M only returns 6.38/13.87 = 5.5%.
AS1M invested 2/3 on equity & 1/3 on money market.
If AS1M perform as well as the KLCI, its NAV should be at least RM1.10.
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yes you're right
wongpeter
post Dec 14 2010, 07:02 PM

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QUOTE(Invader Zim @ Dec 14 2010, 06:56 PM)
will the gov question me if i bank in a large sum of money into asb in 1 transaction?
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nope, in fact if you bank in large amount in 1 transaction to max out your asb you may start getting hari raya cards from the kementerian perdagangan antarabangsa..... i'm serious, not joking.
wongpeter
post Dec 14 2010, 07:43 PM

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QUOTE(firee818 @ Dec 14 2010, 07:16 PM)
Inland Revenue Board (IRB) will run after you after few years....be prepared for that.
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You may have a point there if the money is the kind that can't see the light of day. If the money is 100% legit there's absolutely no worries.
wongpeter
post Dec 22 2010, 02:14 PM

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QUOTE(cybermaster98 @ Dec 21 2010, 03:23 PM)
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.
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+1
wongpeter
post Mar 8 2011, 07:44 PM

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QUOTE(demolationz @ Feb 23 2011, 03:02 AM)
Hello , im kinda new in ASB . i need advice to expand the profit that will gain in ASB .

Plus , any strategies ?
Thanks in advance (:
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Correct me if I am wrong.

I don't think there are any strategies in ASB. Just dump in the max amt allowed which is RM200K. Then sit back and wait for the annual dividends and bonuses. In a good year could be as high as 9% returns and in a bad year will still be more than 6% returns. So what strategies are you talking about.

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