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AS1M/ASM/ASW2020/ASN/ASB and other PNB funds V3, lending your money to the government
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wil-i-am
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Aug 26 2013, 02:44 PM
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QUOTE(davinz18 @ Aug 26 2013, 02:38 PM) Based on my previous experience, very hard to get asw2020 after the dividend payment. Why? because a lot of people with the same thinking "others would withdraw" mentality would Q or wait the whole day "trying". also don't forget the "background transaction" activity. Just try n dun give up Who knows Lady Luck may give something
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Leo the Lion
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Aug 26 2013, 02:48 PM
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QUOTE(titanic_crash @ Aug 26 2013, 03:33 PM) 2008 - (34.04%) 2009 - 43.41%.. source :ASNB annual report... there is risk and reward there Makes me want to invest in ASN now....
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davinz18
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Aug 26 2013, 02:49 PM
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QUOTE(wil-i-am @ Aug 26 2013, 02:44 PM) Just try n dun give up Who knows Lady Luck may give something  I hope could get some units. Small amount also okay
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wil-i-am
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Aug 26 2013, 02:49 PM
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QUOTE(mytaffeta @ Aug 26 2013, 02:41 PM) if i put big amount into ASB/AS1M in one shot, LHDN will look after me? say 100k or 500k.. As long as u maintain proper records which substantiate your income/assets, LHDN will say thank you for d cooperation
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[Ancient]-XinG-
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Aug 26 2013, 02:51 PM
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QUOTE(Leo the Lion @ Aug 26 2013, 02:48 PM) Makes me want to invest in ASN now.... must understand the T and C very clearly.....
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wil-i-am
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Aug 26 2013, 02:54 PM
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QUOTE(davinz18 @ Aug 26 2013, 02:49 PM) I hope could get some units. Small amount also okay  For yo info, I even top up RM1 so many times The staff at ASNB/PM/Bank said 'ini transaction mesti rugi, tak cukup cover paper printing cost n printer ribbon'
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celicaizpower
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Aug 26 2013, 02:57 PM
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QUOTE(Leo the Lion @ Aug 26 2013, 02:48 PM) Makes me want to invest in ASN now.... Yeah, thinking to move some of my fund to ASN for long term investment. got risk, but no so bad la...
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lucifah
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Aug 26 2013, 02:57 PM
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St. Fu
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QUOTE(mytaffeta @ Aug 26 2013, 02:41 PM) if i put big amount into ASB/AS1M in one shot, LHDN will look after me? say 100k or 500k.. if you can prove the legitimacy of the money, yes, why not? ASB is maximum 200k.
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lucifah
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Aug 26 2013, 02:59 PM
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St. Fu
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QUOTE(celicaizpower @ Aug 26 2013, 02:07 PM) Hi Guys, Actually which one of the account types return the most? if I was not mistaken ASN returned 11%++ last year and ASB only 8.95%. does that mean I should invest more in ASN? SOS: http://www.asnb.com.my/asn.htmhttp://www.asnb.com.my/asb.htmpls read carefully what ASN is. in ASB, 1 unit = RM 1.00. it's fixed in ASN, 1 unit can be = RM 0.85, can also be RM 0.90, can also be RM 0.70 so a 11% dividens for ASN is effectively only 5 - 6% return on your investment capital in monetary term
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davinz18
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Aug 26 2013, 03:00 PM
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QUOTE(wil-i-am @ Aug 26 2013, 02:54 PM) For yo info, I even top up RM1 so many times The staff at ASNB/PM/Bank said 'ini transaction mesti rugi, tak cukup cover paper printing cost n printer ribbon'  Really?  very "good" the staff Some of them won't "try" for even rm10, Most of them said min rm50 or rm100
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lucifah
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Aug 26 2013, 03:01 PM
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St. Fu
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QUOTE(Leo the Lion @ Aug 26 2013, 02:48 PM) Makes me want to invest in ASN now.... since you are a bumiputra, you are blessed with many other options like AS1M and ASW2020. ASN / ASG and any other floating fund should be your last resort
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davinz18
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Aug 26 2013, 03:04 PM
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QUOTE(lucifah @ Aug 26 2013, 03:01 PM) since you are a bumiputra, you are blessed with many other options like AS1M and ASW2020. ASN / ASG and any other floating fund should be your last resort  Agreed Very2 lucky
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smartinvestor01
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Aug 26 2013, 03:14 PM
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QUOTE(davinz18 @ Aug 26 2013, 02:43 PM) Anything above 50k would trigger automatic "background" check, which I don't like  Thanks, thats a good information for me as well..
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davinz18
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Aug 26 2013, 03:17 PM
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QUOTE(smartinvestor01 @ Aug 26 2013, 03:14 PM) Thanks, thats a good information for me as well.. Someone told me this. Apparently it's one of the AMLA thing enforced since last year
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lucifah
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Aug 26 2013, 03:23 PM
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St. Fu
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QUOTE(davinz18 @ Aug 26 2013, 03:17 PM) Someone told me this. Apparently it's one of the AMLA thing enforced since last year  for any cash transactions more than 50k, you will need to fill up a form to declare that the income source and purpose of deposits it's just a formality. i filled once and left the date & amount section blank and let the banks photocopy as many as they want. i put down my work as "office / errand boy"
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celicaizpower
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Aug 26 2013, 03:30 PM
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QUOTE(lucifah @ Aug 26 2013, 02:59 PM) pls read carefully what ASN is. in ASB, 1 unit = RM 1.00. it's fixed in ASN, 1 unit can be = RM 0.85, can also be RM 0.90, can also be RM 0.70 so a 11% dividens for ASN is effectively only 5 - 6% return on your investment capital in monetary term ah, makes sense, thanks
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wil-i-am
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Aug 26 2013, 03:41 PM
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QUOTE(lucifah @ Aug 26 2013, 03:23 PM) for any cash transactions more than 50k, you will need to fill up a form to declare that the income source and purpose of deposits it's just a formality. i filled once and left the date & amount section blank and let the banks photocopy as many as they want. i put down my work as "office / errand boy"  U r so humble
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davinz18
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Aug 26 2013, 03:46 PM
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this thread "so hot" today! change 2 pages just 2 hour period
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wil-i-am
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Aug 26 2013, 03:58 PM
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BREAKING NEWS
ASW2020 announce 6.70% pa
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lucifah
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Aug 26 2013, 04:01 PM
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St. Fu
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QUOTE(wil-i-am @ Aug 26 2013, 03:58 PM) BREAKING NEWS ASW2020 announce 6.70% pa my client would be pleasant with that return. would at least nett them about 17 - 20k dividend...
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