i can tell u, pos offic only accept cash. no other way. cheque is totally no accepted

if using cheque i think need to clear the cheque before you will get any units.

just sharing my experience
in my hometown, i have known about many uncles putting huge sum of money with bank staff, the orders were to deposit in these amanah saham etc should there be any units available. in turn, these bank staff get some duit kopi or commission. i believe this happens in the whole country. surely this is illegal.

now have to ask these questions

who gets to get units? - depend on the bank staff, who she/he prefer. possibly based on his/her own list of priorities. who pays more is ahead in the queue
how long to wait? - as long as until there is units. now the next question is, how often? may take months, years...
is the banker trustworthy? - now one may not know what the bank staff do with this money. a smart person will just use this free fund to invest and take the returns for himself. who knows? and thes uncles 'invest' their money with 0% return, the bank staff smiling all the way.

should these so called investors go for something else?
the general answer that these people can give you is, no. these amanah saham are gov saham and are difficult to get. they give good returns and worth the wait.

but is this the reality? i bet many just do this because they know nothing about investing. like you mentioned, the power of compounding is great, but are you aware that the power of compounding is greatest when time is at their side?
as you can see from the chart above, its better to start early with a small sum than to start later with a big sum. notice the total years of contribution as well?

what my personal advice to amanah saham would be investors to keep an eye on other options.

indeed you are absolutely correct. but if no investment then also mean no compounding 

i mean those waiting for units in amanah saham
dun wait too long or commit too much fund in waiting. at least must sit in FD if one really want to wait for units

the reason why i suggest FD is because its most easy to liquidate. like you may already suggested, units in amanah saham will be gone like hot cake. if one prefer to put in stocks, can you sell off in time and buy available amanah saham units? for this purpose, at least what i can think of, you have to have liquidity and worth converting.

what are other kinds of investment that is liquid enough and worth sacrificing to go to amanah saham? mind share?

forgive me then because i just take an example. you are very careful in examining every single word i say, rather than to read in between the lines and get my message 

indeed someone would think its foolish to sell off stocks for amanah saham. but this is a general statement. if timing, purpose, opportunity is right, it still can happen. its up to the individual

you dont need to tell me exactly which. private and confidential? unless you are selling fish at the fish market, sharing your so called private and confidential 'knowledge' surely wont hurt doesnt it? and i thought you are in this forum to share your vast knowledge?

and of course i am not waiting for amanah saham. i have been earning better returns other sources.

are you waiting?

in case you realize, you have upmost prejudice for unit trust advisors. your vision is blurred and you make biased statements, some of which are baseless that cannot be backed by any fact

you dont need to call me any names. i personally know a lot of people who have benefited from unit trusts. others can testify if they are wiling to

i never claim i am smart. if my info sharing is beneficial, then readers can take it. if not, can leave it. forumers here are smart enough. you dont need to call me a fool. they can see with their own eyes

by the way brother, be careful of what you say... dont mislead readers here

so you claim unit trust agents are stupid eh?
please share more of your knowledge, because you are the smartest 

is this adolph or someonbe else again? why the english is so different?

by the way dont keep saying A then say B. you said it then admit you said it.

this is not the place to argue like this. i should stop entertaining this 22 year old impulsive kid

i am sure readers here know who is the CONman. i con ppl into buying unit trust? 

this is the best you can come up with? 

so i cannot post in this forum?

Adolf, I dont have any personal interest in either you or Doneright but what i do know is that he has never tried to push Mutual Funds down anybody's throat. Ive had some correspondence with him past month and what he says makes sense. Mutual funds have the capacity to earn more returns than Amanah Saham but it comes with a higher risk profile too. So if ure willing to take the risk and if your investment pays off then you get better returns. I too have ASB and a number of other investments so im quite aware about what Doneright has told me and i understand what ure saying. But let's stop with this name calling and return the thread to its original purpose. Doneright is free to state his opinion and ure free to accept or reject it. If you wish to prove a point then do so in a matured manner. All these name calling doesnt reflect too well on yourself.

Again, im a neutral party but after the past 20 posts from both of you, i must say this is getting a bit tiring. There is a way to argue maturedly but this clearly aint it. So lets end it now shall we?

Cheers!

do not waste time to go bank to top up ASM, ASW200 or AS1M for non bumi...cos bank will no do for you.

Also, if they do also will try to do for small amount - few hundreds. They will tell you finish if first time try failed. They never try second time.

Also, if you are SUPER SUPER SUPER SUPER lucky tht u can get the few hundred and if u ask them to try more. I can tell y that u will definitely cannot get after that. Cos they will ask their other officer to buy themselves rather than try for you.

that is the same thing that i have been suggesting

i dont know why i am being a target of abuse 

If given you have savings in some FDs, will u guys move maybe 80% of it to AS-type funds? The other 20% maybe reserve for emergency, due to FD has better liquidity, easily uplift via online, flexible months of tenure.

However despite AS-type funds 'guaranteed' at rm1 per unit, is this really safe in long run? maybe rules change etc. AS funds are also not PIDM guaranteed from what i read. But of course people can say the track record for multiple decades of AS is a testament to its yearly stable dividends, with previously even better yields.

yup, i tried topping up at banks for my ASW, also received the same response, they look at the computer and say either of these:
-system down
-already filled up or finished

I have been to the banks many times to try to fill up and that is the response I get.  Some sort of discrimination at work here?

hallooooo
i managed to top up As1m units for rm50K
do online via cimb clicks
i think indian quoata now got as some indian withdraw to cleblate deepavali.
so happpyyy

I hope I have an opportunity to hire these bank tellers to do it for me. I think is fair to give them some commission. It beats the heck out of consuming petrol and time to commute to banks, with no guarantees of securing any units. If I can put my book with them, and let them transact the allocation which I set out to pump into AS-funds, I would be very happy.

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Added on November 9, 2012, 7:30 pm

huh, u mean can just go and check first and see their monitor before you queue up? (i normally notice their monitor is positioned fixed under their counter, and one cannot see it without going into the teller's sitting place, which is not possible due to obvious fact that inside is a restricted area).

Also, i think the 'unit sudah habis dilanggan' message is just random. Just like u click a button of a program 'check for units', then return 'no more units', u click ok, then try again, might be got units after several times clicking the button, because it's very random users go and cash out their units, and is also random when is the moment we are at bank. I assume the teller will have to click that button right at the moment when some user cash out and return units to the pool, for the system to return a success message. Given the number of subscribers to those funds, I would guess at any random moment, someone cashes out. You just got to have to click it at the precise moment. Of course, there are certain peak hours etc, maybe when people go to banks around lunch time or smth, so the cashing out activities will probably spike a little. Bottom line is, if you have the entire day to try the system, I'm sure you can buy a lot of units.

Normally i go to bank, i notice the teller clicks the enter button 2 times, repeatedly, like "dot dot... dot dot... dot dot...." over and over, I assume is to click acknowledge no units, and then click again to try.

( if I could just take over their counter, I don't mind sitting there whole day to do the "dot dot...dot dot... dot dot...." to my heart's content... at least until my cash runs out or the Enter button spoils... )

If I withdraw from ASW2020 , can I reserve the units to my friend if she is to deposit during the withdrawal ?