docter, what's your interest rate for the loan? tenure?

only one. his wife has one. he just opened his. so both of them have two

of course i have to remember you. you are one of the first one who gave me new information regarding non-bumi saudara baru who can open an ASB account

and next time other people will ask, i will make you as a reference

habislah. this is terrible news.

oh, malaysia govt.

got any sauce? i am quite afraid liao. ASB has performed rather badly a few years back, earning a measly 6% dividend

and yet still so many bumiputra don't wanna take advantage of this scheme!

haiyo

ASB is divided into DIVIDEND and BONUS

DIVIDEND is calculated monthly, based on your the lowest account balance of the month,

BONUS is calculated yearly, based on the lowest account balance of the year, and averaged by 10 years

so in addition to the 12 month balances that you need to work out, you also need to track 10 years lowest account balance

in my case, i have healthy dividend, but very low bonus since i was stupid enough to spend all of my ASB (left less than rm50 inside) during my younger years in university

ASG is an interesting choice

but I have yet to max my AS1M

talking about AS1M, what's the max investment limit?

When to check your bonus dates

Folio	Date	Limit	Remarks
ASB	1 January	Limit 200k	Bumiputra
ASM	1 April	No Limit	Quota
ASD	1 July	No Limit	Bumiputra
ASW2020	1 September	No Limit	Quota
AS1M	1 October	No Limit	Quota

This post has been edited by lucifah: Jul 25 2013, 09:01 AM

good to hear that.

but

AS1M is out in 2010 = 3 + 6 = 9 yrs
ASW2020 - 1996
ASM - 2000 = 13 +6 = 19 yrs
ASD - 2001 = 12 + 6 = 18 yrs




just kidding.

going to maybank now. try to top up ASW2020

This post has been edited by lucifah: Jul 25 2013, 09:53 AM

whoah... you haven't maxed out your 200k initial ASB principal? i jelly liao.

well, marry a muslim or conver to one

you can open ASB liao after that

apparently, bumiputra lot is still and always available for ASW2020

i dunno should be happy or should be sad

happy because i can top up anytime

or sad because my fellow princes of earth never fully utilize this (ayam sad when i see old 50 - 60 yr old uncle and auntie queue up early morning to buy into ASW2020 and ASM when allocation is increased...)

oh, u have multiple accounts. i thought u have one with nearly half mil but still not maxed out the principal

but sweet, almost half a mil in cash

do tell me more. i'm intrigued. i'm learning.

nah, don't be offended or what. let others reveal. instead of being jealous or what, use that to be your determination to excel more

as for the allocations for non-bumi in ASW2020, ASM, ASD and such, you need to be clever. remember, there will always be people who need money and sell their saham. you just need to know when is the "selling season" (usually mid of the month or near CNY, near school opening) and u can try your luck

if you go ask over bank counters, they will outright tell you no more allocations because they are either lazy, or they are keeping the allocations for themselves / their friends

so be a bit more clever than them. use post office to check. be friend with the bank tellers / managers and ask them to let you know when there's a frees quota available

in short, being offended and being jealous doesn't bring you any benefit at all. that applies to any real life situation

btw, are you a girl that you get easily offended and jelly all the time?

yes. there is no limit to one account. just the initial investment unit is limited to 200k

but in his case, he mentioned he has more than one account, which means it's his and his waifu accounts perhaps.

u can also get it from inheritance...

the one nearest and most convenient for you to do payment

though most of the time, repayments are enforced through standing instructions from a specific savings account

this is not kopitiam. pls refrain from posting your kopitiam style replies here