what are the terms of your car loan? can you pay now and if so, will it help you save on interest?

if you plan to use in march, then fixed deposit is good. no point going for asb as its a fixed price investment

or better still, clear your credit card debt. that is one of the best investment you can make

my 2 cents

For me this is the best way..respect

Greeting folks !
Stupid question here, lets say I have 10k of any of the PNB share, then the dividend rate is 6.5 cent/share, meaning i have RM650.
Meaning after 1 year, I got RM10650 in my acc.. Lets say second year have another 6 cent/share dividend, will this dividend on first year (RM650) get dividend (RM650(or 650units of share, assuming RM1 each) get this 6 cent second year dividend?

yes, same as the Saving and FD account.

No, it not same. $1 fixed unit trust doesn't mean it same with saving and fixed deposit. fixed deposit, is like you lend your money to an institution, the reason they offer interest is to lend it to others while charge more higher interest, or buy liabilities or assets to increase the institutional profits such as machinery.

While dividend is not guarantee, if the company not making any money, they have the rights not to issue dividend, dividend return can be declare in monthly, quarterly, half yearly or yearly without pro-rated while fixed deposits and saving is pro-rated.

Even those, they're same but doesn't mean they really same because want to make it simple, as they still gave return without losing money. but the main right here, is Amanah Saham can be not fixed funds at any moment depend company just like 1990 case.

yes, it should work the same. second year dividend (example 6%) will be given based on your 'new' capital: RM10650

for fixed price funds, you dont make any gains from unit price movement (since there is no movement)

I'm 27 this year and has been thinking of getting the ASB loan. Should I max out RM200k? Will this affect my chances of getting personal loan later?I have 2 CC (OCBC Titanium Mastercard and Maybank Petronas Visa). A hire purchase loan for my car.Never miss payment. Please advise.

but compare fixed deposit for 3 month and put in asb for 3 month only then withdraw,
which one will give better divident?

thanx for your info
luckily i dont have any cc debt

Farur,

I had explained it on the first place, the answer is fixed deposit because you're gonna to put it for a while, fixed deposit only give interest, dividend and interest are different. ASB only declare dividend at the end of each year financially.

hi, anybody know when i can go bank and check my ASB?

This week.... lots of people at banks nowadays.

thanks for the info. need to go to banks early tomorrow.
if go now, until 5pm also dunno can update passbook or not. haha.

some bank have dedicated counter to update ASB passbook

Exchange Traded Bonds and Sukuk.
Anyone know about this bond????? Can explain a little..

Mickey C,

It's a wrong thread, this thread only for Pemodalan Nasional Berhad (PNB).

DanaInfra Retail Sukuk is $100 per units, minimum subscription $1000 which equivalent 10 units.
Profit payment and principle of payment are guaranteed by governments. This exchange traded sukuk expected to yield 3.7% per annum but the yield figure haven't yet decided.

More info,
http://www.maybank2u.com.my/
http://www.danainfra.com.my/
http://biz.thestar.com.my/news/story.asp?f...05&sec=business
http://biz.thestar.com.my/news/story.asp?f.../20130108111736


Forum,
http://forum.lowyat.net/topic/2659360

Retail sukuk knowledge pack,
http://www.maybank2u.com.my/WebBank/DanaIn...uk070113_KP.pdf

Oh Okay, TQ,
Sorry,,,,,

do we need to put money to update or just can update?

No need to add money, can just go to update your book.

I dont understand, if ASB gives you 6-7% stable return per year compared to FD return of just 3% or risky mutual funds why everyone not crazy investing in ASB?

What are the disadvantages??

hader777,

ASB give a return an average 8%, not everyone can invest in ASB, this fund only opened for bumi, minority races or Malaysian who hugged Islamic religion, which is a disadvantage. This fund is good especially for those low risk investors, the other disadvantage is no chance to capital gain such as appreciation of your units, which is capped at $1 per units.

if you're aggressive investor and would like to gain a return 15%, you can think of invest in high yield dividend stocks, blue-chips and share. With these, you will be expose to capital gain, or known as "price risk" a chance to sell share at much higher price. the sustainability depend on what type of person he or she going to invest. The only disadvantage for ASB, is you need to be patient to pick the fruits of return over year for long terms.