Just buy silver. Quite good returns. Maybank price already up 21% since launch 6 weeks ago.

U can get more info at the Maybank website.

What other investments give better returns minus the risks?

Ure Bumi right?

Silver and gold would only be moderately better in the long run as compared to funds like ASB. Take for instance gold. If someone had invested in 2010 in Maybank, he would have paid about RM 131/g. The buying price now is RM 168. That's only a profit of 28% in 2 years. ASB gives out about 17% in 2 years. Silver would not fare as well as gold for sure.

Yup ive already maxed out the ASB. Thats why i went into gold and now considering silver.

Your maximum investment in ASB is 200K. But your dividends can accumulate without a limit. But i personally know of a number of individuals who have got their max limit raised. You gotta have the right connections.

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Added on September 13, 2012, 3:19 pmIm hoping the elections would be in 2013 because for sure all PNB funds especially ASB will get good returns. Even EPF.

This post has been edited by cybermaster98: Sep 13 2012, 03:19 PM

Nothing to do with loan. Max investment is 200K. After 200K investment, only your dividends can increase but u cant put in more cash.

If AS1M declares 7%, then ASB will be 10%.

What was the previous declaration?

If thats the case, then ASB should declare income (dividend + bonus) of at least 9.0% for 2012. Last year was 8.80%. Best was in 1994 which was 14.0%.

If it reaches 10%, then what's the payout for ASB? 15%? Wont happen in the near future.

This post has been edited by cybermaster98: Oct 2 2012, 11:49 AM

Well, ponzi or otherwise, you must remember that these funds are somewhat secure as compared to other investments. It gives u a steady income without you having to constantly monitor it. Yes im well aware of the 'is it secure' arguments but then again is any investment secure and what are the risk factors? But yes i wouldnt park all my money in them but nevertheless its still a worthwhile investment to get some decent returns.

So what are you recommending?

ASB offers the best interest rates compared to other ASNB funds. Last year they gave out 7.65+1.15 = 8.80%.

Native rights? But the question here is are the natives really natives of Malaysia?

Yes thats true. But i think the main reason is because of the high returns of ASB, the Gov wants to be seen as giving more 'exclusive' rights to a selected race. If it were open to all, then the effect of exclusivity is lost. But in reality, its mainly the higher income groups and some of the middle income ppl who are clearly benefiting from ASB. Hence, the rich get richer while the poor remain poor.

Max 200K capital investment. Many of those who have not maxed out, dont quite know about loan schemes to invest in ASB. But even with the loan, your net profit is about 2-3% only.

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!

Had to withdraw 40K from my ASB to put downpayments for 2 properties. Damn! Losing almost 1.5 months of interest.