spoke to PNB today.
Apparently can withdraw certain amount (depends on age) from KWSP account 1 and park in ASM?

One time fee of 3.5% (3% by PNB & 0.5% by kwsp

anyone got do this before?

Quick question: I want to invest in AB through Maybank. I will use salaray dedcution every month.

What if suddenly I need money and want to get some cash from the ASB?

possible? is it very liquid?

You mean take loan to invest in ASB? Is that possible? Can get profit??

Its like bank giving free money??

Quote from other website:

"Untuk mendapatkan full loan ASB RM400K Mebeng Mereng, mereka yang layak dari Golongan B ni kena keluarkan dulu RM400K dari account ASB (pindah ke ASW2020) dan apply loan Mebeng - sure approve. So kira diorang topup account atas satu nama."

anybody wanna comment?

thanks bro. I will look into it. This is a new thing to me. I always thought RM250K max only.huhu

If i use epf, can i get a hold of it or will it go back to my epf account?

as1m bumi quota still available.

Can use EPF to invest also if you want 

Guys, just wanna ask one thing. I dont understand. I put all that i have in asb into as1m. And i didnt get any dividend (ya lor, put one day how can get dividend). But i only put rm16k in asn, how come suddenly became rm18.5k? Kalau tahu i did the other way around. I put everything in as1m coz i thought harga tetap is more safe than harga berubah? As1m dividend also was higher than asn. Anybody care to explain?

For example of ASM, if the deposit is not full whole year, how is the div calculated? daily basic? or totally not entitle for the div ?

Got it...

How about if invest 1k on 1st feb, then withdraw on 1st May?
izzit still can get div = 1k * rate * 3/12 at the end of the year ?

Titanic taikor, i wanna ask on asn, if i can get dividend straight away, meaning for this cycle i will get x2 dividend as compared to asb right? Asb i will only get next year by end of cycle, right?

If dec 2013 declare 1 more time than this cycle i will get twice lor. I am a newbie to ASs. Just now i put so much in as1m and it was the exact amount i put in but i put little only in asn but get extra rm2500 already. I thought got error. Huhu. First time open asn, so i dunno. Huhu

I check ASG price just now it write suspense. What is mean by suspense?

Wintersun,

Do you mean by last year, if that is your answer. However, I had to say that it will be pro-rated because you're not investing it for 12 months, just like you're saving it in fixed deposit. Yes, you will receive 0.072 dividend but will be deduct and pro-rated by remaining months.

ASD 6.8% just ok but not nice

PNB need word harder. EQUITY for last past 2years is bullish, why PNB cant give 7%

Nope, quotas applied

Thanks.

Over simplify? I am the KISS type, Keep It Simple S ! Ha.

I don't like UT as I can do better than the UTs around. The thing I hate most about UT is their annual management fees, even when the fund is losing money!

Sorry for my over-sight in extrapolating KLCI 50% crash to ASM's 50% drop. Yes, ASM's shares are not the same as the KLCI 30 companies.  Back to my main question -

Are principal and subsequent dividends in ASM guaranteed ?

Cheerio.

Hi, this may be a noob question since i'm very new to all this but does the quota apply to the bank branch only or all branches? Do all banks sell this?

I went to Maybank a month back to enquire about ASN, AS1M & AS 20-20 but all are full.

Hi,

I recently went to Maybank branch to discuss regarding opening ASB account and packages that Maybank provides.

Below is the screenshot of the pamplet.

Front;


Back;

*sorry, need to censor some personal data.

The red box on the back page is for RM 30,000.00 sijil, and the payment will be RM 180.00 (RM 175+RM 5 for Islamic services charge) for 25 years. The payment will be deducted automatically from my Maybank2u account.

My question are;
1 - Is it recommended to get this package? I am somehow prefer this one instead of manually adding the money into ASB due to busy-ness.

2 - If I count correctly, RM 175 x 12 months x 25 years = RM 52,500 (EXCLUDING 8.00% bonus [consider the mimimum rate for example]).
So what does this actually mean? I pay RM 175 per month for 25 years but I only get RM 30,000 instead of RM 52,500? Or I am missing something?
I don't have chance to ask the second question because our meeting was interrupted by personal business and also just thought about that on the way home.
Please kindly advise ya.

Check your loan agreement for confirmation.