nice website.. but im more interested in path one take to invest in asb; which accumulate the biggest amount at the end of 20 yrs..

http://invest-made-easy.blogspot.in/2013/0...a-personal.html

i stopped reading when i reached the first table

someone with deep knowledge about ASB will never lump together ASB returns = dividend + bonus, as the effective % rate for bonus is highly dependent on many factors, and is best ignored, unless your account balance is static > 10 years.

Been told by my banker as well. Ask me straight ignore, if I receive bonus, it is really call BONUS.

paying asb loan rm100k with own money for whole 20yrs is a good or bad move? (rm652*12m*20y=rm156480) how much can get if not take out dividend and bonus all years long? can reach approx 800k ke?

based on calculation from the site, amount at the end of 20yrs is RM334,460.25

sos

i how the calculation been done? i thought i can reach amount like below. please brief me


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this based on what dividend rate..? but still ~ same amount as the link i provided.. cash value - capital = ~320k @ 20yrs, as you said, not 25..

why not see earlier la

I asked, maybank islamic asb loan:

1199 monthly
(they did a recalculation based on new system, pprt)
25yrs
200k loan
BLR 1.65 throughout 25 yrs tenure
No exit fee or penalty

I have enough for 2 yrs installment, own money.
Should I take the loan or not?

The recently issues about ASB bonus thing got me thinking. Just imagine if there's no asw, asm & as1m scheme from PNB. What would happen? Invest in UT? Bonds? FD? Bursa? others?

All ASNB products is Unit Trust (UT)
As at Jul 2013, total NAV of all UT is RM329 bil which is equivalent to 20.4% of Bursa market capitalisation

Topup ASB via Maybank2U and win prizes
http://www.maybank2u.com.my/mbb_info/m2u/p.../PRO-Promotions

Info from AS1M AR @ 30/9/2012
Lembaga pengarah meluluskan resolusi untuk mengenepikan yuran pengurusan dikenakan bagi tahun berakhir 30/9/2012 sebanyak 0.5% setahun kepada 1.0% setahun daripada Nilai Aset Bersih

In simple English, how much ASNB charge for the annual management fee?

i took asb loan from mbb too.. from what i gathered last time, it is positive given blr stay the same or reduce..
the accumulated dividend (if not withdraw) is bigger than monthly saving, at same amount..

So, it is a good deal yeah? I'm planning to get it.
Waiting for more replies.

This post has been edited by solsekuin44: Oct 17 2013, 08:59 AM

yeah, there are plenty of comparison done.. just google it.. the only drawback is some portion is given to the back which is the interest..

It is a good idea for as long as the interest rates remain at the current low levels. As it has been mentioned previously, the spread between the dividend (ex-bonus) against BLR is only between 1% to 3% max. As the OPR increases, so will the BLR thus squeezing one's margin.

It's very simplistic and also foolish to assume that interest rates does not rise overtime. Given where it is now, the only way is up. Central banks use interest rates to contain inflation and we're certainly starting to see the effects of reduced subsidies in the CPI. BNM would also increase rates to defend the local currency in its fight against capital flight from the MYR.

Central banks also raise interest rates to contain asset bubbles which everyone knows one is building in the housing sector and also to reign in debt if it starts getting out of control. The household debt of Malaysia is high as everyone knows and BNM may look at using its monetary policy to contain it too.

A lot of people who get into ASB loans make the assumptions that the table that banks print out is cast in stone when it is not. Everything revolves around the BLR-discount % which means that not only can the margins can go up, it can also go down.

Before tying yourself into an extremely long loan tenure, ask yourself what would you do if you would have to top-up the monthly installments in the event the interest rates go up. As I had mentioned earlier, OPR can go either way but at this very moment, there's more potential upside as compared to downside in terms of movement of the OPR.

The latest development also does indicate not only towards a shorter loan tenure but also including ASB loan deductions as part of a person's commitments/liabilities. If and when it does happen, than remember that your ability to take loans in the future may be restricted accordingly.

some others bank look the Asb loan as a commitment, so it will difficult when to apply another loan such home loan,etc in future.



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http://brunialamira.blogspot.com (ASB gue)

Correct, different banks different policy

This post has been edited by davinz18: Oct 17 2013, 08:55 PM

Any info about ASB 2?