Quick question. How do they calculate for compounded dividend for those who borrowed loan for ASB investment? Since the bank holding the cert and borrower holding the ASB book. The compounded dividend will be based on the cert+book balance right?

Mayb those with solid knowledge can enlighten me on this question;
I heard gov will impose tax for any unit holders selling their ASB units. This includes other unit trust funds. Is this true?

Thx in advance.

Thanks for the suggestion, I was just thinking since I still have few days AL to bring forward to next year, I should have utilize it and maximize the chances to get some units...Is that true 2nd January will have more people selling off their units?
Sorry, my mistake...I typed that msg when I was still in office yesterday, I have checked my passbook, it is a shinny gold coloured "Amanah Saham Malaysia" 

How does the bonus work?

if i credit amount to my AS1M on 2nd of Jan, can i still get dividend for the month?

Please don't deposit at the counter on 2nd Jan la... use online. There will be tooooo many people.... I don't think you are going to get dividend for Jan anyway since its already 2nd.

But if you do, go and snap some pictures and post here.

Just do it online..

Nope. I havent. Can i? Do they allow?

how do you do that actully (request for limit upgrade), I heard you can do it but I get different responses from different people, one bank officer told me its not allowed anymore. Is it still possible to request?

Wal lau wehh, the manager never heard before of PDPA? I remembered the banks have been practicing it and PNB has started to do the same this year. Hopefully she doesn't get into trouble

u must be very2 important customer to the branch. u give a lot business / do "huge" transaction at the branch?    that's why "special" services 

Hi,

I need some enlightenment here. Currently which Amanah Saham can be purchased, i mean get an account then top up.

Thanks.

 

should i invest rm3k monthly in asb or pay loan of a apartment rm285k for 10 yrs?

i read from other sources, they recommend to fill ASB first then go for property. reason, its hard to get rental yield % that equal or greater to ASB.. your thought?

after asb penuh, put in asm, good?

On the maxi investment allowed per account, did a quick check as below.

There are many holders with millions in there. Some may be because they started with the RM200K right from the start and over the years the amount grows to the millions. But can also be due to inherited amount.

Looking at the table, for ASM & ASW, the millions can be explained by the duration and/or the inherited amounts. But for AS1M, the difference is 6X (cf 2X for ASM & ASW). My wife mentions one of the ASX was open to all with no limit some years ago. Maybe it is due to that.

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Cheerio.

P/S Yes, I know, the dividend rates I used are not 100% correct.

what i meant is that one just need to wait for 24yrs & of course we must have that rm200k on hand first

I think you are surprised that 200K can become 1 million after 24 yrs. That is the power of compound interest. Einstein called it the 8th wonder of the world!

Just to tease you a bit, after 40 years at 7%, the 200k will be 3.2 million!

Cannot be?

Cheerio.

i believe u    

ASM still got quota till now?  I tot just for certain period only, then open to all?  

I'm kinda worried about this. I'll be marrying my gf soon and we're both teachers, so we'll have around 5K combined salary for each month. But I'm really afraid of taking out a loan of 200,000 and putting it in ASB in case something happens with the value of money, thus rendering our investment worthless.

I really want to do it, but I just don't have the guts.