most probably he has another 50k in cert.

although tabung haji can sometimes surprise everyone with 9% return (2013 example), he'd be better off parking all his cash in AS1M. bumi allocations are always available

and the returns are consistent at around 6.7%

as usual, bonus declared 1.0%

i am getting getting less than 0.45%

this proves my point again that u should ignore the Bonus payout from any ASB profit calculations.

account holders can always check their fund limits at the counter.

i can confirm that the sijil is calculated together into your initial investment limit

if it doesn't pose you any problem, why bother to push your issue here?

everyone has been saying the same thing, but you insist on your own theory

it's what everyone has explained. your dividend gained allowed you to invest more capital

if you need further clarifications, u can always post your passbook & cert here, and we can see what actually happened - but you are reluctant to do so

why don't u just post a pic of your passbook here

and do you hold the cert? or at least a copy of the cert?

i can confirm it is 200k

i've been trying to increase the limits for my clients for the past 5 - 7 yrs. met ASNB branch managers and there is no such option or application or anything of sort

if you have 200k and do not wish to service a loan, why make the loan in the first place?

if you do that:

1. you will get the early termination penalty
2. you will lose 1 month dividend (let's assume div = 8%, thus 1 month div on 200k = RM 1,333.33)

again, my question is why?

if you want a sijil, u can just convert all your ASB deposit to sijil. it's easy as that. anyone can buy sijil, u don't have to go thru bank or need to obtain a loan to get a cert

and again, my question, why sijil?

there's no diff in sijil and also passbook deposit.

your initial limit will still be 200k.

the additional limits will be accrued from your dividend

don't confuse those two.

when u get the annual statement from ASNB, there's a column where it says how much more you can invest

later tonite i upload one example

starting in 2013, with the annual statement, yes you can check



if it's 0.00 (in the white box below), that means you have invested RM 200,000.00





This post has been edited by lucifah: Jan 11 2014, 08:53 PM

yes you can.

so far only ASB has investment limits

the picture is for others who doubted their investment limits, which has been the topic of discussions for the past few days

it will affect your next dividend payout

let's say you have 100k in ASB

then for jan 2014, u have 8% dividend = rm 8,000

your new balance = rm 108,000

if you withdraw your dividend, yuo will be left with 100,000

if you keep your dividend, it will be rm 108,000


so come jan 2015 (say again another 8% div), if you w/draw your div, your 2015 div will be calculated based on the 100k = rm 8,000

if yo don't w/draw, then it will be based on 108k = RM 8,640

for 2015, it's rm 8,000 since the dividend is based on the total balance of rm 100k.

you have to understand from my example above, your dividend is based on the BALANCE of your ASB account (which is your principal + whatever dividend & bonus accrued). if it is based on your principal investment alone, then my clients would not be receiving a 72k payout



This post has been edited by lucifah: Jan 12 2014, 11:43 AM

it's only 1 passbook

other clients' have their own pass books. nobody shares anything. i just help them go to bank and top up, update and all those normal office boy stuff




This post has been edited by lucifah: Jan 12 2014, 12:59 PM

i merely removed the offending pics. some forumers are nic enough to even edit out the balance they saw. thank you popice2u