QUOTE(500Kmission @ Dec 31 2013, 06:43 PM)
your wish may come true in 2014 This post has been edited by davinz18: Dec 31 2013, 08:34 PM
ASN, ASN2, ASN3, ASG, ASB, ASW2020, ASM, ASD, AS1M, AMANAH SAHAM NASIONAL BERHAD V4
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Dec 31 2013, 08:34 PM
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#401
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7,142 posts Joined: Oct 2008 From: Sin City |
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Jan 1 2014, 12:27 PM
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#402
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Jan 1 2014, 01:03 PM
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#403
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QUOTE(MGM @ Jan 1 2014, 09:01 AM) 2013 was a good year for Bursa's Blue Chips with FBMKLCI gaining 11%. This is the time when some of us who had given up on the Market to kick our own butts for not being more adventurous and depend on ASNB's funds and the only consolation is to hope that this will translate into better returns in 2014. Happy New Year 2014 2013 was a bad year for gold which lost 28%, for silver -36%, so still better to be in ASx, hahaha. Other markets in ASEAN actually not doing as well as Bursa: Singapore’s Straits Times Index rose marginally at 0.01%, while the Jakarta Composite Index slipped 0.98% and the Bangkok Stock Exchange fell 6.7% Happy New Year everybody, hope 2014 will be a good year with lots of money in the pocket to counter 'Barang Naik'. Actually some people made loses eventho KLCI gain 11%. The most teruk one is Reits. if u realized, some of the forumer that own ASx fund are also invested in stock market. What I can assume is that they kept their ASx fund as "back-up" if their investments in stock market turn into losses. Some of them also kept in FD for the same reason. just my 2cents opinion |
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Jan 2 2014, 03:23 PM
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#404
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QUOTE(plumberly @ Jan 2 2014, 11:17 AM) Yes, agree with your comment on the "back up" fund for most people. yea I know those ASx fund are also invested into shares but normally their allocation around 60-75% depending on situation. One question came to mind the other day. ASX are also heavily into shares. So if sharesgfo south, these ASX will also suffer. But with govt's magic hand in there, the impact hopefully will not be that bad or severe for the ASX. I hope. Ha. don't also forget the CEO "famous" quote "we can give more than x sen announced, but we kept the balance for next year", meaning the fund have some reserved income if the next year stock performance is bad. That's why u see the fund especially the fixed price one gave stable dividend income eventho the market is down |
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Jan 2 2014, 05:06 PM
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#405
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Jan 2 2014, 05:31 PM
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#406
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QUOTE(cybermaster98 @ Jan 2 2014, 05:16 PM) QUOTE(toccata @ Jan 2 2014, 05:22 PM) 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? I not sure now can do it. I've heard people doing it before. better ask ASNB HQ office staff, maybe they can help. (don't go branch or agents) |
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Jan 2 2014, 06:57 PM
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#407
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QUOTE(backspace66 @ Jan 2 2014, 05:51 PM) what upgrade you are talking about, it has been discussed many time that the initial limit is 200k. but this is for fresh fund. The divident+intitial 200K is allowed to be compunded without limit. I heard what people say. got few people said the same thing about "upgrade", need to write letter to ASNB etc. something like that. That's why I posted here |
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Jan 3 2014, 12:04 PM
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#408
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QUOTE(Leo the Lion @ Jan 3 2014, 11:04 AM) Since Johor cuti Friday and Saturday... I went to maybank and withdraw RM1k(since something came up. Fking people like to ruin my investment. Sigh). I actually dont want to draw any kind of money but I had to. Seriously pissed off. wah so much people Anyway, queue is sooo long. My number is 109. Currently is #72. Waited an hour already. [attachmentid=3798243] [attachmentid=3798246] people taking advantage from Friday holiday to withdraw ASB money. luckily banks open today, don't follow Johor weekend holiday |
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Jan 3 2014, 12:09 PM
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#409
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what they do with the "reserved" income / income carry forward to next financial year? I sure they would do something with it to get more profit?
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Jan 3 2014, 02:39 PM
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#410
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Jan 3 2014, 02:42 PM
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#411
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Jan 3 2014, 03:24 PM
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#412
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Jan 3 2014, 03:32 PM
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#413
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Jan 5 2014, 01:33 PM
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#414
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Jan 5 2014, 10:15 PM
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#415
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Jan 5 2014, 10:17 PM
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#416
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QUOTE(plumberly @ Jan 5 2014, 09:31 PM) 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! Too bad I cannot get ASB for Now, future maybe I can get if I marry to... Just to tease you a bit, after 40 years at 7%, the 200k will be 3.2 million! Cannot be? Cheerio. |
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Jan 5 2014, 10:20 PM
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#417
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Jan 5 2014, 10:32 PM
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#418
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Jan 5 2014, 10:46 PM
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#419
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Jan 5 2014, 11:05 PM
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#420
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