Why 180k?

Maximum fund you can purchase is 200k. And you already have 20k in ASB.
Why want to take more loan and pay more interest?

ASB has two type of deposits - passbook or certificate. right now you have certificates, which are held by the bank for guarantee against the loan amount

any dividends and bonus earned will be credited into your passbook



if you are eligible for 200k and want to maximise the dividend, take out the 20k, park it inside AS1M. it can earn you 6.7%, which can offset the interest slightly

Thanks for the clarification
So the passbook and certification are linked together?

I check my dividend all correct. I even calculated manually & it's correct.

p/s: asnb gave me 1sen extra

yes, they are. it will be printed out together with your annual ASB statement.

Yup, Cert & passbook are linked together.

if not mistaken, the yearly ASB statement got break the amount according to cert & passbook

Now need ikat perut ketat2. Already put half a thousand into ASB. bank left below five hundred.

don't be like that lar. just don't over spend & reduce the luxury lifestyle

I need to collect back all the $$ that I have invested back wayy before I withdraw. Mau cedok >RM5k. Need to compromise alot of thing. Want my parents pay me back I think had to wait forever(this is not called merungut ok.)

This post has been edited by Leo the Lion: Oct 3 2013, 12:39 PM

that is what we would call as filial piety.

okay. I wish your target will come true. Just don't compromised your health, it's your most valuable thing you know

Thanks for the advise.

2day morning had breakfast next to rhb. then just masuk rhb try luck. managed to get 400 units

after that went to buy some groceries at a hypermarket which is beside cimb. try again... no luck zero unit

having the balance rm4k plus... which was suppose to top up as1m... i decided to just dump into my housing loan...

lazy to try already. have to just wait for any extra allocation.

same here lazy to try after 3 continous day of trying to topup AS1M. only managed to topup 1350 today. will also put extra cash into housing loan...

You managed to get some units already very good yo. Others people trying everyday also cannot get, you know

Anyway you did the right decision to put the extra cash into housing loan

yup lucky on my side. so far from 1st Oct till today managed to have 4230 topup into my account. Before my turn just now , there is a chinese old man uncle wanna topup but not success. he got a lot of different passbook judging from the color.

oic, then you're very lucky indeed

One thing I hate most when there's old uncle / auntie before my turn for top-up ASx. Why? because they would bring a lot of passbook (diff ASx scheme) & try2 until the staff very angry & no mood. When my turn comes, there's no units or the staff no mood to check or "layan" me. True Story yo

Asking this again since I did not get any answer/advice on this.

Quick lame questions.

1. How those who took up ASB loan, we can actually pay more to reduce the principal once we have the money right?

2. Should I use the additional money to reduce ASB loan principal or look for other investment?

depend you your personal opinion. ASN3 and ASG give quite high dividend too.