finally updated my ASW passbook at post office for the first time since 1997. But i notice there wasn't any dividends between 1998 to ~2003, is it the same for the rest of you?

Yup coz they paid dividend via cheq

I see, thanks for the clarification..

bad choice

u will end up with just the 400k u have with your wife

the rest will either squander the money or their sons and daughters will claim the money as their own

u would better put ALL under your own name and your wife (if u trust her)

1. 400k in ASB
2. the rest in AS1M

that is the safest choice if you are very lazy to take the risk of real estates

sorry, i am not very familiar with ASN products

He has his own house.

How much max can a person invest in ASB,and now there is ASB2 rite?


thanks in advance

An individual can invest up to RM200k each in ASB n ASB2

are you sure rm200k coz my auntie invested rm400k plus wor?

RM400k+ fr cumulative dividends
RM200k for those who start to open a/c n invest

but see invested one lump sum 400k plus.

Means she ntitle to dis limit b4 d withdrawal

still 200k max principal in ASB

kolek +1

read up a few pages back to see the many explanations as to why some ASB account holders can have very big balance and / or can deposit <200k in one go

Hi guys, just need some advise.

Say I have a few thousand.. not tens of thousand.. just a small amount... say 5k in my Bank account (savings).

And I won't be using/needing it in the forseeable future... should I just leave it there or would it be better to just put it in ASB since I can still withdraw at any time.

I know its a small amount but it's still something.

Advise? Thanks.

Like they say, a picture is worth a thousand words (and it tells a better story too!).




After 10 years, your RM5K will be

RM5,803 in saving

RM10,795 in ASB

Which one do you prefer?

Cheerio.

thanks for the wonderful graph bro.

That's what I thought... coz I have a few thousand that I forsee I won't be needing any time soon.

Coz no commitments, and currently still living with the folks.

So I thought, why not just put in ASB and when I need it I can go to the bank and withdraw.

Wonder if there's a downside to it.

My layman's view/question on ASX's downside is, will it continue its good return if there is a change in the govt?

Don't know whether once you have an ASB account, will that affect your application for assistance from the govt? E.g. BR1M?

Cheerio.

I mean Maybank Savings account only gives interest max at 1.66% p.a.

I can't imagine ASB ever getting that low a return.

If u read pg 1, ASB lowest div is 7% in yr 2008

Yea I know. Thats why I say la is there a downside to say transferring rm5k from savings to ASB? since it give about RM200-300 more in dividend... a small amount but still its something.