Ha ha. Thanks.

Have to get my money to work harder for me mah.

But I have to keep in mind that there is a breakpoint where it will cost me more (petrol, parking ticket, etc) than trying to beat the FD rate.

So far, I am still on the winning side.

Cheerio.

I think I am lucky here. Out of the many trips I have made for the ASX, I have only seen 2 Chinese trying their luck for the ASX.

Boss, next time just show the unhelpful staff your IMPRESSIVE/CANTIK/LISTEN TO ME tatoo!

Petronas Towers Boleh! Malaysia Boleh!

Thanks.

Went through the web site looking for the return of this fund. Can't find it. Do you know what is the expected return?

Cheerio.

If I read it correctly, it means 11.98/3 = 4% average pa.

My aim is higher than 4%.

Thanks for the update.

Thanks.

Note that I used "average" and not "compound" in my 4%. I do know the difference between average and compound.

Cheerio.

P/S Another one for those who do not know this yet, try logest( ) function in Excel. Very useful tool to estimate the rate of change especially for data with big data range.

Due to my poor planning, not much bullets available for this hunting (tied up in FDs).

Good point. The one with the "oldest" maturing date can be considered but I will loose out on some $$.

If I could get 1/3 of this FD amount into ASM, then I will break even with my earlier FD termination.

Think, think, think, ....

Thanks for the pointer.

Cheerio.

OK, let me think it over this w/end and then decide on Monday.

Cheerio.

Bumi or non bumi account?

I think I tried my luck on the 6 Mar and got a 0!

Cheerio,

Can sense that luck is coming my way now.

Got 100+100+400 for my ASM this afternoon.

Small amount but still better than nothing.

Cheerio.

Like to learn from those who have tried purchasing the available units during the past dividend periods (non bumi units).



I know there is no unique pattern but what was the general pattern we have seen in the past.

E.g. if it is C, then no point in me going on the first day.

Thanks.

This post has been edited by plumberly: Mar 11 2014, 09:06 AM

Thanks for the feedback.

I was hoping for A.

Then again, D is still OK and I will aim for the 4-5 peaks in there. Just kidding.

Cheerio.

P/S I guess after 1-2 weeks, the dividend sale will be all over. Then back to the normal s l o w fishing.

Following what I heard a lot lately,

. . . for security reason, we cannot disclose that. Ha.



In layman's language, no, I did not try after my RM600 strike. Give all the staff I have troubled in the past a break lah.

Cheerio.

Congratulations!

Which ASX?

I went after lunch as well but the bank lady told me the ASNB system was not available/running.

Thanks.

The lady who told me was not the one covering the ASNB customers (I went to the side to pick up some ASNB forms to prepare for the coming ASM dividend fire sale! Ha). Maybe the ASNB counter staff was not at the counter then (like you said, "away"? Ha.

Why do they lie on things like this?

One thought came to mind some weeks ago. Some staff will minimise the strike rate to discourage people from coming back. If place X has high strike rate, then many people will be frequent customers trying their luck. So, to lighten their work load, just try all the things mentioned in this thread (system down, try once only etc) to discourage return customers.

If they could do a data check/survey, they will find some banks and some counters with unusually low strike rates while some will have unusually high strikes (> 2 * standard deviation statistically speaking). There are indeed some good staff helping their customers.

My 3 cents.

Cheerio.

For the record, I am still driving my 10+ yrs old Wira lah.

XX,000 is really not a lot considering the cost of living now. Who knows, that could be my life saving?

You are entitled to your opinion on what you see or read but please respect others and not hastily jump to your conclusion.

Thanks!

Ha ha, if XXX,000 then 2 conclusions

- yes orang kaya then
- but also stupid carrying xxx,000 cash!

Now I regret mentioning this. Maybe I was so angry, airing my frustration on that day with so many things not going my way.

Saw so many threads especially in the FD forum about 50K, 100K, 250k, etc etc.

OK, will be more careful in what I put in here now though I don't have much to show off anyway. Still driving my 10+ yrs old Wira.

Cheerio.

I see. If I see someone carrying a tissue box in the bank, then I know it is YOU! Ha.

Did some quick calcs, each tissue box can hold about RM45,000 (RM50 notes) or RM90,000 (RM100 notes).

So your 100,000 in 1 tissue box is possible!

I will be more than willing to spend the RM2 for the IGB transfer than carrying that. Ha.

OK lah, let us not make this into the email version of the US Open Tennis!

If I borrowed RM0.x million and bought an S Mercedes, am I rich? Same thing with the Priority Banking customers thing. Look deeper.

On the subject of "rich", how much is considered rich? 100K, 500K, 1 million, 10 million, 100 million???

One way to gauge is this formula (I think from the book The Millionaire Next Door)

One is wealthy when B is > 2 * A

A = age * annual income /10

B = net worth (i.e., assets - liabilities)

Then it is not a number for all but relative to one's income & expenses (one's lifestyle).


Speaking for myself, I am into ASX because it is about 2 times higher than FD.

Not into fund (I assume you meant things like UT) because of the annual management fee they charge even when the fund is loosing money! And I prefer to stay out of UT/shares now due to the volatile economy. So ASX is the best parking lot for me now (no, I am not driving a Bentley).

On fixed price vs variable price funds, fixed is better for me as I know I will be getting X% per year in dividend and not worry about the price. There are some shares in KLSE where they give one x% dividends but still making a lost due to the declining share prices. So work within my money risk profile.

My 3.8 cents.

Cheerio.