can anyone shed more light on ASN 3 performance? Has anyone invested in that?

Thanks for the reply. So I just walk into a bank to open an account?

Thanks for the reminder, so I assume these funds are not fixed price? I'm still on the fence on this

then what about those posting common / noob / already mention question like
1. is there any fund available for non-bumi
2. can open new account
3. where to open
4. min & max we can invest
5. if ASB already max, will they calculate only 200k or all the balance in the account
6. difference betwen ASG & ASN3, which is better
7. how ASNB calculate the dividend
8. why need to pay 5% SC

& lot more 

Yes, I see your point. But I share the same belief with one wise apek that prefers company that sells consumer staples with strong brand names As long as that company is able to sustain its economic moat, that wise apek prefers to hold on to it forever. I think Nestle is one example of that sort of company in Bolehland. I expect the profit/upside potential of this stock is more than that can be offered by ASx; even if it's only on paper.

With ASx (especially the fixed-price fund), either market bloom or doom, the RM1 is always there. We wouldn't know the exact figure when the economy is good or bad because PNB controls the the price (maybe to enable the funds to have adequate amount of units to accommodate mass withdrawal during crash periods). As a result of that, depositors will receive average returns.

I'd love to associate myself with Nestle for some pleasant & respectable return, and will still hold on to ASx for some moderate & acceptable income. Either way, I find it comfortable to invest and grow my money

4% pa rumour is new to me. Tell me more please. Started in the old days or something recent?

Or they know something which I don't, some inside news?

Cheerio.

Cause feeling like wanna withdraw soon as i will need money in next year time.
initially was planned for 1 year investment, but i guess 1 year time will i get some profit or still losing ?

Newbie with ASNB. I thought cannot even open new accounts for fixed price fund. Unless there is new fixed price fund introduced or fund add'l units introduced/expanded. Is it true ? 

What if you and family member take 2 no. Family goes first to sell say 100units. Then when your no call and the 100 units is still there, can open account?

Cause I know one bank clerak say can open. Some more willing to try for me. But must see have units or not. Can this way work?

Need your advice guys..

ASG kesihatan (RM 40k bought)
1.1771  bought on this with this price on July 2014
1.1382  market value now

Now i owe credit card around 10k, should i withdraw ASG to pay credit card ?

1. withdraw take how long ? instant ? can withdraw half investment only ?

2. keep the ASG and pay the interest on cc card better or inverse ?

Sad sad..

Fixed price funds in HOT demand now as Bursa heading south everyday

If u r mid/long term investor, dun worry on temporary drop

I am no expert but let's do some arithmetic here

for 40k your total shares bought would be 33,981 at the price of 1.771. Assuming you withdraw total sum you invested, you stand to gain 38k, which puts you at a loss of 2k.

Why don't you consider paying instalment instead? there is a small interest (8%?) but at least its better than paying 18% interest charges if youre paying min pymt's

talk to your bank, maybe you can plan clearing yr pymt for 6-12 months instead of paying a lump sum

I observed that for the past week & this week, the variable price fund didn't drop much. few cents only.. I wonder why?  but bursa drop like 

depend on your entry price & current price (when u want to sell).

example is entry price 1.05 & current price 1.20, means u profit

if entry price 1.18 & current price 1.13 means u loss 

My 2 cents ...

Cost averaging will only work if the future price is higher than the current price, not a sure win strategy. 

Personally, I prefer to stay away from this often mis-used concept. Some good reading material on the web on this CA.

Cheerio.