Oh dear. Then I pity the "unlucky" staff who will be serving me next week as I have 4 to change, my wife's, 2 sons' and mine.

There must be a very good reason why they are changing the passbook as it is costing a lot of money and staff time. More to it than what our eyes can see? Ha.

if it is a fixed price like ASM, ASW, or AS1M, i dont think it is wrong to say your capital is preserved.

You buy at RM1.00 and the price is always at RM1.00 whenever you wanna sell, how can you lose you capital?

Cannot be compared to FD yes, agree becos FD got PIDM.

Original plan was to do that tomorrow, a day after they are ready (time for them to have everything in place and also for them to be familiar with the changes). Ha.

With the change in school starting date from 5 to 12 Jan, plan 2 is now to do that next Tuesday, hopefully less people being middle of the month and not start of the month.

go buy amanah saham now, people selling

i managed to get 1k AS1M yesterday....seems like AS1M is the EASIEST to get for Chinese...

btw I only try whenever I am free la and di samping doing other chores at bank...I don't purposely go try every time...very time-consuming

Try to top up ASM by using new passbook at Pos today
Pos informed systems don't recognize 12 digits a/c no as max is 9 digits   

Just came back from ASNB. Kosong. Office there was also kosong. No one was there. They even asked me to change my ASM passbook. Ha. But I only brought my sons' passbooks. Pity!

Yes i just want to go and update my book to make sure everything is ok bcs i didn't use it in a while. Will i need to wait more then a hour for this if i go during lunch time on monday??

now already can withdraw the money huh?

That Friday I went, then I see line is already at the stair.

Then I thought, if they hav to line outside, inside must be packed.

Then I go to book update counter, at least want to see thousand ringgit in the book. Wow, maciam pesta wei. The got the number, 9204. I ask opiser, now what number? He said: 9088.

I leave coz I aint got time for that. But at least I can see how pack ASNB on its heyday.

My reaction to the opiser:

Tak pe lar bang, saya datang minggu depan aje lar.

But, before I leave I take some brochure.

Just knew that we have ASB2

Also can see the NAV for ASN2.

I dunno but I can feel ASB2 < ASB1 in term of return.

But, these fund is magic fund. They can manipulate so that ASB2 perform better than ASB1 to attract investor.

Depend on situation. If both account have same performance, might invest some in ASB2.

Or might also go into ASN2 to taste a bit capital appreciation.

Many plan, limited money, so thrilling

Again its about diversification of investments. Ive got 40% of my funds invested in property, 30% in ASB (maxed), 10% in unit trusts and 20% left in EPF.

If ure thinking of going into unit trusts some of the better funds are Kenanga Growth Fund, Eastsprings Small Cap or KAF Global Property Fund.

My wife raised one issue with the new ASM passbook which I think is not a problem. Just to be certain, like to know from those who have changed to the new passbooks.

You need to close the old account. Open a new account.
Question is, what happens to the dividend?

My line of thinking is, if the balance in the old account is RM10k, then that 10K will be transferred to the new account. Interest will be calculated for the period in the old account and also for the period in the new account.

My wife does not think so. She fears one may lose out on the interest earned in the old account if that interest is not carried and stated in the new account now. My wife used to work for a bank and the methodology they used there is different from what I have described above.

Any one?

I heard that it could be  troll