I don't have ASB2 data.

But if it is like ASB, I will not wait to go for ASB2 (ONLY IF I COULD) as ASB has been 1+% higher than AS1M for the past 4 years. And that is before adding in the BONUS!

Hope sifu can help me here.

ASM has 17.042 billion approved units. But in 2014 dividend report, they stated -

"The income distribution will involve a total payout of RM947.10 million benefiting more than 530,000 unit holders who currently hold 14.34 billion units of ASM."

There is no bumi & non bumi quota for ASM. Then how come there are still unsold units in ASM (17.042-14.34 billion)?

They keep the free units for future dividend allocation? Cannot be.

Cheerio.

CONGRATULATIONS!

You must be a very preferred bank customer where they provide this special ASX service for you! Ha.

Lots of ASW on fire sale in the last few days. Wondering why?

Cheerio.

Ya, possible.

Surprising. I see.

What if the sold units quantity is the same as the approved units quantity? They ask govt for more approved units? Have they done this before?

Cheerio.

You have a very good bank. Looking from your bank's eye, you must be one very important customer!

Which bank is that?

Cheerio.

Any stories to share on Budget 2015 on ASX?

I have a look at the MKini's summary, nothing on ASX in there. Pity. Maybe I missed something?

Cheerio.

I tried at least 6 times during the recent ASW and AS1M dividend harvest days. No success with their infamous reply - Not possible.

But I will keep on trying till the day comes! Ha.

Sorry to hear about the twist in your $ journey.

Do you know how much you need to pay if you pay via the credit card route?

If the difference between ASG return and credit card charge is huge (say, 8% vs 18%), then I suggest to partial withdraw from your ASG and pay off the credit card.

Find out if there are any hidden charges for the credit card route and ASG withdrawal.

Be mindful of your expenses and live within your means. I strongly recommend having a daily expenses spreadsheet to help you in your $ building journey.

Cheerio.

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.

Just airing my frustrations over this marketing tool used by UT agents.

I was already anti CA when I first saw it many years ago. Illustrations they use paint a rosy picture. But they use the data they need to paint the rosy picture.

Read some books by foreign authors who caution on blindly following the CA strategy. If I remember correctly, even our local guru (AAli) also cautions following CA blindly in his recent book.

Cheerio.

CONGRATULATIONS!

Look at it from this angle : 600*0.065 = RM39 per year.

For that effort, you will be getting 11 cts/day for the rest of your life! Wah! Worth the effort!

Cheerio.

Smart strategy. Reminds me of Coppock's reversal method. Go in after there is a reversal pattern in place. Of course, it can still go down down later. Life is tough.

This post has been edited by plumberly: Oct 16 2014, 07:33 PM

Thanks.

For EPF, RM0.00

But may have to do it for my peace of mind. Ha.

I heard that updating passbook does not count as an activity as far as the 7 yrs in-active account goes.

Need to have account holder doing withdrawal or deposit transactions.

Yes, weird ruling. That is what I heard form my wife who used to work in a bank.

Cheerio.

Happy, triumphant and joyous Deepavali to all!!!

We don't have a public holiday tomorrow in Sarawak.

This post has been edited by plumberly: Oct 22 2014, 09:01 AM

Tried today and got RM200 AS1M. Wanted to see the catch size while majority of the fishermen/women in W M'sia are on holiday!

I guess not many sellers in E M'sia and thus smaller catch as well.

I think PNB is closed in WM but opened in Sarawak & Sabah as Deepavali is not a public holiday here.

Banks, PM were opened today here.

Just get IT guy to look after the computing system at HQ and branches here can operate like normal.

My sister works at HL bank here. I pity her as she has to go to the office even though it is public holiday in Sarawak BUT working day in WM'sia. Why? I guess they need some interbanks check on some customers' transactions across the sea.

This post has been edited by plumberly: Oct 22 2014, 08:18 PM