good time to buy ooooohhhhhhhhh expected to bounce back when KLSE up. Today KLCI drop top 1702 (if not mistaken), yesterday was 1808.


And by the way, the fixed price fund, you will never know what is the actual value behind.....

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

Close @ 1796 today
It doesn't matter wat is actual value coz current buy/sell is RM1.00 each

daw jones

The unexpected debt is new debt recently..

can i withdraw RM20k or half only ?
the market value now is very low is it ? withdraw now seems stupid..
however month end will come the credti card interest = =

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

u can withdraw any amount u want. just make sure u have min balance kept (rm100), if not acc closed

I so sorry, but u invested when the price is high (also KLCI on high side). now have some "market correction".. but it's not over yet. I think still long way to go

I think better clear off your CC debt 1st

So if I am keeping my ASG for 3-4 years, it is good choice (better than fd?)?

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

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

no, I suggest him to clear the debt instantly to avoid any % charges on him

1st - even ASG announce 8% he will also lost 3 % at SC and haven't add the 8% of interest of the debt. thus more lost.
2nd - having a good habit. I noticed people around me having this mind set. like what you mention. letting the bank to charge 8%. they never realize this becoming the plague and the accumulated debt become more and more.

@bumble bee, do you have any other FD or SA to be use instead of this? Because in investment rule you must have at least 6 months of saving in low risk and it can be taken out at any time at not lost, eg-FD or SA.

just wait ba.. maybe after deepavali will bounce back..

partly correct. you forget the dividend pay.
if dividend yearly ~6%, and he accumulate for at least 5 years, he already gain.

Yes, I was thinking the same as Ancient-XinG. Depends on how much dividend was given over the years and the price difference between entry and exit price.

Can we check the statement online? Using maybank to buy as1m few year ago. Never update the book since then

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.

I asked RHB on the online acct. Answer is no online account to view statement for ASNB funds. Passbook based. Other sifu ?

This post has been edited by bbgoat: Oct 15 2014, 11:10 AM

Maybe can try the credit card transfer at 0% interest for 6-mths? Can buy time for rebound.

thank you for so many responses and advices
I don't have other FD or SA.
I not sure the cc charge percentage.

My plan is:
1. wait till next year april and see the rate for sell or not. at least i can get the dividen to cover the lost ? after dividen, the market price will drop usually is it ?

2. balance transfer looks like having some hidden cost, so i think not to try. I will try my best to pay as much as i can to CC and keeping my ASG.

yeah, totally forgot about dividend. but according to some sifu, it's also counted into NAV thus we need to calculate entry price & selling price only