thanks advise, great

Does bank now accept 1 year advance RM 15k for AS1M (200k) & RM15k for ASB2 (200k)? (since already have ASB)

Year 2010 with upfront 3 months advance I managed to open ASB, has the rule changed ?
Does the new BNM rule applies for PNB loan : Maximum personal loan repayment period of 10 years ..TIA

We'll know once the dividend paid next year.

ASW2020 I am sure it is fully subscribed by bumi quota...

Thanks for your information

I don't think there's loan for AS1M & ASB2 for now all need to use own money

If there were such on offer, guarantee take up rate 200%

if there were loan for AS1M, I'm one of the 1st to apply

I'll be lining up right beside you

I am thinking, does the loan do actually help our economy to grow? I come across some of them, when having 200k loan, they are quite burden.

Received back RHB rebate of 2.5% SC of ASG fund. That was after about 1 mth of purchase. Well not as good as 2% SC but good enough for me. The promo is until end of year.

Monthly instalment will affect individual DSR if he/she intend to take up personal/HL/HP/etc loan in future

Is there any min investment sum to qualify for d rebate?

Not sure of it. Probably no as I bought small amt of one of the ASG funds out of the 3 and still get the rebate.

oh, normally i just bank in when it's almost month end. around 25-28.

because, i didnt know what's the difference.

i mean, every month bank in, then ok right

It depends on 3 things:
* the amount
* the day difference
* the person

Let me use 1 example to illustrate.

Amount = RM50k
Time either on 1st or 30th of the month
Available saving rate for the short period = 2% pa (guessing here)

If one puts it into ASB on 1st, he will not get any extra dividend.

If one puts it into ASB on the 30th, he will get (from depositing the amount in a bank)

50,000 * 2/100/12 * 29/30 = RM80.60

Like William says, it is the lost opportunity cost. In this case, RM80.60 in lost opportunity cost.

The 3rd factor I stated above is "the person". It depends on THAT PERSON whether this RM80 is worth the hassle or not. Ha.

Cheerio.

This post has been edited by plumberly: Oct 25 2014, 03:28 PM

they give back cash or additional units credited into your ASG account

This is RHB rebate. So cash rebate into my SA.

so if no RHB SA, they give cheque

Hi, i have a question here since i'm quite new to investing. For all the funds listed in the first and second post, item 1-11, it's all full for non bumi right? We have to ask them each time we visit the branch if there's more slots, correct?

3-6 is available for All incl non-bumi

while 8,9 & 11 are full currently for non-bumi (so u need to ask at the counter if there's any unit available)

There's none, since this offer is to beef up RHB's portfolio hence the discounted admin fee by BNM.

Since when BNM give discounted admin fee?