Cheee, I thought what . What bank you have? Then open there lor.

ASB = Amanah Saham Bumiputra, ASW2020 = Amanag Saham Wawasan 2020, ASN = Amanah Saham Nasional. Yearly divided (Profit gain by doing nothing)

Up to u lor RM1 also can i think

I think ASB service provided. If i'm not mistaken lor. U can always check.

Sorry wrong post

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Added on February 6, 2007, 8:14 am1. Been working since 15 years of age.
2. No girlfriends (Which save me right up to 99% of my saving). Recommended for
people wants to gain RM500k before age 25. At age 25 I already have RM675k
in my ASB+ASW+Tabung Haji. Of course parents help as welllah. With this u can
escape from incometax. Been doing it 15 years already.
3. Most of things (Like food, place,car,petrol etc fully sponsored by parents)
4. When shopping always bring pen and paper. Each item you about to purchase
list the pros & cons before purching. By doing that, I always end up buying
nothing since lazy to list down.
5, Once you receive salary bankin and cut your atm card (Only keep your bank
book). Ask your parents to keep in. Only use the saving when u in critical
situation (Means dying)
6. Never leave your parents house. (So rent free)
7. Always think about yourself. Ignore others. Set target where only you in the
picture. Maximize the opportunity of using your parents money. Pity them less.
Because soon or later they will go anyway. So all the assets goes to u anyway.
8. If possible try to ignore EFP + Soso or what so ever to avoid record with income
tax.
9. Say Big No No to credit card, mutual fund, Stock, Unit Trust, MLM, Loans etc. (
Unless you fully understand what you want to get involved then ok).
10. I know it sounds selfish but that's the only way for you get gain RM1M+ before
age 30 unless you have business. My next door neighbour gain RM4M as in
saving already by doing business. He's only 21 years age. Dam jealous of him.

This post has been edited by doremon: Feb 6 2007, 08:16 AM

Buy a house. . Nolah is all self satisfaction. After 1M i just keep 5 year fix deposit at citibank. Get a special rate interest. I'm doing this to boost my self confident. U think is easy to get RM1M before age 30 + tax free?

ASB max is RM250K means u can put right up to that amount. ASW not sure but i have more then RM250k in there. Self satisfaction is very board bro. U refering to yours, mine or other people?. Different people different taste. Now i am talking about my own satisfaction. Means i like the way it's done. Business i am not interested for the time been. Wait until something happen to my parents then i think about it. Coz a lot of things will happen when u know. Insurance, property etc is there. Well that's my life. Getting yourself involved in business is like trying to establishing yourself to people that u have money. Nowdays EVERYTHING PEOPLE CAN DO. If u have some unique product after 20 years hardwork of doing research etc, people can get your receipy in matter of seconds.

250K can grow with dividen. Even untill 10 MILLION also can . But u can only put your pocket money MAXIMUM UNTIL RM250K ONLY . Another thing is NEVER LOAN FROM BANK FOR ASB PURPOSES. At the end of the day u cry. Bank make more then you.

This post has been edited by doremon: Feb 6 2007, 03:10 PM

http://simpanduit.com/asbloan.html. Read here bro

Well, what can I say. I learn quite a few from u guys debating. Keep it up. kekekeke

I was told public mutual can compete with ASB or ASW in dividen stage. How true is that? If so i will redraw all my money is ASB + ASW and pour in one of pubic mutual fund.

Any news for end of this year percentage? I heard from people this year only 6.7% including bonus (ASB) quite bad huh.

Sorry bro. For me i rather stick with Amanah Saham coz monitored by our government + terjamin also (For Now). It's ok i rugi (For Now) on mutual fund side. I know it's good, but i don't fully understand (Yet) on how to get my foot inside. So for the time been i rather go with Amanah saham while i do my own research. By the way this mutual fund think, can we go direct rather then engaging with agents. Is just so annoying dealing with them (No offense). Always promise like heaven and if everything turn bad, they simple run off. Speaking from experience


Good luck to you too . You need all the luck that you can get.

Hummm, I assume you speak from experience? How you come out with that kind of conclusion? Care to share with us all more ? Thankz in advance

Wahhhhhhhh, like that. Make sense also. No wonder this promoters/agents ask me to invest alot, so that they get their commission. If like this i withdraw my 20K from public mutuallah and pub back in ASB . Thanks for sharing. Totally wasting my time at this public mutual think. I didn't relise i am that stupid. Government try to help us all but we ourself like to be so clever and adventures. What a waste of time and effort. Aiyo. But nevermind. We learn from mistake. This mistake should never happen again. Thanks bro

Sorry tilo . As stubborn as i am, at lease i learn my lesson. .

You can always loan mah.

Yup. Shouldn't be any problem.

Either way bro. You wanna open account there or not, you still can put you money via ASW. .

Good for you. So lucky. Now i already max out my ASB. Have to wait for ASW now. Aiyo. What the max for ASW? Is it RM20k as i recall? Correct me if i'm wrong.