i have an invesment in ASW 2020 which only rm 100 since year 1996

when i was a kid. today i received an statement indicated tht now total

value is rm RM 157.35. So it is consider a good invesment or not


PS ://are we gonna wait for "next opening" in order to increase our invesment ?

This post has been edited by yks8845: Nov 18 2008, 02:34 PM

Definitely yes so far as our country don end up like Indonesia, Philipines ....

You applied for RM10,000 personal loan with interest 7.05% for 5 years, the monthy payment is RM226, after 5 years total amount you paid to the bank is RM13,560. Total interest = RM 13,560 - RM10,000 = RM3,560

Assuming 7% p.a dividend from ASB:

Scenario 1 (Taking personal loan 10k)

1st year: 10,000 + 0.07x10,000 = 10,700
2nd year: 10,700 + 0.07x10,700 = 11,449
3rd year: 11,449 + 0.07x11,49 = 12,250
4th year: 12,250 + 0.07x12,250 =13,108
5th year: 13108 + 0.07x13108 = 14,025

After 5 years total money you have in ASB = 14,025 - 3,560 (interest paid to bank) = RM10,465

Scenario 2 (Use own saving, monthly contribution to ASB)

If you use your own saving, for 5 years with RM226 per month = 2,712 p.a

1st year: 2,712 + 0.07x2,712 = 2,902
2nd year: 5,614 + 0.07x5,614 = 6,007
3rd year: 8,719 + 0.07x8,719 = 9,329
4th year: 12,041 + 0.07x12,041 = 12,883
5th year: 15,595 + 0.07x15,595 = 16,687

After 5 years, total money you have in ASB is RM16,687

Choose for yourself

So, if you can religiously pay RM226 per month.. why you need to loan?

This post has been edited by bongkersz: Nov 19 2008, 12:07 PM

This year's ASW interest not yet announce right?

hmm .. u r right .. id calculate wrongly i guess ..

because
http://www.rhbbank.com.my/personal/loans/asb_financing.shtm
blr = 6.75
blr - 1.25 = 5.5
if you do 7.05 vs 7.0. of course 7.05 is more.
borrow RM xxx at 7.05% to put in ASB at 7%
that's crazy
borrow RM xx at 5.5% to put in ASB at 7%
that is smart

btw, your calculations are wrong

If you use your own saving, for 5 years with RM226 per month = 2,712 p.a
1st year: 2,712 + 0.07x2,712 = 2,902
wrong calculation
at 7%
its (RM226 * 1/12 * 0.07) + (RM226 * 2/12 * 0.07) + ... (RM226 * 12/12 * 0.07)
dividend is on a monthly basis. based on lowest amount for that month.
dividend for borrowing and putting 10k in august vs
dividend for putting 2k in august, 2k in september, 2k in october, 2k in november, 2k in december
10k in august will get more dividend

correct me if i'm wrong.

---

Added on November 19, 2008, 9:07 pmi'm with you
the link died
i did some digging
and i found an archive
http://web.archive.org/web/20070916041544/...om/asbloan.html

(a) the author did not take into account COMPOUND INTEREST
the author said something like this
put in 100k in asb
every year 7%
every year get 7k
which is wrong

(b) at that time the rate was "BLR + 0.5% (iaitu 6.9% setahun) "
6.9%
6.9% loan vs 7.0% return
tough fight.
but now the rate is
http://www.rhbbank.com.my/personal/loans/asb_financing.shtm
BLR - 1.25
6.75 - 1.25
5.5%

5.5% vs 7.0% return

anyways

i use this to calculate repayment
http://www.bankofinternet.com/amortization-calculator.aspx

my calculations also say that,
if you roll the money

year asb div div used to pay loan
1 100,000.00 7,000.00 0.00
2 107,000.00 7,490.00 0.00
3 114,490.00 8,014.30 0.00
4 122,504.30 8,575.30 8,254.68
5 122,824.92 8,597.74 8,254.68
6 123,167.99 8,621.76 8,254.68
7 123,535.06 8,647.45 8,254.68
8 123,927.84 8,674.95 8,254.68
9 124,348.11 8,704.37 8,254.68
10 124,797.80 8,735.85 8,254.68
11 125,278.96 8,769.53 8,254.68
12 125,793.81 8,805.57 8,254.68
13 126,344.69 8,844.13 8,254.68
14 126,934.14 8,885.39 8,254.68
15 127,564.85 8,929.54 8,254.68
16 128,239.71 8,976.78 8,254.68
17 128,961.81 9,027.33 8,254.68
18 129,734.46 9,081.41 8,254.68
19 130,561.19 9,139.28 8,254.68
20 131,445.80 9,201.21 8,254.68

after 20 years, you get 131k
you pay 8,254.68 for 3 years

if you use your own cash
ASB PUT AFTER PUT DIV
1 0.00 8,254.68 8,254.68 577.83
2 8,832.51 8,254.68 17,087.19 1,196.10
3 18,283.29 8,254.68 26,537.97 1,857.66
4 28,395.63 0.00 28,395.63 1,987.69
5 30,383.32 0.00 30,383.32 2,126.83
6 32,510.16 0.00 32,510.16 2,275.71
7 34,785.87 0.00 34,785.87 2,435.01
8 37,220.88 0.00 37,220.88 2,605.46
9 39,826.34 0.00 39,826.34 2,787.84
10 42,614.18 0.00 42,614.18 2,982.99
11 45,597.17 0.00 45,597.17 3,191.80
12 48,788.98 0.00 48,788.98 3,415.23
13 52,204.21 0.00 52,204.21 3,654.29
14 55,858.50 0.00 55,858.50 3,910.09
15 59,768.59 0.00 59,768.59 4,183.80
16 63,952.40 0.00 63,952.40 4,476.67
17 68,429.06 0.00 68,429.06 4,790.03
18 73,219.10 0.00 73,219.10 5,125.34
19 78,344.44 0.00 78,344.44 5,484.11
20 83,828.55 0.00 83,828.55 5,868.00

this is at the compound interest of 7%
actual div is less for year 1,2,3 coz dividend is monthly balance


this is assuming that if the blr increases, the asb rates increases as well.
anybody got statistics on blr vs asb rates?

This post has been edited by ttwangsa: Nov 19 2008, 09:07 PM

Well JUST to share with you , i have housing loan of RM 200K FOR 25 years. The total amount i paid for 25 years for my loan is RM 360K every month about RM 1200. So every year i paid RM 14,400...(compound interest of 4.75%)


Lets average up ASW annual dividend to be around 7%. With 200k you basically will get RM 14,000 per year....

Do your own judgement

i agree
if you have to pay 14.4k per year
and get just 14k, you have to give 400 bucks per year
over 20 years you have to give out 8000 bucks

oh
but wait
what happened to the 200k you borrowed
its still in there

so...
400 bucks per year
after 25 years you get 200k

sounds like a good investment to me

cost = 8000
time = 25 years
profit = 192,000

based on 4.75 over 25 years vs asw

meaning ?

Look at these country economy... Corruption.....Depreciation of their currency.....

BN Rules!

bn rules? an ogif ruler is still a ruler right?

Anyone looking to buy ASN-3 or ASD (didik). I think it's open to all races. Gives about 7% DY. ASN-3 is like a unit trust - with service charge, the later I don't know much about.

Then y not buy ASW OR ASM? They are also open to all races... Further more is capital guarantee. Whereas if you buy ASN-3M at FOR 10K you might get back 7k only if you withdraw....Whereas for ASW OR ASM you can treat it like your saving account.

I guess the answer lies is which one is readily availlable over the counter. I know the ASN-3 is always available (temporarily suspended annoucing dividen). The others getting it depends on "luck"...

For me i think buying ASN-3 is similar like you buying any other unit trust...

I stand corrected. The author used a higher interest to calculate his example. In the first place, no need to calculate anymore. LOL!!! Yes, getting a loan at 5.5 % vs 7.0% dividend is smart.

Re the dividend calculation, thanks for sharing the information. I didn't know that's how they calculate the dividend. Not in the industry

Thanks for clearing it up, man

Satu bilion lagi unit ASW ditawar

Oleh Daliza Ariffin

KUALA LUMPUR 25 Nov. - Permodalan Nasional Bhd. (PNB) Khamis ini, akan mula menawarkan jualan tambahan satu bilion unit Amanah Saham Wawasan 2020 (ASW 2020), dana amanah yang popular di kalangan bukan bumiputera.

Presiden dan Ketua Eksekutif PNB, Tan Sri Hamad Kama Piah Che Othman (gambar) berkata, unit-unit baru itu akan dijual pada pukul 8 pagi di 10 pejabat Amanah Saham Nasional Bhd. (ASNB) dan 1,627 cawangan ejen ASNB seluruh negara.

ASW 2020 yang merupakan dana pendapatan berharga tetap RM1 seunit dijual kepada semua rakyat negara ini tertakluk kuota 51 peratus kepada golongan bumiputera manakala bakinya kepada bukan bumiputera.

''Bagi memastikan penyertaan yang saksama, had pelaburan maksimum sebanyak 10,000 unit akan dikenakan bagi setiap akaun dalam tempoh tawaran bermula 27 November hingga 3 Disember ini. Bagaimanapun selepas tempoh tersebut, had pelaburan maksimum akan dihapuskan,'' kata Hamad Kama Piah dalam sidang akhbar di sini baru-baru ini.

Penjualan itu adalah penambahan unit kali keenam sejak pelancarannya pada 28 Ogos 1996, sekali gus meningkatkan saiz dana ASW 2020 kepada 10.42 bilion berbanding 9.42 bilion sebelum ini.

Dana ASW 2020 adalah paling besar saiznya di kalangan lapan dana unit amanah milik PNB, boleh dilanggani oleh rakyat Malaysia yang berusia enam bulan ke atas.

Dana itu juga pernah mencatat sejarah dalam industri unit amanah negara apabila kuota langganan pelabur bukan bumiputera habis dijual dalam tempoh 27 minit pada 1 September 2006.

Pada ketika itu, firma pelaburan terbesar negara itu menawarkan jualan unit ASW 2020 sebanyak satu bilion unit.

Hamad Kama Piah menjelaskan, penambahan unit dibuat semula pada tahun ini sebagai usaha memberi peluang kepada pelabur yang tidak berkesempatan melanggan saham amanah berkenaan sebelum ini.

Pada September tahun lalu, ASW 2020 telah ditambah sebanyak dua bilion unit baru dengan had langganan maksimum sebanyak 20,000 unit bagi setiap pelabur.

Pada Mac lalu pula, PNB telah membuat penambahan unit Dana ASW 2020 sebanyak satu bilion unit lagi tetapi mengenakan had langganan maksimum berjumlah 50,000 unit setiap seorang.

Hamad Kama Piah yakin melalui strategi mengehadkan pembelian unit saham amanah sehingga 10,000 unit untuk satu akaun sahaja kini, akan meluaskan lagi peluang pelaburan kepada lebih ramai pelabur.

''Kami tidak menjangkakan sebarang rekod jualan dicatat kali ini seperti mana berlaku pada tahun lalu tetapi apa yang penting, terdapat penyertaan pelabur yang menyeluruh,'' katanya.

Beliau menjelaskan, pelabur yang layak juga boleh melabur dalam ASW 2020 melalui skim pelaburan ahli KWSP.

Sejak ia dilancarkan, purata pengagihan pendapatan tabung ASW 2020 adalah 7.74 sen seunit

where is ur source?

Today's sinchew got this news too... page 21 main section...

Did they announce what was last year's dividend?