Does anyone know reason(s) returns from ASM products are consistent, e.g. always higher than FD rates?

Borrow from bank, e.g. increase home loan if value of your house has increased

asnb.com.my is overloaded....too slow...

Retired businessman with RM20million uses FD? The person should engage a private banker. There is many investment instruments for high net worth individuals, e.g. hedge funds using various strategies.

Agree, Malaysia government is very smart in this area. Besides borrowing from citizens, it has other methods to 'handle' deficits, e.g. private finance initiative (PFI), 'print more money'.

A Mandarin article on PNB funds

I think the chance of PNB funds suffer huge nominal loss of more than 50% is slim, e.g. smaller than 30%. But cannot say that for RM. If USD depreciates against RM for 30%, what do you think BNM will do? Cut interest rate? Sell RM and buy USD? If BNM does any of these and US Fed believes the only way get out of this 'mess' is to devalue USD, then we have competitive devaluation, e.g. US Fed will 'print' more USD. So the nominal amount of your portfolio may be RM 70k X (1.07) power of 10 after 10 years, but what is the value of your portfolio, e.g. what can you buy? The only way to beat this is to have REAL return of more than 0% after adjusting inflation and currency devaluation


"The answer is SIMPLE. Do not keep ALL your money in Malaysia. Singapore is a short train / bus ride away."
It is a sad truth that some Malaysia Malaysians cannot think out of the box :-(

This post has been edited by oumind: Aug 1 2009, 01:27 PM

If you realize there is more funds offered this year, then you have to ask why? Usually sources of fund are EPF, Petronas, etc.

I think master of issuer can sort of guarantee the capital because it has 'printing press' and the power to move money from left hand to right hand, e.g. musical chair. What is the worth of papers may be another story!