i got questions. let's say, i'm a bumi. i have 1mil. can u guys advice me, where should i put my money. as far as i know i can only put 200k max in the asb. what about the 800k, does it fit in the asw, asm, and asd. how much can i put there max. my objective is to get rm5000 per month income without working. and the initial investment still go on rolling. can i achive it. (let's say the dividend rate of all 4 saham amanah is 7%).
if simple calculation : 7% of 1mil is 70,000per year.
i only need 60,000 for each month rm5000
another 10k dividen, roll back for investment
how to overcome the problem, in the case of limitation in investment of each account? it would be no problem if i can invest 500k in asw and 500k in asb.
This post has been edited by themattock: Sep 8 2008, 03:53 AM
AS1M, ASB, ASW,ASM,ASG,ASD
Sep 8 2008, 03:42 AM
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