How I wish i could borrow the luck from you guys.. Just a simple account for my ASW2020 even with a small amount of RM100 initial deposit would do..

I am out of luck here in East Malaysia, should plan to try in West Malaysia when i went there to travel in future.. 

Want to ask, why is it ASX is not considered a higher form of FD?  Yearly it have given returns of 6.6 guaranteed.

Although it is not covered by PIDM, nevertheless it is still considered safe investment as your principal will not depreciate in value.

See my edited post regarding which want you should buy. Sorry. I point you to the wrong post All funds EXCEPT ASX can be bought via FSM. Charge you only 1% SC. Buy from banks will be charged about 5%

Full time student with part time income from online sales. Very small (about Rm100/month if it's good. If no, then just rm20/month or sometimes zero)  Let's call it a hobby of mine maximising returns and learning new ways to make money legally. Have yet to try out stock market and UT. Or maybe I am too obsessed with getting rich. Haha...

Initially was just doing FD at board rate for years. Then decided to step into LYN Finance section. Voila. Learn about promo rates. Decided not to be "generous" to the bank.Why should I help banks to become richer by placing at board rates or placing at not so high promo rates? Get the best deals. Join musical chair or rather go with affin promo. The highest rates with pidm in town. Found GenX's blog and Read all of Gen-X's post from start until finish and got a burning inspiration from him with new knowledge. Banks and government must work for you and not you who are working for the bank/government (giving banks/goverment free money). The inspiration is still there.

Still not satisfied. Check out ASX thread. Then decided to try open ASM.  Now feeling quite satisfied. But next on the list is going to learn stock market to buy reits.

Decided to stick around and help others.

I have seen my friend who shops like Rm700+ of shoes and clothes and then complain no more money. Try helping out some friends by giving them some advise, no one was interested except one. So that's that. I just keep quiet and go about my own ways.

Goal in life is retired and live off and interest or dividend without touching the principal and taking my parents on overseas vacation at least once a year. The least I can do for them. Fancy cars, foods, shoes and clothes does not interest me. One must give something to gain something. Nothing is free in life. One gives up the enjoyment of life now and reap the fruits later. Also be healthy now, rather than be sickly when you are old.

Until today I don't event know how to play dota. well I did play counter strike and call of duty against bots. That's about it

How is it flaw? You are suppose to get 2 units (assuming price is RM0.50/unit) but you get only 1 unit after paying RM1. So where the other unit go? Definitely kept by PNB as reserve.

i see, the debate still going on.......

Worried? Hehe...

1) Whole Malaysia using TNB, majority uses TM and Astro. Cookie jar is always full. PNB already said will have announcement if got changes.
2) Every year, ASX have been saving dividend.
3)The depreciation of RM will wipe out any dividend that you get.
What about FD? Interest earned will be wipe out more compare to ASX.
4) KLSE going to crash. Didn't KLSE crash badly in 1998? Some thing will happen. Some kind of control will be put in place to prevent people from moving money overseas. Very sure on this one. That's the only thing they can do. History have shown they have give consistently high dividends without fail.
5) Oil is not going to rise. True. But from previous records I believe ASX have enough reserve to last at least 5 years. Anything can happen in 5 years.

got another company that supply electricity to house / office / factories? 

yes not everyone use Astro or TM 

As far as I know whole WM uses TNB. Same goes with phone line in WM. Sure 90% uses TM line. I have seen poor people who cannot live without astro. What the hell.

In Sabah, v have SEB 

Winners and losers of foreign currency debts
http://www.thestar.com.my/Business/Busines...ebts/?style=biz

wah it's a historical moment for all in ASNB thread.

for the 1st time in history Pinky made a comment here     
from V1 until now no comment 

Dividend is on the PAR value/NAV price on Issue Date i.e. RM1.00

U have 8474.58 units

Your dividend is
8474.58 x RM1.00 x 7% = RM593.2206

RM593.2206/RM1.13 = 524.97

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Use another analogy...

FSM regulars love this...

U invest RM100,000 in a chicken farm
U start with 100 adult chickens

Some time later, u have 100 adult chickens and 400 baby chickens

People value your farm at RM200,000 now
RM200,000 is the CURRENT VALUE of your investment

Then NEXT DAY, your genius farm manager one day tells u...

"Bos! I managed your farm well, now I hereby declare a dividend to u..."

*push a cart loaded with 200 baby chickens to u*

U happily receive it in a grand ceremony...

After the ceremony, workers throw back the 200 baby chickens into the farm...

Get the idea?