U seems to b very confident

I am confident because
a) I think 3 years straight of giving 6.x%?
b) They save some dividends from every year.
c) Not sure which funds give 6.6% early this year.
d) If they don't give 6.x%, people might redraw and move some where else

But I cannot say the same for next year. How much will they give

This post has been edited by Ramjade: Aug 13 2015, 07:18 AM

Go for ASM. Don't try asw and as1m first. I believe ASM have a lot for now. As long as the issues haven't resolve. Once everything is fine, bursa shoot up, then the unit will be less.

6.6

managed to topup asw and as1m today. in good luck.

time to further transfer my fd to asx. but the question is how much ratio should i divide. i dun play stocks

Maybe 40 ASX: 40 Epf: 20 fd?

Or 50 ASX: 30 EPF: 20 fd?

EPF max can put in is rm60k/year. Returns more or less same with ASX. But epf have to wait until 55 years old to withdraw.

This post has been edited by Ramjade: Aug 13 2015, 10:00 AM

a & b - agreed
c - Most likely they follow ASM to declare 6.60%
d - dun agreed as Ppl still luv ASx

For example FD give 14% (like what happen in 1998)
and ASX give 5%. No brainer which one you will choose.

The ideal ratio depends on Individual investment objective

care to elaborate a little bit more bro?

I agreed if u compare with xtreme events
With the present macro economic environments, BNM is unlikely to hike int rate

Couldn't agree more. They cannot hike rate or else economy going to become bad. Only thing can do is lower rates. Or maintain.

Every individuals have their own preference when come to investments
Thus, how to share d ratio?

Amanah Saham

x is for the fund under ASNB like ASM, ASW, AS1M, ASB etc

u cannot write each fund in your reply..

so juz write ASx

well u can also try out ASM like our TS said.. u can see Post #2242 for the branch that willing to help.

it's fixed price @ rm1/unit unlike ASN3 & ASG which the unit price move according to KLCI performance..

yup, ASx do give higher returns.. normally 6% & above compare with FD which max around 4.5 p.a

Hi, does anyone know where in Kuching to open an account for non-bumi?

Just try all banks (maybank. Cimb, rhb). Be nice and beg them.

If they said no quota yell them if got units, I know can open. Can you please try?

This post has been edited by Ramjade: Aug 13 2015, 12:51 PM

Of course. Generally for fixed priced asx, they give 6.6%/pa. Tax free.

No need to hunt for fd promo every year to get best rates. Buy and can forget about it (fixed price). Hence the difficulty in opening and topping up. However with recent problems, you'll never go home empty handed.

If you buy variable price, then is different story.

This post has been edited by Ramjade: Aug 13 2015, 12:55 PM

ASW/ASM/AS1M

Have your pick. If you don't mind lsoing money, open ASG. Now good time to buy ASG (prices are down, so you can get more units at a cheaper price). Then when economy recover sell ASG. Tax 5% + 6% of that 5%. Need to hold for about 2-3 years to profit. With bad economy, it will give you returns of 2-3%. But when economy become good, it will give you >10%. For me I am going to hold my ASG until economy recovers to gain back my principle and sell it and transfer into ASX (fixed price)

If you don't like to lose money and want stable returns. Open ASX (fixed price). Annual returns of 6.6% for now despite bad times or good times. Can't say about the future. But must depend on luck.
1) Got units, Bank officers don't want to help you open, you cannot open.
2) No units. Bank officer try to help you open. You cannot open also.

To open must be nice to them and beg them. But nowadays can open and top up easily. You won't go back empty handed. You know why la. .

ASM - malay sell, Chinese. Indian can buy.
ASW2020, AS1M - malay sell, Chinese Indian cannot buy. Only can buy from Chinese/Indian/others quota. Eg, are a chinese, can only when chinese sell.