AsW still fully subscribed...

Only asm and as1m

Open in maybank jalan hang tuah melaka

the main branch? d other day i went there, they told me no quota. lol

I asked their business relationship manager to assist... I have some deal always with them .... Sure they help...hehe

Welcome to the dummies club!!!

list updated

Did u top up subsequent to opening of a/c?

Yes , I do ... Opening account at 1k , after that top up immediately to 20k each

Congrats
U top up 19k each for ASM n AS1M?

wil-i-am,

This is Malaysia. Why do you THINK that it will make a difference?? It is a GLIC.

<<In addition, Gomen can oso take $ from Banks (GLC) too namely Affin, AmBank, Bimb, Cimb, Maybank, Mbsb n Rhb>>

That is why I do not invest in those companies. By the way, ASx invest in those companies.

nexona88,

<<the best part is he ignore EPF which could also be used to cover the "hole" >>

Bingo!! I think you are the person that forget this part.

20+% of your gross income is in EPF under THE GOVERNMENT's control. Basic common sense will tell you that do not put all your eggs into ONE basket. Aka, do not put all your money under THE GOVERNMENT's control. But, DUMMIES like you choose to voluntary put your money into ASx aka a GLIC under THE GOVERNMENT's control. A even more prudent person will invest outside of Malaysia since most of his savings aka EPF is in Malaysia.

Those are common sense aka basic personal finance.

Dreamer

Then in Malaysia which isn't under Malaysia control

dreamer101,
Did u keep any MYR in local banks or u keep MYR insider yo hse?

Ancient-XinG-,

Then, do not keep all your money in Malaysia.

Dreamer

wil-i-am,

Do you have to keep ALL YOUR MONEY in Malaysia??

The answer is obviously NO. Then, why do you keep all your eggs in ONE basket??

Dreamer

dreamer101,
U have yet to answer my Question

wil-i-am,

Touche. You did not answer my question either.

Dreamer

interesting see you guys trying to argue with dreamers........ this country will collapse, he said that many years ago already. Sudah basi now, i just enjoy the show.

The show will not end till he is right, like Greece. If everyone listen to him and follow , move all money out of malaysia, he may be right soon.

Enjoy the show

EPF is the biggest ponzi scheme in Malaysia! Otherwise why do you think they tried so hard to raise the minimum withdrawal age to 60? Is is bcoz they really care for the rakyat? Or they just buying more time to have more and more employees plunging their 23% of income into their hole?

Actually that's not true. My mother can withdraw her epf (already over 55). Once she withdraw in lump sum. (All of it cause people say epf not safe), no questions asked.

I agreed partially agree with your statement about 60 years old. But that didn't happen. Still 55. But then if you have friends like me who spend money because they have too much of it, you be thankful for epf decision to only let you withdraw only at 55.

Or else lots of people will be bankrupt in 1 year.

If a ponzi scheme doesn't allow its members to to withdraw, it will go bust long time ago like Bernie Maddof! If your mum is over 55 and wants to withdraw her 10m in the epf, i'm sure it will be done swiftly. No doubt about it!

My question is : how do you know whether epf is not using the people's contribution now to cover for the 10m your mum withdrew a year ago?

Even if Ajib takes another 10b out of EPF as donation, there will be future generation of rakyat to keep on dumping their monies into the EPF, required by law! This is what is great about this ponzi!

IF NORMAL INCOME OF 5K PER MONTH, NEED TO RAISE FAMILY, HOW TO HAVE FOREIGN CURRENCY! YOU THINK PEOPLE NO MNEED EAT AR. YOU THINK NOW EVERYWHERE TRADING USING FOREIGN CURRENCY AR? STIL WE USING MYR IN MALLS AND PASAR.

Edit : wrong quote. This suppose for dreamer.

This post has been edited by [Ancient]-XinG-: Aug 18 2015, 05:24 AM