Time is always in very limited but $$ so far still ok ...haha

Wonder how much is the dividend per unit for the ASW2020 at end-August...

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.

Cannot move now. Or else rugi teruk. Haven't even 1 year yet.

Hi Ramjade.... Yes, I hold quite some PNB Units too. I do have the records for ASW2020 that date back till 2008. Highest was 7.00% in 2008. Lowest was 6.30% in 2009. Last year was 6.60%. The yr before was 6.70%.

Hmm, tempted to buy more ASM and ASW2020,... but really nervous about it. IF the RM turns into 'banana notes',....thn we are stuck. Or if PNB dies.

Talking to me or Hansel?

Bro, the so call dividen are declare once a year, correct me if I made mistake

SemiD? Nah. Not for me. Most is a double story terrace house will some small land inside to plant my own veges.

Kind of true. But you didn't guess all correctly.   Handle family finance no. Handle my own finance yes. Listen to my advise not really. They only listen to my advise on FD musical chairs (use to put board rates) and ASX. Asking them to use credit card, until today no. They still prefer cash. Asked to open a CDS account kena reject strongly.

By the way, how you know?
Why should I go watch crappy movies? I usually go for marvel movies and movies which friend said are good. Tgv ticket are RM14. The last I checked (few months back). Besides I usually go and watch when the movie is not so popular anymore. Less people,  less kids screaming, less people with phone on, less people walking up and down.

Second, watching movies mean you are supporting MAFIAA of  America. They are not somebody you want to support. There's always free WiFi at Starbucks.

Thanks for the recommended book.  Will look into it.

YOu are smart, bro,... I started late,.. I too lived frugally when I was young,.. kind of like you, except for the GF part.... I read your posts, no GF yet for you. Bro,.. balancing a bit is okay. YOu would want to get a life partner too in future, right ?

yep. the first time after i opened my asm account, that dude tell me got 500k units available if i have money. lol.

the second time i went to open asw and as1m, they told me no units available. then asked me what account i have, which is asm which the dude tell me can topup if i want

But what he said also make sense. If someone is desperate and got a lump of cash sitting around, I take you also don't know.

I am your boss, you talk, I fired you and you go to jail. That scenario also can happen.

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

dreamer101,
U have yet to answer my Question