It is okay to say it all out and lay everything on the table, lest should we be wrong in our decision,... at least we are aware that we have tried our best ! Because, as we talk and brainstorm, new opinions emerge and we can have betterideas on how to circumvent this problem.

Having sad the above, for this who are confident of the FP schemes staying put for another three years or even for eternity into the very far future, they should ignore all these comments.

Btw, I got some catch in ASM today but none for AS1M over the counter.

Going to suspended soon , so no more unit , haha....

Folks,

The DUMMIES are still arguing whether the Fixed price ASx will change to Variable Price. And, whether the dividend rate of 6+% will continue.

But,

1) The RM continue to drop and wipe out any gain that they have. THE REAL INFLATION is more than 6%

2) And, KLSE is crashing but somehow ASx that invest on GLC will be fine??

They are LOSING MONEY even if ASx stay as FP and delivering dividend of 6%.

Dreamer

Tried topping up as1m via maybank2u 3 days ago. Until today I checked my Maybank account, the amount I tried to deposit to as1m was not returned back, meaning it has successfully went into my as1m account?

Anybody here has experienced topping up via maybank2u? Just wanna make sure where the money goes if it's not into as1m.

Have u tried before topup via online banking? If rejected they will return on the 2nd day?

It's quite inaccurate to say the fall of Ringgit value would eliminate all gains, and actual inflation rate much higher than the published one.

For Malaysian residents who invest in Ringgit denominated assets, there's absolutely no currency risk. Why do you bother about the value of Ringgit againts other currencies when you would spend most of it on local products? And if you buy a significant amount of products from abroad, you can only blame yourself for not properly hedging your risk. Foreign currency accounts have been available for quite some time.

On the inaccuracy of the consumer price index (cpi), the common measurement for inflation that's widely used. In the calculation of the CPI, the department of statistics would pick a representative bundle that represent the average consumption for a Malaysian. Every country has different weightage of different items in the bundle. Developing countries like Malaysia usually put food as the biggest weightage in the CPI, followed by transport. For more details of the calculation, you could go to Department of Statistics website.

For any individual, of course the inflation rate  is very different from the CPI. Ali may spend more on food, but Muthu may spend more on transportation etc etc.

And A may cook most of his food while B eats frequently outside, while C always go to high end restaurants. Since consumption bundle is different, the inflation rate for different individual would not be the same.

And the CPI is only an estimation for an average Malaysian. There bound to be inaccuracy in estimating data, but no foreign bodies like IMF, World Bank etc have questioned the accuracy of our statistics data, unlike the case with China.

Just top up 10k ASM yesterday AT cimb maluri

Sigh. So, there's nothing I can do apart from putting in my savings, for ASM, AS1M or ASW?

Your advice would be really helpful, sifus 

I see. Suggestion on min amount to start with (where there'll be significant returns)?

You can put in monthly for ASM, ASW, or AS1M? I thought it depends on availability of units... Please correct me if I'm wrong

Tomorrow maybe have long Q have to wait oh....haha

Used to be FD only. Now only I just started converting to asx. I will hold ASX for maybe 3-5years provided no change in FP.

Not bumi la.

Guys, 2 situation :

A put 5k into ASB in February
B put 5k into ASB in November

Will both get same amount of dividend at the end of December ?

Owh, I taught they will just look at the lum sum amount in your account and give 6%-8% out of it...they will actually count the period of time your money in it ?

Anyone want to predict AS1M dividends?

I believe it is the same as ASW2020..

My bet is, it will be the same as ASW, i.e., 6.4%

It is only 1 month apart for ASW & AS1M. They started a trend where ASX give about the same rate (unless there is something seriously wrong where they cannot adhere to the same rate).

They already know (or rather decided) on the rate 1-2 months before the due date.

Cheerio.