I assume you meant you bought AS1M units.

What I meant was I could not open ASX account for my daughter.

Cheerio.

I hope you are right.

Time to crack the solid egg so that my daughter can get her ASX account. Ha.

Still belum.

Last close encounter was unsuccessful as I did not bring the original BC.

Maybe you are the mystery buyer for the land from TH? Just kidding.

Why if you don't mind my asking.

Cheerio.

Finally, finally, finally!!!

I managed to open AS1M account for my daughter at ASNB! The friendly staff there greeted me with "Long time no see" remark. Ha.

Also managed to get RM5K ASM for my son using his FD.

Just to entice parents to do this instead of just FD, below is the comparison of the 2.



By the time my daughter is 35 yrs old (assuming she puts in RM100k now, not that she has that amount now. I use that to illustrate a point), she will have RM220,000 EXTRA in ASX than in FD! And all that for the sacrifices we put in now in opening the account.

Of course provided ASNB does not "donate" some money to 1MXX!

Cheerio.

Thanks.

I thought I missed that one out.

You have good eyes for details!

I assume you meant whether I sold RM100 units from my account and my daughter bought that RM100 unit so that she could open the account.

No, I did not sell any. I think there are a lot of AS1M, ASM fishes around due to the 1MXX concern. Some people prefer to get out of ASX to be safe, risk of ASNB dipping into its pockets to help 1MXX.

Process is like this:

* he will enter the data from the form you have completed into the computer.
* print the passbook
* then check to see if there is any RM100 unit available
* if yes, then the account opening is a success
* if no RM100 unit is available, then he will have to cancel the account and cut the passbook

Yes, after all the hassle, cut the passbook? Yes, that is their SOP.


P/S One observation. When waiting for my turn, one elderly chinese man came in to the office and asked one counter staff XYZ whether he could open an account. I heard the reply, "sudah penuh", meaning cannot. This chinese did not even get his queue voucher, he just interrupted the staff who was processing another customer. Rude of this chinese. Incidentally, I am also a chinese and I am not a racist. Ha.

Now the punch line. It was the SAME staff XYZ who helped me to open the account! Ha. Earlier, sudah penuh and later no problem, as smooth as silk!

I would NOT do that. Just try and buy RM100 if any. If not try another day.


Yes, FINALLY!

I think I have waited for about a year now. Even the application form I completed looks aged, like museum piece by now. Ha.

Now next hurdle is to start fishing for my daughter and sons.

CONGRATULATIONS on your mega catch!

Be fearful (AA) when others are greedy (BB)
Be greedy (AA) when others are fearful (BB)

With the current ASX sellout, I am still buying. Wonder which one am I, AA or BB?

Tough and confusing world to live in. Ha.

I normally respect people in those high position. But this guy does not deserve the respect. Either really ignorant/st... or just thick faced trying to say anything positive to win the crowd over.

Like DM has asked, start with a simple table showing where the RM42 billions has been spent. Why so difficult to show that?

Sorry, off topic.

CONGRATULATIONS!!!

With your mega big catches, FREE lunches for you then!

Every RM10,000 invested, you get an extra RM200 pa over FD!

Guess by now, you can have more than a year of "free" lunches! Ha.

Thanks for the bad news! Ha.

Wonder why did 1MXX have the cross default clause in there while they knew its serious and wide implications?

Otherwise could not get the money?

Another Malaysia Boleh Semua Boleh attitude?

EPF mah. Ha.

CONGRATULATIONS!!!

Any good news on opening ASX account for your kids?

Still no quota?

Cheerio.

Call me cynical (with the 1MXX cloud hanging in the sky), bad sign with ASNB looking for takers? Ha.

Wonder how much AS1M bumi portion is still available.

I thought non bumi will snatch up any nano gram of the funds. 1MXX isplaying tricks on some minds now.

Thanks.

One solution for ASNB, release that as non bumi units and I am sure all will be taken up within 6 months.

CONGRATULATIONS!

Nice feeling after all the frustrations, right? I was in that journey until recently.

I really think that no quota excuse is just damn XXXX, YYYYY, ZZZZZ!

Cheerio.

Interesting to see how these dividend rates will turn out.

If they are on the downward trend, I can also expect AS1M coming rate in Oct to follow the same flow.

Hope not.

I have seen a few times EPF selling ABC shares and buying ABC shares multiple times in the same day.

Why?

Just a waste of money for the buying and selling fees.

The sell and buy actually resulted in some losses on that day.

Due to different EPF fund managers as they act independently?

Guess I am just a rookie while what they do is just beyond rookie comprehension level. Ha.

One of my still unknown life mysteries.