Get a bigger/better property? Or send your parents pergi umrah ke. Ok what?

every time i give my parents large chunks of money to do something when i get bonus, they will slap it back in my face say buy a car get a wife wtf.

so now i just bank in every month 1k throughout the year and we wont talk about it.

i like this ... yolo .

Asb has a lot limitation
Max is 200k need to take out if it will not compound more than 200k, but div high and very stable. It is proven best vehicle, many abuse it and took personal loan to invest it.

Masuk asb ak aje lar, banyak ruang lagi nih.

i not bumi but wan to invest in asb
can or not ?

No car yet? Buy a car then turn it to a campervan
Tour whole Malaysia

Look at stocks outside of the region. Can or not? Or still need to go through your employer?

mak aih kereta pun takde

gf tak nak cari ke?

kau kerja jadi apa

kena. cuz their external portfolio managers invest in MSCI world.

They want to see their grandchildren before they died. Sometimes money cannot buy certain things like family bonds, you should shift your priority instead. Lower your expectation for your future wife since nobody are perfect anyway.

On the topic you should invest in my account. I promise it won't go down to zero within one month

my kakak dah ada 4 kids dah and the eldest bertunang soon

so i think my parents got enuf supply of grandchildren, and great grandchildren coming soon haha.

I am confused by this statement.

Are you saying that once your total dividend gets to RM200k, you no longer get additional dividends? I am aware that principal gets capped at rm200k and your dividends would be based on 200k max but I didn't know that you stop making dividends once your account gets to rm400k

yamate has a lot more than just 200k.

and, on your other post, i dont think you need to withdraw money in excess of 200k. it just means you cannot deposit more than 200k.

What i mean is, i have 400k in ASB. out of which 200k is principle, and 200k is dividends (ie:10 years of dividend).

the fund will keep on growing, however, the principle is capped at 200k. hence it is "limit" in a sense i cant move cash anymore INTO the account.

u will still get dividends tho. there is no limit how big an account can be, just that principle limit is 200k.

like for example, ASB2 also 200k in principle, but only 3k in dividends so 203k now. so despite only 203k in ASB2, it is "limit" in a sense i cant add anymore cash into it too.

principle limit is always 200k.

This post has been edited by Nachiino Etamay: Jul 23 2015, 03:50 PM

so the dividend is based on the initial principle only ?

or will compound ?

sorry soalan bodoh

That will be good to put one million into asb
From my calculation in 20years you max out the 200k in year one it may compound into one million in 20 years, 4 million in 40 years. It does look tempting
Assume div at 8% for the rest of the year

This post has been edited by cocbum4: Jul 23 2015, 06:02 PM

Save at my place.. come come... PM me~~

how did you get to know the div is fixed amount above 200k it will be a big let off
In 400k you only get to 200k x 8% = 16k div which is 16k/400k = 4% div only, if 600k, it will be 16k/600k = 2.6% div.
I read the tnc, I think it doesn't state on the tnc
http://www.asnb.com.my/pdf/PRODUK/ASB/20150331PHS-ASB.pdf

This post has been edited by cocbum4: Jul 23 2015, 06:36 PM

dividends are based on the full 400k.

its just that the 400k is made up of 200k principle (cannot go higher) and 200k total historical dividends (can go to infinity)

every time u get dividend, the historical dividend increase increasing your cap

but the principle is max at 200k