You should really go through the 1st post and get yourself familiar with ASX. And all FP ASX for non bumi give more or less the same return. You can contact PNB for more clarification

This post has been edited by ohcipala: Sep 16 2015, 12:04 PM

http://www.investopedia.com/terms/n/nav.asp

To invest for long term , u should choose higher risk , higher return fund if u okay with that....since u r so young

This post has been edited by Vincent9696: Sep 16 2015, 12:08 PM

Nav is price per unit. For ASX (FP) they are fixed at rm1/unit. ASG and ASN3, you need to visit the counter to know the price as it changes everyday.

Manada be aware that those ASX cannot be open just like that. When you go to the bank, they will tell you chinese quota is fully subscribe. Cannot open.

Hence you need to beg them and tell them "I know if got units for sale, can open new account. Could you please check for me?"

Higher chance to open at places mentioned on first page.

Just give a try on ASM first. They are more willing to do it.


Btw. lucifah please pin this post thanks.

ASM - Amanah Saham M'sia

I thought I make it quite clear...

Go to agent. Take number ir ask then want open ASM account. Then apply. Then "bank in" like your saving account. Done.

But. Please be aware that this is investment after all. The risk is there but basically its save.

Try read the top 5 post again.

Any question can still ask here.

If u refer to ASNB ofiz, yes

19 can open own book already. No need to drag parents along. Unless parent also want to open.

Can open at maybank, cimb, rhb. No need to go to pnb office.

Where u get ASB3

I think he meant ASN3.

By the way, recommend you to open any or all of the ASX as it need only rm100. Once open can top up easily. Opening ASX is the hard one. ASN3 can open anytime.

Try go kl central maybank.

But since you have intention to play forex or stock.... I think any asx product isn't suitable you. You risk appetite is so high lol.

Asx is all low risk.

and u would get antique ASW2020 passbook

good plan

don't try for ASN3.

try for fixed price fund like ASM or ASW2020. u buy or sell @ rm1/unit

19 got 40k cash?
not bad

ASx as "backup" only.. there's no silly about it.. if u found good opportunity in stock or forex, u can use tis $$ in ASx to buy.

u got profit, can reinvest back in stock/forex. or u can deposit balance back into ASx

This post has been edited by nexona88: Sep 16 2015, 02:06 PM

Again, is his money. People dare take risk what. So let it be.

You need to know that ASN3 charges you 5% + 6% of the 5% tax upfront. ASX on the other hand is tax free for now

[quote=Manada,Sep 16 2015, 01:59 PM]
thanks to my parents actually for investing in some kind of insurance. Since I am 19 in October those accumulated money will be matured. Then, I will use it to do investments.



Beware income tax come find u...haha , jk

difference is u paid more taxes on ur gains compared to no tax paid...