Yeah there are many ways to send back the money.
Both legal and illegal ways.
Having said that, most of my friends keep their foreign income abroad, no urge to send back unless for emergency

Taking big cash crossing the borders are the stupidest things to do. Only the tin kosong minister will do that. One of the politician got caught in Australia.
Well I m going to put a full stop here.
Getting out of topic.

Cimb offers 4%p.a for 3 months FD placement

Among all, asb2 paid the highest dividend. Until the 7.27 billion fill up, I don't see bumi's interest in other fixed price funds. Unless both their ASB1 and 2 are full

ASD used to be full before ASB2 launched.
Perhaps some investors withdrew and transferred to ASB2 for obvious reasons

In other Bumi dominant forum, many experts advised not to do loan, as the financing rate is 5.2%, interest rate difference/gain not too much.
Plus it's compulsory to buy MRTA

Different banks have different spreads as they got different base rates. But all add up to 5.2%.
Maybank, Cimb, Rhb, Bsn

4.85% very good rate. I guess that was before the bank's using BR. Loan still based on BLR?
So u are getting BLR-2%?
May I know which bank?

C? R? Or M?

Strategy: Park on the FP funds that easy to get first, such as AS1M.

If you want to diversify it (Even I don't see the logic of doing it), you can transfer from AS1M to other fixed price fund on the first day of the month, so that you will not loose any dividend. Note: Only can do it on the first day of the month.

show the ASIM passbook with the balance.
Then try other ASX FP fund to buy in, if got unit only withdraw from AS1M.

i did it before, but i stopped for many years as i dont see the logic of moving around FX price, after all they pay the same rate.

This post has been edited by cheahcw2003: Oct 27 2015, 03:46 PM

check wirth Affin Bank, their best rate is 5% now, no longer can get 4.85%

following BR

Othe findings in the ASW annual report:

1) 6.7% of the total investors owns 73% of the funds
2) Extremely, 0.5% of the investors own 35% of the fund with average holding of RM1.5 millions fund. Some of the regular trial and error investors in this forum is in this category apparently.
3) 69% of the investors own less than RM5k in their ASW account, this category of the investors only own less than 4% of the total funds.

This fund is not harus (or haram) in Islamic Perspective as they have heavy investment on banking stocks investments, especially invest in all its agents banks, Maybank, CIMB, RHB also Public Bank and AMMB Holding.

> 5% of the funds invested in Public Bank.

haha....some thinking on how to earn more while others think how to save more.

+1

way out of topic

Some treat it as high paid Current account or short term deposit. Some how the investment behavior correlated to individual behavior and not correlated to age

Property is not a high risk investment.
Property value will not dropped into zero, but stocks are possible,

2) Minor and under-aged cannot have borrowing.

For me. ASD is just the name....like ASW2020, you don't have to have a vision 2020 to invest, or you could be racist and still can invest in the 1 Malaysia fund. i.e. AS1M.

ASD, those who no kids also can invest. Some invest for their own retirement.