Is it a wise idea to withdraw money from loan account that charges 4.7% per annum to put it into asw2020 that has historical returns of >6% ?

Someone told me the amount saved is not worth the hassle of taking risk of falling asw2020 returns and increasing interest rate for housing loan

This post has been edited by Chrono-Trigger: Sep 22 2015, 08:11 PM

Try to go to your home branch , where u have account there. Easier for u to direct debit from your account to PNB account once the fund is available.

The bank officer also needs to be careful because once they lock in the amount of units u want to buy , the units are transferred to your account. Unless they know u well , they won't take that risk of u not paying them or short of cash. They need to balance their account before 4pm or they will have to pay it.

If they don't know you, you have to bring cash - ready and verified before they even start to look for available units. Try to understand their point of view too.

How about the housing loan prepayment period? Now cut short because of partial payoff. If I withdraw it , it will extend ? I really can't figure out the housing loan

I calculated only save me about 1000 a year. Worth it ?

This post has been edited by Chrono-Trigger: Sep 22 2015, 09:02 PM

My bad think it's 4.5

Can save about 1400 a year. Hmm looks worth it

MBB branch. It's easier for u to debit money from your home branch account to PNB in the spot.

Other branch can, but u need to carry cash. Worth the risk of being Robbed? I won't

Just top up asw2020. Not sure why some banks say full some not. Got quota for each branch ?

...

This I agree. At least some form of transparency. Hope next year market improve

Want to, but no money

looks like today a good day to Topup AS1M. My family tried asw2020 but bank said no slots

family member got money, i no money

market down is the best time to buy. PNB also now eyeing cheap stocks. Once market recovers , dividend go up

Got a question, anyone knows how pnb funds can be included in a will, or we need to nominate the trustee like KWSP

Here says no need fill special form just include in a will
http://www2.bharian.com.my/bharian/article...mawaris/Article

This post has been edited by Chrono-Trigger: Oct 4 2015, 08:28 AM

Congrats

Otc Topup asw2020 success today

Grab the units fast. Looks like Malaysia has seen the worst

Oil prices picking up federal reserve raising interest rate soon. Sellers done at bursa. Politics stabilizes. Malaysia has seen its worst days

1k no money

Win