good question, but too bad I got no clear answer for it.

what I know, is the funds meant for bumi needed to give more dividend compare with "malaysian" open funds.

I think no matter how much the others earn, the ASB has to give a higher dividend, this is in line with Dasar Ekonomi Baru set up last time as to help the Bumis

Sad case , cant buy anymore .

most of us always forget the main purpose PNB is set-up in the first place.

it's purpose it to increase bumiputra equity participation & create some wealth for them.

but somehow half way, they open up some funds for others malaysian to buy. that's why asw2020 have 51/49 quota (under Tun M administration). later it's change to free to all (asm) and back to racial quota under Jibby administration (as1m)

This post has been edited by nexona88: Mar 22 2016, 05:16 PM

If this is the reason, then non-Bumis should be thankful that we have a chance to earn something here. Based on the above again, then my understanding would be PNB was set-up to help the Bumis gain more traction in the country's wealth due to the other races being more well-informed in income-attaining methods.

Hence, the other races should strive to achieve other methods of gaining income, and not to depend too much on the PNB, in line with the Gov't's strategy. Those other races should then learn to take their money somewhere else to prosper,... and to diversify out.

yes, we must not too depend on pnb. the needed to diversify.

for those earn juz enuf to cover their monthly expenses & have very little savings, then pnb funds is the way to go.
for myr 500 or less, u wanna invest in sreit better invest in PNB or FSM too if really want foreign exposure

Was referring to ASB2.

u to you, Hansel, but remember there are also non-bumi not as able and lucky as u. I remember a statistics stating that 25% of Chinese students drop out after form3.

Agreed then for the bolded words above, if the amount is a bit too low,.. I guessed PNB is still the way to go. However, subsequent to that, if the amount invested grows and is substantial enough, then the investor should take the trouble to learn more of outside investments, and strive to earn more outside, and diversify.

And then,.. I think keeping some Emergency Funds inside PNB ASX is also a good way to go for,...ie using PNB as an instrument to park Emergency Funds in since it is so liquid.

I guessed... Chinese people should strive to help themselves too,... if not, then they should not blame the Gov't for not helping them, regardless of the Gov't choosing which race to help... which is then, not the issue at-hand anymore.

that what I doing now

and since ASx divvy is kinda stable for now (even when the market is bad). so no worries

Cheque or units, I will still get my 4 figure of payout. If cheque, just extra work to "re-tambah unit" Wish it was units. Make my life easier.

Btw, just got discharged from hospital due to dengue.

This post has been edited by Ramjade: Mar 22 2016, 07:54 PM

All said above is fine so long as one is satisfied with the 6.4% yield per year, payable once a year. And for a non-Bumi, one is willing to spend the time hunting and in a way,...'begging' for at the banks. I supposed the 'workload' here is the hunt,.. rather than studying on investment instruments and other global activities.

For myself, I would rather be satisfied with an 11% yield per year, payable every month and furthermore, get to learn about new instruments and get to participate in overseas investment-related activities. The workload here would be studying investments instruments, fundamental analysis, technical analysis and attending seminars and AGMs worldwide.

I wouldn't say it takes a lot of capital to invest using my way,... it's just whether a person is wiling to go down the route or not,.. and willing to try or not,...

So,..let's not say that I am able to do what I am currently doing because I have a lot of funds at my disposal,.... and others do not. I have seen even young Singaporean novice investors starting to do what I am doing with minimal funds. I know this for a fact,... because I am their guru,....

So,... what's stopping us adults in Msia ? I see that many of the young novice investors in Sgp are still university students, and they save whatever they could to start on their journey,... So,... what's stopping us ?

The good life of not needing to work hard to invest,... and the comfort circle that is holding us back- that's all,....

I am quite blessed,... when I started investing in the ASM and the ASW2020 back in 2006 or 7,... can't remember exactly,.. the yearly payouts were all re-invested up till 2015 payout, after which I started to withdraw in batches when the MYR was strong enough for me to convert over.

This year, PNB is saying they might give out cheques,.... so,... I've moved-on,... In short, I had a good run,...

Sorry to hear about your close encounter with the dengue kind.

Hope now 100% OK.

If I am designating an instrument as a vehicle for me to park my Emergency Funds, I wouldn't use return as an important factor anymore. I would use liquidity and safety as the factors.

Why ?... because if I start to think of the 'good returns' of the designated instrument, then I am sure I would start to skew my thinking into parking 'ALL' my funds into that instrument. And this, is in itself, destroying the basic purpose and the required function of setting aside of Emergency Funds. Emergency Funds should be just an amount of funds necessary to maintain one's lifestyle for 6 months in case he loses his income - not more,......

One should not associate an Emergency Funds parking vehicle with a vehicle for returns.

YOU are not putting your funds inside ASX because you are using it as a vehicle for parking your Emergency Funds,.. face it,... you are putting your funds inside the ASX because it is a vehicle of return to you, being that you find it safe, can easily give you a STABLE dividend (which you said in your posting),... and you DO NOT need to do any work to learn about this ASX,... you only need to trust it.

It is only your SECONDARY OBJECTIVE when you treat it as a vehicle to park your Emergency Funds because of its liquidity,... it is definitely not your primary objective. Do recognise the difference here.

Which country are you in now ?? Contracted dengue ?? You are based overseas, studying there, right ?

Ooo... That is why so quiet!

Basically this explained the whole view of ASX.. Nicely written and straight to the point.

Yes, the reason I like the fp is that relatively safe, stable return, and this 2 factor = worry free. And whats the best is that you actually no need to do hell lot of research to earn that 6%. Well compared to the 10% which is high risk. This fund for me I think is suitable for those uncle and aunty which is going to retired and to those student which is really really busy with the study life. Or no life.

Who don't like money? I myself frankly speaking, FSM actually under my radar and I wanted to try it so hard with maybe around 1000.00 myr. But, I can't really find out the time to do this... Just too busy..... But looking at other people like those in art stream student or free life student ** take note I am not looking down on them, I just comparing the leisure time we had ** going shopping mall, watch movie, not enough money take from dad and mum, those with girlfriend more worse, take dad and mum money go raise gf, buy this buy that in the end don't know got become husband and wife or not spend so much money already. What la... Use the money buy UT or what or FD also more return than the gf. Well maybe got fubu and they might think is worth it.

And this ASX also, not that clear actually the whole thing. Do they actually earn? Or do they actually can give more than 6%? Or do they actually give out the reserve eventually, because from what we see, every single year also got reserve, impossible la only 6% pa.... For the past 20 years reserve around 2 %... ** this they said they capable of giving out 8% pa every year ** where is the rest? Pink spider do highlighted this points.

Too much to write. Now getting old already....

In the world of investment, it is always said that when you are young, you should take on more risky assets, with higher adjusted returns. YOur stocks to bond ratio is around 80% stocks and 20% bond. When age catches up, slowly you move the ratio in the opposite direction. Sometimes I regret that I did not take on more risks when I was younger. I may have made more. Time has gone past now.

If Sgp students can still dig out time to learn investments, then I am really wondering why our Msian students are not able to ?

And finally,.... if you have a chance to earn 11% with monthly payout, then I start to wonder why do you choose to earn only 6.4% with annual payout ? So that you don't need to work hard in order to earn more ?

Well then,... people who do not intend to work harder should not complain if they do not gain more in life, especially when time was on their side when they were young. After time has passed, it will not come back again.

Finally,... I get the message - Msians would rather earn less so as to have an easier life. Perhaps this would be applicable for the older generation, but younger people ?? Middle-aged people ??