No assurance from govt for ASX ?

I manage to open 7 asnb ac last sunday @ kuala terengganu asnb
Asb asb2 asm asd asw as1m asn for my baby. But cannot open asm ac for myself & 1st son due to fund unavailable..

Got 2 goodie cz of open ac asnb mercandise

Actually i submit 11 form for ac opening. But only 9 was success. 2 cannot open due to qouta..  😄

Ya that's in my mind, get the book first, any other top up can do in further.

Managed to top up good 4 digits ASW for myself and another 4 digits for my niece.

My niece completed her target for ASW & ASM at the moment.

For myself, just need another 4 digits to complete my personal target.

   
Too much inside. Need to sell some ASM & AS1M later after ex dividend.

must plan how to distribute my upcoming July maturing Fds.

Meantime, I will help other family members to buy if they want to open accounts later.

I have a silly question here, if you all do not mind.

For those who plan to bring 4 to 5 digits or more in cash to invest in ASNB, do you withdraw your cash over a bank counter?

If I am not mistaken, the maximum amount for ATM withdrawal is RM 5000 per day, so it is not practical to use ATM card for such withdrawal.

Thanks for the advices.

My ASM & AS1M target was over my personal target by 1/6/16. I had 'left over' $$ (reserved for ASW) and decided to try to 'save' everything in before my itchy fingers use it for other stuff- luxury hobbies . 'Unfortunately' it was too easy to get ASM & AS1M on that day- 1/6/16. and all $$ managed to find 'resting' places in ASM & AS1M without much 'struggle'
For CIMB- max ATM withdrawal $10k.
Still need to be extra careful with ATM withdrawal.
I always take extra caution when I see anyone wearing helmet standing near the banks/ motorcyclist waiting by the side.

Based on my rough estimation, if my asx has ard 400k, i will get ard min 25k per year and within 5 yrs total savings will become 600k. Just wonder should i put that much ? Any insight?

Not sure about banks but POS Malaysia is 5000.

Up to your personal comfort level. Must still diversify- FD, property and other type of investments.
Part of $ saved in ASX are planned for new property. I've been planning to get a new condominium at Canal City but unable to 'agree' with the current unit's layout ( Eco Sanctuary) on offer. I've booked and cancelled 3 properties since beginning of this year after getting to know LYN's property forum. Learnt too much details on each project and finally family decided not to move out from current place.

I also feel right now is not the right time to get a new property. (An acquaintance just bought a resale condo here for $600k+ for rental, minus maintenance= $15k/ year. )
Too much $$ resting in principal HLB and worst with upcoming maturing FDs in July. And thanks to LYN, I get to know ASX FP existence.
  Maybe in future I'll ask more about taking loan and use my ASX dividend to pay for loan instead. (if dividend still at 6%+ and loan still at 4%+)

Normally what are the reasons for bonus dividend given on certain years? Good earnings/economy?

Today I go try not even 100 units for ASW. Probably units captured by Aunt Twinkle.

During this period, I'd only sacrificed my 'free' times for 4-6 visits/ day to few banks and spent very minimal on transportation. I've also contacted 3 banks customer services to complaint and compliment their staffs for the 1st time in my life.

  Thank you everyone for sharing useful infos here. All my passbooks are      .
 

It'll be a smooth journey for you compare to the rest of us here. Anyway, I'll still wish you good luck too.

Managed to top up 4 digits for ASW. No unit to open As1m account. 😅

Manage to TOP up 5 digit for asm this morning. No units available for asw & 1 Malaysia

Managed 5 digit in total today.

Not much ppl can sit there wait whole day for opening account.

Unless you are student or boss/boss's son/daughter that no need to work loh

Has anyone received their official 'pengisytiharan amanah' from ASNB? I was told it takes 3 weeks for them to send it to your address. This is my 4th week waiting for it.