OK, we are learning. I am still new in ASNB world. Just saw your post in the FS thread.

Well not only u..
My holding in AS1M also highest because too easy to get previously

Is it possible with scenario below? (If one really wants more ASW.)

On 1/9/16 ex ASW dividend, go to bank and try to log in 10-50k ASW/ (or max allow by the bank's limit as Affin only allows 10k). If successful, sell AS1M to pay for ASW.

Yes. No problem. Cause if can do with ASG, should be no problem with ASW. I contra from ASG into my fixed price fund.

And your main point is?

This will be good for those who wants more ASW but with limited $$. They can always try on 1st of every month to check the availability of ASW without losing the month interest, right?

Yup. The trick is tell them you want topup xxx amount for ASW2020. Don't show them your other book. Once you get what you want for ASW2020, produce your book which you want to withdraw from.

If they ask source of income before hand, you cannot use this trick. This was the trick I used to used to contra ASG to ASW2020.

yes. No problem.

it's like from left pocket to right pocket

Ha, so I can still buy AS1M and then contra the ASW/ASM later. Still pass 3 books.

Yup. Doable. But keep in mind that some bank cashier will not want to do it for you (if they asked source of cash before hand) as it's more work for them (personal exp)

Auntie was thinking of you as it's easier to hit on AS1M now.

I've already using ASX FP as a 3-6mths 'FD' placement as rate is still higher than FD. Fortunately, I can continue to let the units hibernating inside as I still have some previous FD$$ in investment bank waiting for placement.

Auntie is real UHNWI, me not.

This post has been edited by bbgoat: Oct 8 2016, 08:01 PM

The amount required still acceptable. Every investment come wih risk , either u willing take it or not...research is a MUST.


Mind to pm me details?

Ya totally agree with you, wealth without health is not an achievement!!

Yes, it's feasible
I supposed tis strategy is rather sad n not worthwhile as u have spent time n effort initially to top up

Only for those who have too much AS1M and too little ASW.

I'm happy with whatever hibernating inside my 3 accounts right now.

Yes, I think I will just let it be as well. My strategy is still during top up, request AS1M xk, ASM/ASW x0k. Have been doing that for last 2 days of hunting. I wrote it down on the queue sheet and passed it to the teller. This slows down my AS1M some how.

Any particular preference between the ASW and ASM ?

My ASM is still higher than ASW.

Nothing diff actually. That's why I curious. Why people glorified asw so much. Just because of quota pffttt.