only issue if take ASB loan is when apply for housing loans will have some trouble. 

some banks recognized ASB dividend as income, some don't.. I think those agents banks recognized as income 

so it's depends 

Looks like registering for new account is trickier than topping up.

To paraphrase what Maybank and CIMB staff told me, registration takes some time and it's possible that all units are taken by the time you're done registering, leaving you with an account with zero deposit. In that case the account will be stuck in "pending" and rendered invalid (or something along that line). Whereas if you're registering at ASNB, they can reserve the units during registration to prevent the previous scenario from happening.

As expected, I had no luck in Maybank. Surprisingly CIMB staff phoned the local ASNB branch and found out that somehow new account with zero deposit is fine . So I proceeded with trying to open a new account there. In any case, I didn't find out whether zero-deposit was okay or not because I managed to purchase a small amount of ASW units  . Kudos to CIMB for nice service.

Also, the CIMB staff was told by ASNB that there were available units in the morning. So I'm even more confused as to why an ASNB staff told me no units available when I went there in the morning

Maybe I'll return to CIMB tomorrow and try opening zero-deposit ASM and/or AS1M account (I'll try to deposit but I don't think chances are not that good).

If you have RM500k in any of the 3 ASX FP, that's ~RM30k/p.a (using 6% as calculation) which can be used as source of income (applying loan, cc)
If you have RM500k in all 3 ASX FP, you get RM90k/p.a. Can retire liao

So your target is more than 1.5mil in ASX to get more than 90k pa?

Bro, my mother RM2k/month also can survive (govt pension) What more RM7500/month. Nak makan RM1k/meal memang tak boleh la.   
You didn't count EPF yet. If EPF maybe another RM10-20k/p.a. Not enough meh? 
Agreed. 
I topup last 2 weeks ago already. Borrowed my family FD. 

Auntie no talent in all these stuff. No more ASX hunting for me. Now I have only option to withdraw if ever in needs of extra cash to supplement my other incomes.

The next top up will b in Oct

hei all

just wanna find out from you guys.

when you do top up / update passbook OTC - Optopus or Tiger bank.
did the teller request for your IC
and insert into the Biometric Dock ,
and scan your thumb as well. ?

coz yesterday , I visited Optopus for updating my ASW and
top up ,
teller requested for my IC and scan my thumb for verification
, she mentioned it's new platform system .
( semua deposit / withdrawal must be accompanied with holder IC for verification purposes  )

btw , teller is my friend , so I believed her .....

Fruitful day. Tried ASW. Got partial amount then ask to try ASM and AS1M but no luck. Then after lunch, I tried ASW again. Got some but still behind my budget. So tried ASM and AS1M. Got some in ASM but teller asked me if I tried any in the same day. I said no. I only got ASW but she said got big transaction (5 digit deposit) in my ASM passbook. Then called the manager to help. She called PNB and confirmed the transaction but came from another bank (the same bank I went this morning. Both banks are tigers). So she called up the branch manager to clear things up. After awhile, gave me 2 options. If I want it, I need to withdraw from my account or sell back the units. PNB has lots of system problem recently but this time to my advantage. Spent a couple hours there. Have fun!

Forgot to share what happened at at Affin Bank yesterday.

Affin Bank is considered 'NEW' to ASNB transcation and now still on restricted license.

I went to update passbook and check for top up. Staff said the ASW is still on 'hold' until 2/9/16. Luckily I've learnt so much from this forum
( Thanks for all who shared knowledge here) and was able to to tell the staff that ASW transaction resumed by 1/9/16.

I was able to update one of my family passbook and top up without 'WAKIL' form as according to staff, I'm considered a 'familiar' face by now.
Previously, my niece has to sign a WAKIL form for me to assist her top up and update.

For update, the staff didn't ask for my IC/ Wakil form for others. I only need to produce IC for my own top up transaction.

A strange thing also happened  on 1/9.
As I did 2 transaction and total >50k, $$ out from CASA, the staff asked me to fill up declaration form.
I was a bit puzzle but anyway, filled it up as required. He said, if per day total transaction >50k, it's recently required by ASNB. Previously, I've done multiple transactions with total > 50k from CASA with no issues.

Auntie retired already la. Probably 2x ++ your age too!

Yes, but not much, cos system down in the morning

If they give cheque, you can use it to spend, shopping, reinvest elsewhere and manually topup

I wonder what's the rush with the greed for units?

Nowadays more or less I can acquire units easily. If can't get today just try tomorrow.

Sure or not, can top up 7 figures?

who topped up RM1,000,000 per day? manyak kaya lo...

Does the 5-7 figures include decimal 

Correct me, if I am wrong. There is a Maybank branch, behind the PNB headquarters along Jalan Tun Razak. One just makes cash withdrawal at the Maybank branch, and quickly go to PNB headquarters. The chances for successful ASNB top-up is better in PNB offices, than in agent banks.

The risk of cash withdrawal is still there, but should be lower, since the Maybank branch is located next door to PNB headquarters.

Is my opinion correct?

Is this new for ASNB ? One of my relative said their acct number was different for the 2 accounts that they have with ASNB. 
The ASG was bought in Sept 2014 and Apr 2015. There is a drop of about 15/16 cents from that time to now ! 

Majority inside FP & dividend stocks now. Still have some FDs at Affin 4.3% & HLB 4.25%.
Can survive with dividends from stocks without touching FP dividends.