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 Ultimate Discussion of ASNB (47457-V) VI, Wholly owned subsidary of PNB (38218-X)

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Ramjade
post Aug 30 2016, 12:30 PM

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QUOTE(audy @ Aug 30 2016, 12:22 PM)
AS1M and ASW dividends don't differ that much, why not just leave AS1M as is and just focus on topping up for ASW instead of moving funds from AS1M--> ASW?
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Some people like to balance their holdings. But some do it to earn income 3x/year Dividends don't differ but say you have RM750k in AS1M and only RM1k in ASW and ASM, some people prefer it to be RM250k in ASW, RM250k in AS1m, RM250k in ASM. That way one is assured of getting 3x same dividend per year which can be withdrawn to invest somewhere else (if one can find something which pay 7%+)/passive income if one is retired. Compare that with only receiving one time payment in a year.
Hope it's clear.
Ramjade
post Aug 30 2016, 12:58 PM

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QUOTE(OPT @ Aug 30 2016, 12:52 PM)
3rd try today still elek..
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Are you trying for ASM/AS1M?
Ramjade
post Aug 30 2016, 03:41 PM

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QUOTE(prince_mk @ Aug 30 2016, 03:22 PM)
Do u still purchase PM UT? D performance is not so good.
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I never purchase any UT from anybody except ASNB. And after learning my fiasco regarding ASG, I am not going to buy UT based in name. That was expensive lesson. Didn't rugi. Didn't profit much. Will profit more if I had put promo rates FD instead of ASG.
Ramjade
post Aug 30 2016, 03:51 PM

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QUOTE(audy @ Aug 30 2016, 03:49 PM)
Sorry, a bit out of topic.  Are you a PM investor? What do you reckon...hold?
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Sell and switch to other UT sold by FSM. Check the public mutual thread. dasecret already posted performance of the PM funds for 5 and 10 years. Future looks bleak for PM.
Ramjade
post Aug 30 2016, 05:59 PM

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QUOTE(filage @ Aug 30 2016, 05:38 PM)
Guys, if change new passbook teller didn't print any balance on the new passbook, is that acceptable?

Friend went to change books. First book the teller made the new book with a "B/F balance" 1 line. That's normal.

But after that teller give excuse say so many customers. Supervisor issue instruction to serve other customers first. 2nd book suggest to be left with teller and come later like 30 minutes or so.

But later on came 2nd time when 2nd book changed, after the new book issued the teller say "Oh no transaction topup or keluar unit, so no need to print any lines. Amount is the same." What the heck. So the first page is all Kosong.

Hmm.. later friend went to another bank ask them to print, and yes they did print the B/F 1st line for him. Although at first they say "System is very slow today. Can you wait?"

Another case of lazy staffs again.
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Suppose to have. But since in the system so it's ok. That day the affin bank staff went and print 2 pages behind. Now the blank 2 pages cannot use cause apparently the book have specific lines in the computer record. So my 2 blank pages burn.

This post has been edited by Ramjade: Aug 30 2016, 06:00 PM
Ramjade
post Aug 30 2016, 08:37 PM

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QUOTE(twinkle5129 @ Aug 30 2016, 07:29 PM)
Will see by next year dividend date. Will keep AS1M for now as it's <ASW & ASM. It's difficult to try to buy ASW and sell ASM at AFFIn on same day as max transaction at the moment is 10k. Hopefully they get FULL license by Sept and increase the selling quota.
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If contra into SA/other ASX FP directly? Should be possible right? I remember I contra >RM10k from ASG into ASW at affin before. hmm.gif hmm.gif
Ramjade
post Aug 31 2016, 10:42 AM

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QUOTE(filage @ Aug 31 2016, 10:04 AM)
Wow, what a bad timing on the calendar. Looks like no chance to topup on 1st day of dividend date after this ASW.
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Just topup on Monday. Sure lots of people withdraw on Monday. thumbup.gif Only won't get dividend for that month.
Ramjade
post Aug 31 2016, 12:40 PM

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QUOTE(wil-i-am @ Aug 31 2016, 12:29 PM)
Which Mon u r refer to?
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QUOTE(nexona88 @ Aug 31 2016, 12:33 PM)
Boss 3 Oct cuti lar.. Replacement public holiday..
Awal muharram laugh.gif
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Wah did't follow the calender la. biggrin.gif
Ramjade
post Aug 31 2016, 09:16 PM

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QUOTE(tonytyk @ Aug 31 2016, 09:04 PM)
What time the hunting start?
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If you have access to asnb branches, you can start trying at 815. If don't have, wait for banks.

This post has been edited by Ramjade: Aug 31 2016, 09:17 PM
Ramjade
post Sep 1 2016, 03:37 PM

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QUOTE(OPT @ Sep 1 2016, 03:34 PM)
Not that big actually, nowhere near my record. It dwarf the units I got during May-June period...because I'm not doing transaction at my home branch, so there's a limit  nod.gif
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Got such thing meh? hmm.gif BTW, total 6 figure or 5 figure today?
So much money being channel into ASW today. Poor banks. biggrin.gif laugh.gif brows.gif
Ramjade
post Sep 1 2016, 03:56 PM

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QUOTE(OPT @ Sep 1 2016, 03:41 PM)
Got lar...if not, I won't opne so many accounts with different banks  tongue.gif
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Maybe my amount peanuts so never faced such restriction unlike taikor. notworthy.gif
So total how much? 5 figure? 6 figure?

QUOTE(nexona88 @ Sep 1 2016, 03:47 PM)
a few hundred million out today  bye.gif  bruce.gif
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Imagine that amount used to stimulate the economy or how much money the bank lost by people not putting them into FDs.
Ramjade
post Sep 1 2016, 04:07 PM

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QUOTE(nexona88 @ Sep 1 2016, 04:03 PM)
well the amount really can stimulate the weak economy.. more people spend, means more GST collection.. more happy jibby becomes  dry.gif  laugh.gif
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If next year tak nak kasi unit, many will just take and spend it but bad for those want to topup. biggrin.gif cry.gif
Ramjade
post Sep 1 2016, 07:55 PM

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QUOTE(OPT @ Sep 1 2016, 07:28 PM)
Need until such extend meh? Using ASB dividend as income... rclxub.gif

IMHO, if such is the case, better buy a cheaper house if for own stay. If for investment, it's stretching too much
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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

This post has been edited by Ramjade: Sep 1 2016, 07:57 PM
Ramjade
post Sep 1 2016, 08:45 PM

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QUOTE(OPT @ Sep 1 2016, 08:09 PM)
I think 30k p.a. Is not much nowadays...

90k p.a. can retire? 🤔
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Bro, my mother RM2k/month also can survive (govt pension) What more RM7500/month. sweat.gif Nak makan RM1k/meal memang tak boleh la. whistling.gif
You didn't count EPF yet. If EPF maybe another RM10-20k/p.a. Not enough meh? rolleyes.gif

QUOTE(wil-i-am @ Sep 1 2016, 08:19 PM)
U have an expensive lifestyle  tongue.gif
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Agreed. laugh.gif

QUOTE(twinkle5129 @ Sep 1 2016, 08:15 PM)
Did you managed to top up today?
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I topup last 2 weeks ago already. Borrowed my family FD. rclxm9.gif

This post has been edited by Ramjade: Sep 1 2016, 08:49 PM
Ramjade
post Sep 1 2016, 09:08 PM

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QUOTE(nexona88 @ Sep 1 2016, 08:51 PM)
I don't think banks accept others ASx as source of income..
ASB got sijil, so simply cannot withdraw.. So yearly dividend is confirm..
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I think can accept. If other fund maybe cannot. But ASX FP I think can due to the nature of it. Haven't try before (not enough to reach threshold for CC application). Masih peanuts/ikan bilis cry.gif cry.gif
Ramjade
post Sep 2 2016, 02:25 PM

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QUOTE(yvonne2016 @ Sep 2 2016, 01:49 PM)
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 .....
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Most likely. But if worker lazy or know you well, they won't take your IC or scan your thumbprint.
Ramjade
post Sep 3 2016, 01:05 PM

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QUOTE(twinkle5129 @ Sep 3 2016, 10:22 AM)
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
( notworthy.gif 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.
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QUOTE(cheahcw2003 @ Sep 3 2016, 12:37 PM)
Same experience with me,  the teller will ask me to fill up the form if he/she remember,  most of the time they forget.
My experience of > 50k with octopus bank
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I think RM50k is with cash need to isi borang. RM50k from CASA don't need borang. Maybe staff confused? hmm.gif

QUOTE(filage @ Sep 3 2016, 12:45 PM)
Is there any risk teller accidentally reverse your transaction after topping up?

Don't want later one day go to update balance, the topup amount become deducted.
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No. It can only happen if
(i) you don't have the money. They can wait until closing time while they hold your book
(ii) they key in 2x and you don't have the money.

Experience (i) before. Luckily I got the cash or else kena reverse.
Ramjade
post Sep 3 2016, 01:59 PM

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QUOTE(OPT @ Sep 3 2016, 01:36 PM)
Now I know I'm far far behind auntie  blink.gif  blink.gif
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QUOTE(nexona88 @ Sep 3 2016, 01:57 PM)
Hahaha now u only know huh laugh.gif
Me also cannot be near to auntie blush.gif
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The one able to match auntie is big boss, wil-i-am, hansel, auntie kangaroo notworthy.gif notworthy.gif
Ramjade
post Sep 3 2016, 10:52 PM

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QUOTE(kjlow88 @ Sep 3 2016, 10:35 PM)
Hello sifu and teachers ,good evening😄
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Hi, good to see you here. Welcome to the world of FD on steroids/hybrid FDs.
Ramjade
post Sep 5 2016, 01:58 AM

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QUOTE(neuro4869 @ Sep 5 2016, 01:10 AM)
Alright, another noob qeustion. For the first time registration i need to walk in to any bank(like maybank or cimb) branch and open an ASB account is that correct? This can't be done online right? But after creating my account i can manage it(eg; i decide to withdraw or invest more) online right? If i am to be abroad for 4 years or something and can't attend to bank branches in Mysia.
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Are you a malay/bumi? Cause only malay/bumi are entitle to ASB/ASB2.
You cannot withdraw online. Can only depost. Each deposit cost RM1.06/transaction.
Maximise profit, deposit your money before/on the 1st of the month to earn dividend for that month.

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