how much needed, bruh?

You need to learn how to properly calculate ROI and all the proper meaning of each terminology.

You are not doing "nothing" for 25 years. Throughout the whole 25 years the burden of 600/month is on you, not on the asb to give you dividend - hence your assumption of "goyang kaki" for 2nd year onwards is absurdly flawed. Counting only the money out of your pocket is exactly how the banks are manipulating misinformed Malays to use it as a get rich quick scheme.

Liability of the asb loan 600/month is on YOU to pay the bank, ASB can say fuck you and not give you a single cent of dividend in the future, then who's gonna have to pay the loan? and yet you only consider 1 year payment and then 25 year of profit for your ROI calculation, any decent accountant will laugh at your face - which is what I'm doing now, since I am an accountant, lel.

Let me guess, next you're gonna say "but ASB has been proven to give dividend constantly throughout history" - nope, their dividend has been constantly REDUCING in history, it's always in a downward trend and paying ASB loan with the dividend you get only serves as a get rich quick scheme that benefits the bank.

Any decent analyst will tell you paying the loan with dividend is such a stupid thing to do as you are not leveraging on the loan at all. Again, this is why most Malays (with my aunt included) are still stuck in this asb loan loop - oh, woo hoo, pay 600/month for 25 years I'll get 100k in my ASB, but oh shit, they forget 600/month saved for 25 years will give them 180k without counting the dividend.

Malays are just fukin lazy, that's why most Malays are hardly rich, just average or poor.

this is why i didn't take asb loan. and this 600/month will count as liability or not if we want take house/car loan?

because some said asb loan count as profit?

and yeah with inflation i don't think 100k in 25 years will be same value with 100k now

Simple calculation only.
Check what is installment for certain tenure and times 12. Normally the figure is around RM1,200/m for 25 years so that's mean you need to standby around RM14,400 for it.
It's recommended to stretch the tenure around 25 years if you want to cover your next year installments with current year dividend.
You can easily sell your asb off after few years. The risk with ASB loan is pretty minimal though if you really know what you do.
Normally, people just sell it off after 5 years and they can gain almost double of profit by doing that alone compare to saving your own.
Of course, if you can keep paying the loan until you sell it off, the potential profit is much higher.
It always recommended to apply for ASB loan if one doesn't have any plan to buy any property yet for certain period.
At least the estimated profit that they can get can be use to pay for house loan deposit after few years.

Ask Mr.docter how much he got after cancel his asb loan for how many years

Didn't cancel yet.

I am changing my plan. Instead of playing short game, I am going for 400k minimum for as long as I can.

You need to learn how to properly calculate ROI and all the proper meaning of each terminology.

You are not doing "nothing" for 25 years. Throughout the whole 25 years the burden of 600/month is on you, not on the asb to give you dividend - hence your assumption of "goyang kaki" for 2nd year onwards is absurdly flawed. Counting only the money out of your pocket is exactly how the banks are manipulating misinformed Malays to use it as a get rich quick scheme.

Liability of the asb loan 600/month is on YOU to pay the bank, ASB can say fuck you and not give you a single cent of dividend in the future, then who's gonna have to pay the loan? and yet you only consider 1 year payment and then 25 year of profit for your ROI calculation, any decent accountant will laugh at your face - which is what I'm doing now, since I am an accountant, lel.

Let me guess, next you're gonna say "but ASB has been proven to give dividend constantly throughout history" - nope, their dividend has been constantly REDUCING in history, it's always in a downward trend and paying ASB loan with the dividend you get only serves as a get rich quick scheme that benefits the bank.

Any decent analyst will tell you paying the loan with dividend is such a stupid thing to do as you are not leveraging on the loan at all. Again, this is why most Malays (with my aunt included) are still stuck in this asb loan loop - oh, woo hoo, pay 600/month for 25 years I'll get 100k in my ASB, but oh shit, they forget 600/month saved for 25 years will give them 180k without counting the dividend.

Malays are just fukin lazy, that's why most Malays are hardly rich, just average or poor.

Please xeda, compare self saving and ASB loan(with compounding effect). I'd like to see how can you conclude that self saving can give better ROI.
I'll belanja you if you can prove it quantitatively.

I know where you're coming from. Dividend does varies, but please compare that year dividend with BR/OPR.
That goyang kaki technique of course comes with a asterisk disclaimer. But its still easier to implement and relatively low risk as one can opt out anytime without lock in. One don't have to serve that full 25years you know. Think of it as kind of TPD/death insurance too.

This is where I'm going to say that you're a decent accountant(citation needed) but you fail to see the bigger picture. You fail to see how vulnerable general public are when it comes to investment. If you want to play your part and educate them further, feel free. In the meantime I'll say let them "fall" for ASB loan even though its not the best. As for me, its always better this than self saving or no investment at all.

Simple calculation only.
Check what is installment for certain tenure and times 12. Normally the figure is around RM1,200/m for 25 years so that's mean you need to standby around RM14,400 for it.
It's recommended to stretch the tenure around 25 years if you want to cover your next year installments with current year dividend.
You can easily sell your asb off after few years. The risk with ASB loan is pretty minimal though if you really know what you do.
Normally, people just sell it off after 5 years and they can gain almost double of profit by doing that alone compare to saving your own.
Of course, if you can keep paying the loan until you sell it off, the potential profit is much higher.
It always recommended to apply for ASB loan if one doesn't have any plan to buy any property yet for certain period.
At least the estimated profit that they can get can be use to pay for house loan deposit after few years.

This is best answer so far xeda knows nuts about asb

You want to invest but too lazy to read and do more research?
In short, that personal loan idea is dumb. That 200k loan can be dumb too. It depends on your situation.

ASB loan..well..is a loan. It will affect your Debt Service Ratio(DSR) and might cause your life plan to haywire. Always tread every investment carefully and make sure what you're getting into.

The ultimate thread on ASB loan

main points for ASB.

-get to 200k asap
-dont touch dividens, instead make an OD facility with the ASB cert as pledge

rest can be discussed in Financial forum

OD backed by ASB cert is no longer offered iinm...

Selling off your asb loan is another matter altogether la, u wanna bring in the whole selling off, apply new loan, rinse and repeat to a TS who knows shit about ASB?
And you know a lot? sure bro, I know nuts about ASB, whatever floats your boat.

Mana tunjuk dekat aku bank Islam personal loan is 3.7% je? Aku tengok its 5.2% minimum.
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Rule#34. Dont pay loan with another loan. You gain nothing at all. Might even rugi.

this is why i didn't take asb loan. and this 600/month will count as liability or not if we want take house/car loan?

because some said asb loan count as profit?

and yeah with inflation i don't think 100k in 25 years will be same value with 100k now