AS1M dividend will be out next Tuesday.

With more and more HNW, VHNW, UHNW friends in this forum, just wondering how does this profile look like.

I know some will try to put in fancy numbers, please try not to. Thanks.

No, I do not know who is who in this survey. Thus your identity is safe.

Cheerio.

New starter, got 100 only haha.
It's already suspended for dividend calculations? Gonna try to buy after investors received their dividends.

6 digits is the max? No?
I thought each account can max up to 200k only.

No 200K limit for AS1M.

For others, can accumulate dividends with total higher than 200K.

Say balance is 190,000, with dividend, then 200K+, AOK.

Aok?
How about asw2020 and asm?
What's the "limit of 200k"? Applied to all accounts? (It's only about dividends, not principal of funds?)

Hope you don't mind to tell me more, I'm very new in this.

(Assume dividends is 6.3%)
200k dividends = 200000 / 0.63 = rm3.1746 millions?

This post has been edited by heavensea: Oct 1 2016, 05:01 PM

The limit ia only for bumi account: asb, asb2. Other than that, it's only limited by your money.

Some people have 6-7 digit/account.

Hi bro, you again. Haha.

As1m gonna announced dividends as at 4th October? When I can try to buy it? (I want to try my luck if anyone sold after received dividends)

I thought there's a limit of total dividends "200k", which means total funds shd be around 3.174 millions ringgit.

Again no limit. Depend how much you have. The more you put, the more you will received. Dividend already announced. Giving only 6.1% :bleh:
Just that as1m will reopen for transection on 4/10. Good time to try topup. Usually on dividend day, 5 figure topup is not impossible.

There's no limit on dividend...
Even those ASB & asb2, including dividend can be more than 200k

hw about limit for funds? all unlimited ker?

I know a developer parking 5-60m in asnb...

sry double post.

This post has been edited by heavensea: Oct 1 2016, 05:51 PM

can I ask something out of topic here @@ hope u guys don't mind.

Hi ramjade, I just spent 1xk on housing dp...
I got a matured 5 digits gia, but I am afraid of my housing loan won't approved because my EPF is low (my gross income is very low 2k only haha.. I'm self employed folk) but my bank statements is strong due to "travelling allowance and etc" of my monthly income. Which means my monthly income is definitely > 2k per month

Thus I plan to keep all my FD (gia can be refer as FD) as well to prove that my annual income is strong, not as weak as my EPF statement though..

what do you think? Is it stupid for me to do so? (FD doesn't help much in mortgage approval?) bank statements and pay slips has proved everything? Can I take the matured GIA to pun into ASNB? This is golden chance for me to top up in AS1M, I want to try but I am worry abouy my mortgage approval.

1 more stupid thought... can I show my ASNB to bank to let them know where my money goes?

please kindly advise, tqvm.

This post has been edited by heavensea: Oct 1 2016, 05:59 PM

Only ASB is unlimited fund size..
Others have limit for respective fund.. Approval given by SC..

Developer parking 5-60m in asnb?? U sure about it??
Ansb funds is for individuals only.. Company cannot invest..

Khabar angin gelap yo XD

Do you know whether asnb can be a proof of income ability for "mortgage loan approval"?

I'm not sure bro...
Why not u ask your bank..
But some say those agents bank can including Ambank..

Thanks bro, tmr gonna ask banker. Many banks are agent now, so it's still a good news for me.

Tqvm have a nice weekend

First go get yourself one cc. Use it frequently in place of caah and pay on time. This will give you (+) rating which make it easier to get loan.
Second, why not? If your interest/dividend can show a steady passive income, banks can consider. Of course we are talking about 6-7 figure of prinicpal here in FDs or amanah saham. If you just show 4-6 figure, sure kena reject.

You are asking wrong person here. Still student. Try asking cherroy

tqvm,
have a nice weekend

Curious to know the changes in the top HNW in AS1M & ASM over the years. Increasing or decreasing?



Surprises:
* more HNW in AS1M than ASM
* richer HNW in AS1M than ASM

My estimated max is based on this

min <- delta1 -> avg <- delta2 -> max

assume delta1 = delta2

then max can be calculated


AA
What happened in 2012 with the steep increase in AS1M?

BB
Why the greater number of HNW in AS1M than ASM?

CC
Why richer HNW in AS1M than ASM though AS1M is the lower performing ASX?


I don't have the data for ASW as I do not have ASW (my wife has).

Updated with ASW data.



AA
I may be wrong here with my observation, I thought AS1M is the least popular one among the 3 ASX, with generally lower dividend rates over the years. But it has the highest RM per HNWI.

BB
Maybe as AS1M is not that popular, it becomes easier for people to get it and thus the highest HNWI?

CC
Surprisingly, ASM has the lowest in number of NHWI and also RM per HNWI.

The number of HNWI is on the slight decline over the years.

Why?

DD
With RM3.2 million in AS1M, this HNWI gets 3.2 million * 0.06 = RM0.192 million dividend per year!

Wait, wait, wait. He/she gets a free RM1 million (tax free) every 5 years! For not doing much except going to update the passbooks! Ha.


I am sure there are some of this HNWI here in Lowyat forum! You know who you are! Ha.