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 Ultimate Discussion of ASNB (47457-V) Se7en, Wholly owned subsidary of PNB (38218-X)

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Chrono-Trigger
post Nov 8 2016, 12:48 PM

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was at Affin. system down
Chrono-Trigger
post Nov 8 2016, 01:00 PM

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QUOTE(tonytyk @ Nov 8 2016, 12:59 PM)
Affin or ASNB system down?
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asnb
Chrono-Trigger
post Nov 9 2016, 12:14 PM

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anyone top up today ?
Chrono-Trigger
post Nov 9 2016, 01:05 PM

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no units today
Chrono-Trigger
post Nov 16 2016, 01:55 PM

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Top up 5K hehe
Chrono-Trigger
post Nov 16 2016, 04:35 PM

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tax free renewed every 10 years?
Chrono-Trigger
post Nov 18 2016, 10:51 AM

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let's all grow rich with PNB

In PNB we trust
Chrono-Trigger
post Nov 18 2016, 11:05 AM

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QUOTE(Hansel @ Nov 18 2016, 10:58 AM)
Hmm,... I used to think like this, Chrono,... but after the RM started falling and losing its purchasing power, this idea, I'm afraid is no longer true,... Like I said earlier, if the purchasing power of the RM is near to the SGD's, then YES,... this is the best, if not one of the best investments, in the world,...
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Any idea where to put money now?

I very conservative in my money.

Can put in Singapore dollar?
Chrono-Trigger
post Nov 18 2016, 11:11 AM

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is my calculation correct if I put money in Singapore dollar FD more worth than PNB?

For example ASW2020 gives 6.1% return for RM100,000

after 1 year : RM106,100


If put in Singapore dollar FD for 1 year, 1.15% return but with 6% appreciation against ringgit, return is still higher than ASW2020 in ringgit term?



This post has been edited by Chrono-Trigger: Nov 18 2016, 11:12 AM
Chrono-Trigger
post Nov 18 2016, 11:19 AM

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QUOTE(Hansel @ Nov 18 2016, 11:12 AM)
I think buying the SGD and the USD now is better,... diversify out. Not only the SGD. But need to do it quickly,.....

Then find ways to invest the SGDs and the USDs,... look at the many discussions in this forum. Prince, AVFAN and others will comment too, bro,...  thumbsup.gif

Problem now is need to do it quickly,.... I think the utmost thing is to go open the bank accounts in Sgp first,... before they close their doors. But of sourse, you must prepare the funds, no need in millions, bro,...
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Let us say in a hypothetical scenario there is capital control, how would it affect our investment oversea?

Chrono-Trigger
post Nov 18 2016, 11:20 AM

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QUOTE(Ramjade @ Nov 18 2016, 11:14 AM)
Depends. If RM can depreciate by > 6.x% against SGD/in a year. People who park their money in SGD usually buy SG REITS.
Undergraduate student only la.
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from my observation, Ringgit seems to depreciate against SGD at about 3-4% annually.
Chrono-Trigger
post Nov 20 2016, 08:10 AM

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QUOTE(nexona88 @ Nov 19 2016, 08:50 PM)
Move to SG reits & into property blush.gif
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Singapore economy is not doing well from what I read.

Retail business struggling with tenancy. Some malls empty. Won't that affect REITS return and a bit risky too?
Chrono-Trigger
post Nov 23 2016, 12:02 PM

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QUOTE(wil-i-am @ Nov 23 2016, 10:43 AM)
On point #2, it's tough n challenging to pick n choose the right asset class (aka looking for a needle in a haystack)
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geopoltics also changing in southeast asia, singapore also uncertain
Chrono-Trigger
post Nov 23 2016, 02:04 PM

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QUOTE(wil-i-am @ Nov 23 2016, 02:01 PM)
Went to Affin Bank to check out FD promo rates
The teller told me tat 1 customer managed to top up 5 digits of ASW tis morning
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sigh i no bullet now

want to put more

should i withdraw from this FD locked in 6 months to put inside asw?
Chrono-Trigger
post Nov 23 2016, 03:29 PM

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QUOTE(rickarch @ Nov 23 2016, 03:18 PM)
managed to top-up 5 digits for ASW2020.
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what time you went??
Chrono-Trigger
post Nov 23 2016, 03:32 PM

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QUOTE(rickarch @ Nov 23 2016, 03:31 PM)
multiple transactions
around 3PM
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congrats

too bad i no bullet now.

but i very itchy want to withdraw FD to put in asw2020 , scared also no money for emergency...


account is like RM600 left for the rest of the month... hehe

This post has been edited by Chrono-Trigger: Nov 23 2016, 03:33 PM
Chrono-Trigger
post Nov 23 2016, 03:38 PM

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QUOTE(wil-i-am @ Nov 23 2016, 03:36 PM)
I wud advised u allocate some monies for emergency
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thanks for the advice
Chrono-Trigger
post Nov 23 2016, 03:39 PM

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QUOTE(nexona88 @ Nov 23 2016, 03:38 PM)
u need to keep at least 6month expenses as your emergency money..

basic rule  biggrin.gif
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but isn't ASx also can serve as emergency money?

i mean they are liquid right?
Chrono-Trigger
post Nov 23 2016, 03:42 PM

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QUOTE(wil-i-am @ Nov 23 2016, 03:41 PM)
U r indirectly correct
Having said tat, ASx is for u to increase wealth instead of unforeseen events
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ha true also.

Last time my mom wanted to withdraw ASx, the bank officer told her don't sell, better to just withdraw from FD biggrin.gif

but having said that, ASx does look less liquid because unlike FD and cash, it cannot be transferred to other account on the spot/ interbank giro, etc. need to make a trip to the counter to withdraw and line up etc.

This post has been edited by Chrono-Trigger: Nov 23 2016, 03:44 PM
Chrono-Trigger
post Nov 24 2016, 08:22 AM

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QUOTE(nexona88 @ Nov 23 2016, 11:21 PM)
please don't have any feeling against your ASx money..

if really needs the money. then just withdraw it.. don't like "sayang lar mau withdraw after so much hard work done on hunting"  bruce.gif

no one will keep ASx forever.. it's just temporary parking place only..
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nothing in this world belongs to us, only those we give away.

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