LOL why u guys take so seriously with the calender . ~.~

It just a calender right?

Second try.
Asw2020=nil, asm+as1m=5 digits.

ASM= RM100 / ASW2020=1K AS1M= few K,  been trying since 1st Dec, everyday

System working? Cimb mentioned system down

My company all withdraw pos malaysia. Alot but system good, but maybe down to avoid cash out too much in bank hahaha. Too many cash out we have to say system down. Perhaps? 🤔

Individual bro, 3-4 people of the guy in company hehe

Not the company itself. 😬

Pos Malaysia got limit today not??
Friends of mine said cannot withdraw "big"
Each customers have limit..

Pos Malaysia got limit today not??
Friends of mine said cannot withdraw "big"
Each customers have limit..

POS Malaysia told me before that withdrawal limit for ASx is RM6 perday.

Might it be coz uncle and aunty all panic on the low FD rates, and gear up their energy to push uniits in.. ie. no reporting it here..

Sorry ladies and gents, was away on an extremely long break and just caught up with everything (lots of posts to read). Anyways, here's my views based on the info that I have.

Are PNB/ASNB worried? No. The bumi's are always famous for failing to understand the concept of compounding interest and as such they'll be expecting the normal withdrawal in the first month of 2017 just like all the previous years. People cancelling their ASB loans? I'm of the opinion is better to weed out those who shouldn't be eligible in the first place and have the quality borrowers. 

Should investors be worried? Yes and no. Yes because ASB broke the 7% floor but that's more to do with AWO than anything else. Market participants and my insider contacts says that AWO is not a fan of using/dipping into reserves to prop-up returns unlike their neighbors Tabung Haji. What they make they'll pay out. Internally I believe the benchmark is set for 6% across all funds, I believe I read it in one of the analyst reports.

No because PNB will not allow its bread and butter FPs to drop below 6% (IMHO). EPF and LTH has only just recently breached the 6% and above returns for their funds as previously it was the domain of PNB's funds. The only mistake PNB did is not managing expectations for ASB returns. EPF played it smart by saying much earlier in mid-2016 that savers SHOULD NOT expect returns of 6% and more due to market conditions.

I know all the "press release" or "damage control" stuff flowing out of PNB/ASNB is cliche' but it's the truth. Minimal risk with returns above and beyond anything comparable. The spread between most FDs to FPs is still 2% at the very least while the spread between ASB returns and BLR/BFR is still almost 2% too so "apa lagi malaysians mahu?" to paraphrase a previous headline.

I mean come on guys, KLCI did go -ve in returns for the past 3 years and that's a fact. I'm in the camp that believes our "real" inflation rate is 4 to 5% rather than the quoted 1.8% CPI so the returns are still "competitive" (as per PNB's statements) as compared to the risk associated with FPs.

Again, the above are my views so you're most than welcome to agree to disagree 

Hello. Have been a lurker for quite a while. As a newbie, I have to say I benefitted immensely from the discussions here. Thanks to TS and everyone who shared.

Successfully opened all three ASW2020, ASM, AS1M accounts today. An empty stomach and a full bladder almost made me quit after 5 hours. But worth it as I managed to throw in a high 4-digit.

First step of a long journey with ASNB.

Sorry, don't even have time to go to bank to try.