It looks kind of miserable these days judging from the recent feedback on lack of units.

I myself haven't been active on ASX in recent months. Good luck to the active investors.

My son is back for the CNY. Took him to Affin this morning. The guy there was really helpful though he has many other customer's applications to process. Mine is at a higher priority as my son will be leaving for KL tomorrow. Ha.

Hope to get a call from him this afternoon to go back to sign, meaning the account opening is OK! Ha.

Which ASx fund?!
Anyhow good luck..

This post has been edited by nexona88: Feb 3 2017, 01:09 PM

Just came back from the bank.

Got AS1M ac for my son.

It really depends on how willing/helpful is the staff that determines whether you can open an account or not.

Thanks to the staff.

This whole week.. unfruitful

This post has been edited by danslater: Feb 3 2017, 02:31 PM

Congrats
Yeah, it's all depending on staff..

Guess less people withdraw after cny

It is just timing problem

actually more are depositing into asnb funds

News from Tabung Haji thread next door: 4.25% this compared to last year's 5%
Combined with steep drop of ASB last month, I am now worried about ASM, AS1M, ASW

If I purchase AS1M units today, do I get the dividend in oct 2017? Or I have to wait next year ?

How many units u got? I managed 800 units only. So sad

Insider info said dividend limit will be at 6%

Of course. But you only get dividend for March-Oct. Dividend is based on lowest amount of the month.

Only 100. Make life easier for all with 100 just to open the account first.

Well u not alone..
I'm expecting lower than 6%
Around 5.5% to 5.8%

Anyhow seems even AS1M is hard to get nowadays..
Previously so easy.. Any amount also can hit close eye only

I notice early birds easily get. I mean when the agent banks open for business.

Actually some people say don't buy too much coz gov no money repay back. What is your take on this? I'm quite new to this.

So that some people can grab the units?

That is the million dollar question.

I was trying to find out what happened to Greece's EPF equivalent, did the account holders manage to get their capital? No answer yet. That will give me some idea of this govt monetary game they play. Trustee or not, that will not keep ASX 100% fail safe.

My take is, if the govt is really in that situation, then many other financial institutions will be in similar situation, most will be in even worst situation as the govt can do this and that with their magic hands to stay afloat.

Don't just put money in there (or any other places blindly). For ASX, keep yourself up to date on what is happening with ASX. Eg are they going to change from FP to VP? Sign of trouble ahead. I will get out within 1-2 days if the news is confirmed.

Keep your eyes and ears open for other secure investments with good returns. Do lots of study. Then park some $$$ there.

I know a friend who has invested some $ with 20% return every month! AND HE HAS BEEN DOING THAT FOR OVER A YEAR NOW! Too good to be true and I prefer to stay away from that.

All the best.