So far, I heard people went to Pos office and maybank to open ASNB acc.

I wonder, does anyone here opened an account successfully from alliance bank?

I plan to open asm or as1m.


Still, any advice on this? Better to put all in ASW or opened other 2 and split my funds to all three?

Oh I see. Luckily I asked. I planned to go for
alliance bank haha

But the 3x dividend per year, how you calculate?

If I have MYR 600, I throw all to ASW with interest of 3% on dividend.



Is it the same amount of dividend I earned , If I throw MYR200 to each fixed funds and they all have the same 3%?
Sorry, I can't tell you are advising me seriously or ... 😅


I see. Thank you so much on the opinions. I am still confused on 3x dividends.

[quote=veera77,Nov 16 2017, 11:09 PM]
Dividend date:
ASW2020 - 1sept
AS1M - 1 oct
ASM - 1april

If u have rm30,000...and put rm10,000 in each ASx. Let say dividend is 6% for all ASx

1sept..u get RM600 fr ASW
1oct...u get RM600 fr AS1M
1april..u get RM600 fr ASM

But if u put all 30k in ASW, then u get RM1,800 on 1sept every year.
I see. Thank you so much on the opinions. I am still confused on 3x dividends.

[/quote]

[/quote]


[quote=Ancient-XinG-,Nov 17 2017, 01:12 PM]
I am serious...

if you have the time to try open. do it.

if you think its troublesome, focus on one.

its the same afterall.

[/quote]
Totally understand. Thank you so much

SO in a nutshell, the more mature the fund, the higher yield it has, hence ASW -> ASM -> AS1M.

Am I right?

I see. Thank you so much for your willingness to share it with me.


I think you need to open the other 2 accounts separately in order for you to be able to invest into ASM or AS1M. Since you just opened ASW, hence you can only invest into ASW for now.

Correct me if I am wrong.

[quote=Ancient-XinG-,Nov 18 2017, 07:24 AM]
Totally understand. Thank you so much

SO in a nutshell, the more mature the fund, the higher yield it has, hence ASW -> ASM -> AS1M.

Am I right?

[/quote]

not necessary. Its depend on the market and the dividend date.

If so ngam that Q1 Q2 perform well, ASW will slight up abit.

If Q3 Q4 Q1 bad, ASM baseline 6% only.

[/quote]


[quote=nexona88,Nov 18 2017, 08:07 AM]
Not really...
The dividend difference between the funds is actually not wide.. Its almost same...

Only difference is mature funds have stronger financial & demand from unit holders / people.. Thus u see ASW is the hardest to get units 😀😀

[/quote]
thank you so much.. i still have a lot to learn from you all

Not I failed. I think got some problem with the LYN.
I have been trolling in /k since 2008, I won't failed multi quote.

yaya .. yesterday I went to Maybank at my hometown, they refused to help me open ASM account. They said now ASM already closed and cannot open an account. However, if i got an account already then they can help me check got unit available or not. Pure BS !

Then kept on pushing me to buy ASG. The so called 'Financial Advisor' told me that the interest rate has been very stable 6% all the times.. and it is expected to rise till 7% because crude oil price are expected to increase continually.

So I was rather skeptical and told him i will go back and read about it. They don't even wanna tell me the fixed and non-fixed fund thingy.

But why they wanna sell ASG and ASN? They will get commission if we opt for that? or? Because i thought they are just an agent, that's why they gain nothing when we open account and so on at their branch. Or this only applies to the fixed fund?

I am sorry, VP stand for what?

So is it safe to say all the non-fixed are unit trust from PNB?

Seem like a bad investment. Although I did check the price per unit is around MYR 1.00+ to 0.99. Just that the interest rate drop to 4%+ this year


Wow sweat! I didn't know bank got charges on this.

I see. I call I it non fixed fund usually haha.

But then all these VP normally the price per unit ver close to rm 1 or above rm 1. So I am curious or perhaps I would like to hear some advice from Sifu-Sifu that all these VP fund ignored the interest rates also 6% + which is close to fixed fund, is it still a bad investment?

Thank you

Initially I was puzzled when I read about your reply just now. I thought the 5% upfront charges only applied once when we open an account.

So just reached home and I went to read about it only to realize that every single time, purchase will kena charge 5% walao wei..



I see. Thank you so much for telling me

I thought the PRS category, the government just provide RM 1k?

I seriously still got much to learn and research. Still, thank you all for the inputs and willingness to share

I see. Thank you so much sifu!
Well, Maybank branches have myasbn thingy instruction and information printed on the brochures. But their staffs don’t bother to inform and explain. Then, a lot of Malaysian don’t bother to read or some can’t read.

So there you go.

I think not all the branches, just a simple brochure with instruction and explanation haha

This post has been edited by MasBoleh!: Dec 3 2017, 06:25 PM

redeemed in this context means?

Thank you again sifu

I am 25 this year. Only got ASW now and is less than MYR 1k in the account So far, I have not YOLO well.. got
YOLO a bit lah but not excessive haha.

Maybe due to my puny salary, I am having hard time trying to get extra to throw in to ASNB. I am surprised to see many people here able to throw in until 6 figures. Like the post above, 29 years old only but got 6 figures in ASBN yet he was YOLO-ing when he was 23-25 (my current age) .

Sometime I wonder how can I increase my income to achieve such extraordinary figure. For me 6 figures of saving is extraordinary.. hopefully sifu-sifu can provide some insight for me.

Where you managed to open the other 2 acc?

This 1 is the one government announced in budget 20178 for indians only?

Well, I see. For now I think i can save MYR 1k per month to throw into ASBN. However, I plan to buy house, that's why my saving sort of split into 2

By the way, i currently got 10k stuck in FD also
I truly understand about this. I just curious and wanted to know how they managed to do it. Or what sort of advice will all the sifu-sifu give

I see. No wonder. Thank you

This is what I am doing. Living frugally, no starbuck, no cinema etc. But I can achive this because I am currently single. If I have a gf, all these thing may be very hard to achieve. You also know lah.. all the girls around my age which is gen-y.. the temptation is too damn high. Especially travelling...

You only 29 right? Few years ahead of me only... said until so old

You got keep track of your money or not? Every single cents I spent, i manually key-in into an app to keep track. Then every month I will throw the figures into my excel. So I know how much earn, how much I spent.. where I spent.

You need to start do this 1st

I think it's more towards to your question style. The number of stars doesn't matter.

Well, at least you planned for your children.. which is a good thing.

I am trying to achieve a balance, means I don't live too frugally, able to go to cinema, travelling.. etc yet able to have a portion going to ASBN.

I remember I read about an advice somewhere, pretty popular one.. having not enough money is not to save, because everyone can save money but to increase the income. Because increasing the income is the hard part

I see. Noted. Thank you so much for the advice again

I must say, it's hard to save > 50%. Perhaps because now my salary quite low, first job.. that's why. I actually haven't been drinking starbucks or going to cinema for a while.

Will see how when my salary increase later.

Really appreciate that a lot.
I concur with you on the travelling part. My 1st travel to oversea really open out my mind. But been some time since i last travel.. cannot afford to, then with saving+ investment, it's gonna be very tough. Seem like need a 2nd job to reach this goal of mine.

Yea, sorry Ramjade, can't really totally forego the travelling part.

Sorry to TS and the rest as well. Now back to the ASBN topic.

This post has been edited by MasBoleh!: Dec 18 2017, 02:17 AM

I helped you searched back the advice from some sifu regarding to your question. Like they said, just don't opt for it.





Later I PM you haha.

Just wanna ask, do we have a whatsapp group or something for this?

by the way, I just realize ASBN office got opened every Saturday of the 3rd week, and last saturday was the day

there are very few ASBN branches haha.. KL alone only 1 HQ and Selangor got 2 only. Really good in keeping the cost minimum haha.

I see. Thought of wanna form a whatsapp group or something. But you got a point

By the way, where can I park my car at the Menara PNB?