I agree it takes longer than other FI usually do, such as EPF and banks.

I believe time is required for finalizing the entitled subscriptions, and the comprehensive verification after added the dividend.

Yah - likely, bought in sens was a bug!

Because, it has not been released officially to all members. We all now is "curi pakai".

This post has been edited by kpfun: Mar 29 2017, 09:29 AM

If you are interested to see the real world, dropping by at Aeon Big in Putrajaya during weekend, observing how those Malay ladies are doing their payment with cash for their mountain goods on trolley.

Instantly

Don't worry! Because, these folks have never missed stock trading as well, which also has no physical books.

Absolutely, saving for next generation is a most stupid human behaviour. Whereas, saving for living later is a wise thing to do.

Saving is a very big and complicated subject. Those who understand well the saving, definitely, taking advantage of it in their life. Otherwise, the life could be very miserable.

I'm early 50 and enjoying a good life now from my past saving. Money are like dropping from the sky consistently everyday, and yet, I don't have to work.

Saving at the age of 25+ is VERY DIFFERENT than 45+. The power of saving is coming from there.

I never own a car more than RM100K whereas most of my peers drive BMW/Audi/Merz.

I live in a linked house despite affordable for semi-D or bungalow, rather bought few properties as an investment.

I bought bulk goods during promotion.

and .....many other ways

The concept is living below your entitled class. If you are earning RM8K now, live under self illusion that you are earning 5K only. So, adjust your living standard according to RM5K.

In the real world, most people who earn RM8K, actually, live under illusion of earning > RM10K. So, they spend what they should not. They are not qualified for those living materials or entertainment.

That explains so many junior executives drives new Japanese or European cars. Should them use their future money so much?

Have you calculated how much they can save in their whole life if they delay owning these cars, or buying a cheap "domestic" car.

This post has been edited by kpfun: Jul 14 2017, 10:12 AM

Buying a property for investment or self occupying is a very different approach.

Let say, a semi-D is RM1.6M and a linked house is RM800K.

If you occupy the RM1.6M property, basically, you are spending equivalent to RM8,000 rental every month (ROI 6% X 1.6M div 12months).

If you occupy the RM800K property, basically, you are spending equivalent to RM4,000 rental every month (ROI 6% X 800 div 12months).

If the semi-D is the only house you have, would you sell it for capital gain? If so, after selling, would you down grade to a cheaper house, or buying another semi-D. If you are buying another semi-D or upgrade for a better one, your capital gain is no more as a gain. Your semi-D price goes up, so do others.

If you think, paying RM8K rental every month, is slightly below your living class. Then, go for it.

This post has been edited by kpfun: Jul 14 2017, 12:08 PM

Full internet banking is unavoidable. Your concern can be resolved by offering option to those who want to remain physical withdraw facility.

Yes. They will be questioned one day, even, confiscating the money. If your money is so dirty.

Otherwise, keep all the money transaction records from your account to their accounts, as an evidence.

Maybe, they have forgotten.

Make a call to remind them.

After my reminding phone call.

Not a good dividend.

GE is coming. Someone is looking for donors. Sorry, not looking, forcing donors to donate to the party.

Obviously, those companies have to squeeze out a BIG fund to the party.

So, we all know, what are these companies.

That explains, petrol up again this week, which moving against oil market trend.

So, don't expect too much on ASNB.

I guess so. The decision will be made based on the political justification which allowing 60% Bumi, 30% Chinese and 10% Indian happy is a "right" thing to invest or not, in their perspective.

I have confirmed my AS1M just now, the release of my dividend is 6%.

It is not unlimited. For banks, max withdraw is RM100k per day.

The source is from Maybank. You may check it out.

Please also do verification from ASNB that the Maybank staff said the withdrawal daily limit is even lower in ASNB office.

PIDM is a setup of MOF under Parliament supervision. It is for protecting small investors from losing all their saving.

I think, all the fixed price ASNx fit the profile. Being one of ASNx holders, I'm totally ok for ASNB to spare partly investing return for PIDM premium.

Alternatively, why not allow us to buy the PIDM premium as an option, such as 0.1% of the insured sum.

This post has been edited by kpfun: Nov 15 2017, 09:39 AM