looks there's huge demand on asnb funds..

staff told me to try in April

unker lim "some" is 3,4,5 digits?

For any FD above 5%, there will be limitations, eg minimum period, age limits, for a certain period only, etc, etc,... but for PNB funds no rules, no limitations, nothing,... just put and enjoy the yearly 'interests'. Can take out whenever one wishes to, and still get to enjoy the prorated dividend to be earned at the end of the financial year. Where can get such benefits ?

I think many know this,... so,... I still rest my confidence on PNB Fixed Priced Funds if an investor wanted an easy life and does not mind currency value depreciation.

Edited by adding further good qualities of the PNB FP Funds.

This post has been edited by Hansel: Feb 15 2017, 08:32 PM

Sure its 5 digits
Unker where got play with 3 digits wan.. So ikan bilis amount...

But as i know if many people borrow money to invest into PNB fixed fund. Last time I heard the cost around 5.25% (if not mistaken, I dont borrow any so I dont know ). Dropping below than that will trigger panic withdrawal I assume .

ASB won't drop to that low leh
Current regime will die if really happen...
Last year rate also some feels low.. Even lower rate mean good luck on winning the GE

5.5-6% = not savvy, cant beat MYR deprecation, can't beat inflation etc etc

>10% only consider savvy is it?

LOL

even with 5%+ rate. sure there's still confidence for PNB funds

LOL, the streets are not safe to carry 5 digits cash nowadays

really depends on luck. some days can't get. some days can get

well... nothing is certain in future

5% I think still have some form of wealth preservation.

At least we know what RM500,000 (for example) can buy today, is what RM895,000 can buy 10 years from now. (6% profit rate annually for next 10 years)

This post has been edited by Chrono-Trigger: Feb 16 2017, 09:04 AM

Your statement really made people feel like need to pump in more into ASX FP. I have put in some allocation late last year. Now did consider to increase the % in there.

True.
That's why always do transactions at agents bank..
So can contra from CASA

If you're a very passive investors, ie no time to learn and research, then yes - ASX is the way to go than leaving yr Ringgit lying ard and earning nothing or very low returns ! But,... you will pay the price for a weakening currency and loss of purchasing strength,...

I park my Ringgit in PNB FP funds, while awaiting opportunities to convert out !

Having time to learn and research does not mean u can come out with the right investment decision. Must have the right investment savviness. If not, instead of high return, will be low or negative returns !

But u must be a savvy investor based on your returns and happily investing in the various investment vehicles !

This post has been edited by bbgoat: Feb 16 2017, 11:29 AM

I have resigned to stop the hunting game for now. Moved my dough from MBB GIA i to FD for the mean time. Hibernate until early April.

This post has been edited by bbgoat: Feb 16 2017, 11:33 AM

guys, is there such plan where u borrow 50k for asb (small amount only permitted)

then u dont need to pay anything back to bank. just borrow, and enjoy.

any new package? someone claimed got, but i havent ask further.

Yes. But all loans need to pay back. Find RHB/Maybank/cimb for more info.

If you are with a strong political party,... I think it's possible,... and this is also if the news is not leaked out to the public, and the loan officer will join hands with you ! I know of some national coalition party members managed to escape with some amounts.

But,... you better have the backing of the political party.