Now repeat the process for ASW and AS1M

What I meant is go open ASW and AS1M

That's right. That's why ask you to go open ASW and AS1M.

Normal. Drop ASNB an email. Saying you cannot "hantar". Give them your email, phone no which you register for TAC, ASNB account no.

I think he/she means when registering online. You need to click hantar.

This post has been edited by Ramjade: Jul 27 2017, 05:17 PM

Maximising dividend - every end of the month
Availability of units
- after dividend guaranteed got
- near holiday/school reopen maybe got

Min amount to topup = RM1 (for counter), RM100 (for online).
It depends. Everyone's lifestyle is different. If you need RM1000/month to survive, then you need only RM200k (RM12k/0.06 = RM200k)

RM5000 means RM1M.

Let's not forget that your RM5000 may be worthless down 20 years down the road (increase in cost of living > amanah saham's return). Is it possible? Yes as we are speaking cost of living is increasing faster than amanah saham. Last time, no.

Also, money put into amanah saham can be counted as opportunity loss. Eg. KGF give you 10%p.a but putting in amanah saham give you only 6%p.a That's 4%p.a opportunity loss.

This post has been edited by Ramjade: Jul 28 2017, 08:06 PM

Kenanga Growth fund. Is an example of unit trust which beats amanah saham hands down annually (over 3-10 years average).

Both Kenanga Growth fund and amanah saham invest in bursa saham. The only difference is the fixed price funds offer you a false sense of security where one cannot lose money at the cost of returns

Come. I give you example.
Eg. You put into fixed price fund for 3 years. You get about 18% return (let's make it simple at 6%)
Consider the same money you put into KGF which give you average 10%p.a, after 3 years, you will get 30%.

That's 12% money loss. That's how investing in amanah saham fixed price fund make one "lose money". That's opportunity cost.

So a RM10k will incur a "RM1200 loss" with amanah saham when in actual fact, you could have get RM3000.

You're welcome to expand/deepen it.

This post has been edited by Ramjade: Jul 28 2017, 11:53 PM

If ASB is very easy. Just walk into any of the banks (Cimb, Maybank, RHB, affin, ambank), post office, ASNB branch and you are good to go.
If other thing than ASB and ASB2 well good luck. Need to be really patient.

People nowadays are getting younger and younger...

Actually it's one of it's kind. Only available in malaysia. No other country have this kind of scheme.

If govt give you something, use it. I agree. It's a good safety net. For me now, it's a parking place while waiting for 20-30% discount

Is not even 1 year yet. So chill. Results are within expectations.

Ancient is talking that affin hwnag select bond fund is not performing as good as amanah saham. But it's only about half a year. So 4%+ within half a year is more or less on tract to 6%+ a year

Can. But if malaysia bursa drop and economy no good. KGF also drop and performance wise not.so good.

You can buy using FSM MY

Up to individual. SOme have only RM100 (the min amount inside), some have few million sitting inside

Waiting for min 10% p.a discount from my stocks + getting best bank for buck for my unit trust.

There's no dead line. So what's the rush? After all, once I get my min 10% dividend, I will continue to receive my 10% dividend continously until I decide to sell it off.

Same wirh unit trust.

This post has been edited by Ramjade: Jul 30 2017, 01:08 PM

With no more TAC, cannot spam TAC

Actually better funds exist than ASNB products. (Kenanga Growth Fund proven to beat ASNB over 10 years plus at average returns of >10%p.a)