Surprising yes. FSM SG is only SG broker which allow people to open online and does not require SG bank account.

Keep in mind, somewhere down the road, they may introduce platform fees for their brokerage account (maybe 5 years later)


If you want to by UT, avoid them at all cost.

This post has been edited by Ramjade: Sep 23 2017, 10:59 PM

See my signature Not I say one. Big taikor said one


Source?

This post has been edited by Ramjade: Sep 24 2017, 04:16 PM

Won't one. All amanah saham track each other closely. Add in stingy wahid, don't hope more than 6%

Actually your post(s) seems to indicate everyone must invest overseas even if they have no money (from the tone of writing). I am telling you what common malaysians face. That RM10m was just a figure which I pluck from the sky which one can take it seriously or just ignore it. I can put figure at RM100m or RM2.6b too. Your post never mentioned anything about starting small (I have never read any of your post saying to start small. All your post are we should invest our money overseas)...

When people have no money to even invest overseas, how to invest? That's the first problem most malaysians face. I don't think you gave this a thought (again from your post tone) I give example that investing overseas in US at say min USD500 is it worth it? TT + bank fees+ brokerage already kill the person profit. And as I said USD10k to start, now again how many normal hardworking malaysians can cough out USD10k just like that. What if they lose that USD10k? How long will they need to work to get back that USD10k? USD10k is hell lot of money. No need to mention US.
That's why I come to the next statement. Save up a bit first (takes few years). That time, when you have choice to dump say RM12k into amanah saham/USD3k/SGD4k, that is when you make the choice.

The second problem malaysian face: Mentality. How many people want to learn new things? Why should I bother about overseas investment when I can seat back and be safe in Malaysia? That's typical mentality.

The third problem: How many Malaysians got time to moniter portfolio all over the world? Not everyone got the luxury to do it.

Up to you to interpret what I said. But I am stating facts (from common people point of view) as I am a common people.

This post has been edited by Ramjade: Sep 25 2017, 12:22 AM

You don't need to debate because I believe what I state are facts. First problem Malaysians face: No money. And if they start having the money, they need to make sure they are able to protect it.

It's not about being big mouth. It's about how do average Malaysians feel if one keeps asking them to invest overseas if they have no money. Normal grads are only earning say RM3k+. Minus kids (if they have one) + car loan + house loan + student loan (if they have one). Not much is left. They need to wait at least few years before they can venture out.

I know many people who earn RM3k and basically trying to stay alive and last thing on their mind is about investing overseas. Their main priorities are:
1) get though the month
2) put food on the table
3) save whatever they have for emergency fund even if is just RM50

So if RM50/month savings, how on earth are they going to invest overseas?

These are real people working/staying in JB/KL.

They are more or less the same. Of course can, Popularity of Amanah saham is in this rannking ASW > ASM > AS1M

Topup using MyASNB. Topup can only be done if units are available (got people sell). Depends on how you look at it. If you want 3x/year payout, put money into all 3. If you don't mind once a year, then pick what you like.

Well savvyaunty did a calculation that buying ASM will give higher return if all return the same amount (something about being paid first). Not so sure about this.

Like I said, you can be paid RM60 x 3x/year or you can take RM180/year (one time)

Don't have means have to open loh. If you keras want to open only ASW, you might not be able to topup as that's among the hardest thing to open/topup. Cimb is just an agent where you can go to open. However, Cimb are known to be acing hence you basically cannot open anything if you go to them.

Go to affin bank/asnb office for best chance. On 2/10, AS1M will resume for transaction. You definitely can open AS1M and topup on that day.

This is not share. This is fixed price unit trust

Can but hard. See my reply above.

RM100 is one time but there will be yearly charges + when you die, ASNB will take a bite out from the amount (forget the %). The more you have inside, the less chunk they take out,

Cannot.

Depends. This amanah saham one let the people receive it in units rather than cash. Is faster than will. Will, the person receives in cash and is slower.

Is inside the form or you can ask them (go to ASNB office and enquire)

Actually since last time memang can open with zero units but last time when got book, if got no unit, they will cut the book and close account

Actually since last time memang can open with zero units but last time when got book, if got no unit, they will cut the book and close account

See first page. You should be more worried what's the dividend for upcoming years instead of when is the dividend as dividend have been dropping year after year.

This post has been edited by Ramjade: Sep 26 2017, 09:37 PM

MyASNB is online account which you can open yourself online only after getting ASW2020/ASM/AS1M.

Weekend hardly have transaction. Lower chance to get.

If you don't want to go down SG and not a priority customer, there's only one way. Maybank isavvy.


2) each account is different. Some require SGD3000 or else you will be charged. For the account above, you need to keep SGD500.

If you want to go down, then more options are available on this thread.
https://forum.lowyat.net/topic/1440794

Any of those agents if they choose to entertain you. If not, well too bad. That's why people say go for Affin/ASNB banches as they will really try for you multiple times to open.

Application cannot be done via Maybank SG website. It must be done by post from malaysia site.

Feesof SGD2/month only if your balance fall below SGD500/day. If your account maintain with SGD500, no fees.

Shit la.

Up to you. They are all the same (returns) with ASW2020 being the hardest to get. If you want one lump sum payment, then invest in 1 fund lo. If you want to be paid 3x/year, then open all 3.

Open 3 funds means you got chance to topup 3 funds instead of just one. If one only, if you cannot topup that, means need to wait for another time. You can't spam the account the whole day right? With 2 other account, you can try luck with the other 2 if ASW2020 don't have.

This post has been edited by Ramjade: Sep 28 2017, 10:02 PM