QUOTE(jusTinMM @ Nov 6 2017, 01:59 PM)
Cause those people went overseas, gave up citizenship still can keep their asnb.Ultimate Discussion of ASNB (47457-V)发 8ight 发, Wholly owned subsidary of PNB (38218-X)
Ultimate Discussion of ASNB (47457-V)发 8ight 发, Wholly owned subsidary of PNB (38218-X)
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Nov 6 2017, 02:08 PM
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#541
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Nov 6 2017, 02:19 PM
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#542
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QUOTE(SilenTz_1993 @ Nov 6 2017, 02:12 PM) Hmm, so what will happen to those people now? They got no IC so technically they can't withdraw their funds already. If got online withdrawal, they can withdraw to their bank account. From bank account can do online TT.or can they transfer their account to someone else who has it? |
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Nov 6 2017, 03:09 PM
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#543
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QUOTE(SilenTz_1993 @ Nov 6 2017, 02:35 PM) Sorry I think I didn't sentence my question correctly earlier. They can always take other citizenship, don't give up IC, and do withdrawal. You can transfer but you can do as above mentionedI understand that right now they can't withdraw their money without IC, and there is no online withdrawal yet as of today. Despite the lack of an online withdrawal system, can they actually transfer their funds to someone else through other methods? (via some asset transfer things/will etc.?) |
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Nov 7 2017, 02:48 PM
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#544
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QUOTE(annoymous1234 @ Nov 7 2017, 01:25 PM) Guys. I finally manage to open account for 1Malaysia. Unfortunately I'm only able to put rm100 as I'm told it is full. They told me I need to check everyday to see got quota or not. My questions is where can I do this? From myasnb website can? QUOTE(veera77 @ Nov 7 2017, 02:27 PM) Yes MyASBN...make sure have registered ur phone number with MyASBN and u have active online banking with TAC/OTP number registered. MyASNB cannot check for availability units in real time. Only ASNB branches.good luck! You can only buy online real time by simply keying any digit you want. You cannot check availability. |
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Nov 8 2017, 12:33 PM
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#545
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Nov 9 2017, 06:31 AM
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#546
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Nov 30 2017, 10:57 PM
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#547
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QUOTE(JustcallmeLarry @ Nov 30 2017, 08:22 PM) Guys need to ask a few things: 1. Based on the lowest amount of the month. Best time to sell/buy = 1st of every month. Best time to buy 29-1st of the month. You sell at the end of the month, you lose out the earlier amount. Eg you have RM2k, as of 1/11. You sold RM1k on 30/11, for the month of Nov, only RM1k will be counted. Now, if you were to sell on 1/12, only RM1k will be counted.1. What date of the month does ASNB does their calculation? Like after what date of the month it is ok to draw money without losing the interest for that month? 2. What date will ASNB be closed from this month to do their year end calculation? 3. Anyone know how much interest they give us in 2018? 2. Every fund got different date. Rfer to first page for closing account date 3. Most likely less than 6%. Best bet is 6%. |
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Dec 1 2017, 12:06 PM
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#548
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QUOTE(JustcallmeLarry @ Dec 1 2017, 12:00 PM) Bro so i should sell at the start of the month??? Bcs your example shows both ways only RM1k will be counted, typo?lol Yes. Selling should be done on the 1st of every month. This is because if you sell during the later time of the month, the new amount calculated will be based on the new lowest amount. Not the old lowest amount of the month.2. Is it really possible for ASB to really drop below 6%?? That would be bad. 2. Yes is possible. ASX returns have been dropping over the years. |
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Dec 1 2017, 04:48 PM
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#549
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Dec 1 2017, 04:58 PM
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#550
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Dec 1 2017, 06:50 PM
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#551
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QUOTE(MasBoleh! @ Dec 1 2017, 06:18 PM) I am sorry, VP stand for what? VP means variable price fund. Which means the price is not fixed to rm1/unit. It can fluctuates. All funds from asnb are unit trust some which some are fixed to rm1/unit and some are not. 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. Haha... That's why never use banks to buy. They are blood suckers. |
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Dec 1 2017, 07:27 PM
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#552
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QUOTE(MasBoleh! @ Dec 1 2017, 07:07 PM) I see. I call I it non fixed fund usually haha. Ignore those 6-7% as dividends/distributions in variable price funds means nothing. It's basically left pocket enter right pocket. However to the uninitiated, these 6-7% are like gold which all agents will market to you (regardless of fund house). 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 Variable price fund from asnb is useless 1) you will be charge >5% upfront when you buy (due to GST, before this 5%). The fund needs to make >5%+ in one year just to break even. That's why we buy our UT from FSM, bypassing the 5%+ service charge. 2) better funds exist when you compare same region (asnb vp fund invest fully in bursa). Compare it to Kenanga Growth Fund (which invest in bursa also) This post has been edited by Ramjade: Dec 1 2017, 07:28 PM |
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Dec 2 2017, 07:24 AM
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#553
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QUOTE(MasBoleh! @ Dec 2 2017, 02:50 AM) I thought the PRS category, the government just provide RM 1k? That's true. Only if you are below 30 years old. If you are above 30 years old, no free RM1k for you. Also it's a one time Payout. I seriously still got much to learn and research. Still, thank you all for the inputs and willingness to share You put PRS so that you pay less tax. Which means max is rm3k/year. Once the tax incentive is not there (after 2021), no need to contribute. |
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Dec 2 2017, 12:58 PM
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#554
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QUOTE(saitong09 @ Dec 2 2017, 10:54 AM) If not forgotten when started was free 500 for below 30, now 1k d? For me, I look at this way. As long as I don't need to pay tax, and can get back my money, I am more than happy to put money into PRS. After all, in the long term, my PRS will beat amanah saham fixed price fund.For me, if income is not reaching the 19% tax category, I'd prefer Asx instead of PRS |
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Dec 3 2017, 09:28 AM
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#555
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Dec 3 2017, 04:22 PM
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#556
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QUOTE(kennedykcs @ Dec 3 2017, 03:39 PM) All Sifus Whatever you do stay far away from ASG or ASN3. Do not open account. Do not buy. Do not entertain what the bank person tell you.I new here wish to open a account on Asnb( non bumi) I’m been try to ask the branch (Maybank branch) at but they branch manager or staff said no more quota and ask me buy ASG . Please what can I do ? |
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Dec 4 2017, 01:32 AM
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#557
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QUOTE(ch_leong @ Dec 3 2017, 11:56 PM) You need to keep operating cost as low as possible. The more branches you opened, the more overhead incurred. Who pay branches rental, computer, electricity and manpower? I don't mind cost cutting if my return is >6.3%. Instead, all the fund drop and gave only 6%. So mana semua savings pergi?This overhead is taken from your pocket. When you use agent, you have less overhead. Agent charges based-on number of transaction basis. You made a point, when they open branches, they take cash and give cash. Where is this cash from? Handling cash is very risky and involved a lot of cost. You need security, then need security van to deliver cash and send cash. So, i think the best is close all the branches. Let online platform, post office and bank run for them. Better still if they can leverage fundsupermart to help them on the VP fund. If you run carnival in pavillion and mid valley, who pay the rental? If you do at padang, it is very low cost. In fact, the new PNB boss is very pandai in cost cutting. They no longer need send paper statement, update passbook. imagine the cost of sending annual report. Assuming each cost RM10 to print, pack, send. 1million subscribers incurred RM10million. How good if this 10million is giving back to you? Look it at this way, a little bit of inconvenience which gives you a better return. |
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Dec 4 2017, 08:21 PM
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#558
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Dec 5 2017, 05:17 PM
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#559
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Dec 5 2017, 07:52 PM
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#560
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QUOTE(Trulyasia@ @ Dec 5 2017, 06:20 PM) Why? I don't know much about investing. ReasonsI know many recommend fsm and etc. But I think I will lose out . What should I do 1) Returns are dropping every year 2) RM is strong now until god knows when.Take this opportunity to change RM. Can convert to SGD for long term plan. Do what you are comfortable. No need to follow people. Is better to sleep well at night than worry that you are losing money. If you can stomach losses, then good time to move into FSM as all market is in red. QUOTE(savvyaunty @ Dec 5 2017, 07:20 PM) yeah PIDM has maximum limit but I won't hit the limit anyway. my consideration is more on the interest rate. ikan bilis here so don't qualify for all those FD promo. been getting the standard 3% FD rates so seriously considering moving whatever FD i have to ASx Good choice. I moved from Promo FDs and never look back.not a believer in bitcoin despite its meteoric rise. starting to study stocks and hoping to make correct choices This post has been edited by Ramjade: Dec 5 2017, 07:53 PM |
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