hi yvonne, the ASG only applicable to bumi? whats the requirement to buy? as i know it is a variable price. what price now? paiseh, i try find cannot find just now. i try find now.
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sales charge 5%? http://www.asnb.com.my/english/price.aspx

This post has been edited by demetry: Nov 2 2017, 05:46 PM

pointless to think like this, haha. if you are destined to buy you will buy it. if not, god also cannot help.

Lol

There is never a good time to buy...trust me, I know

It’s all luck, luck, luck

"Practice makes perfect"...LOL

agree most of time, its purely luck....when patiently trying 1k, won't get...but when u try 10k in hurry bury since u need to go somewhere, u will get in few click

Hey friend, not recommended to buy ASG , with SC , unless you are going for long long long time like me.
Yes, ASG is open to all.

14 years ago, no charges.

Better buy ASM, ASW, AS1M

understood.

anyone have done re-mortgage/re-finance to invest in Amanah Saham?

since there is spread of 2% between mortgage interest and amanah saham dividend...

furthermore mortage is reducing balance interest, while amanah saham is compounding interest..so the spread will increase over the year..

just came to mind this idea..please share your experience if anyone have done this..tq

Hmm...
What I know during promo time (launched time) 0% SC
After that have SC

Then there's some period of discounted SC (I think 2.5% SC)..

This post has been edited by nexona88: Nov 2 2017, 08:03 PM

Think so.
Can't remember .. Long time ago

Don't care as long fat profit
It's all about the $$$

But long how the loan?

Seems more like a hassle for that 2%. don't forget about all those paperwork and fees involved. Unless you are talking about millions of refinancing...

How much would it cost? Hassle is only 1 time. For 500k, 2% is rm10k a year.

I wonder how long will it take to finish clicking for 500K

Betul juga.

All the legal fees and stamp duty can amount to be about RM15k? Plus you still need to service the repayment every month thus cut down on your monthly cash flow. In addition, you need to worry about movement in BLR, and then yield in ASNB is not guarantee. I'm not an advocate of taking such a loan for investment if I have to worry about so many things...

Imagine you have 100K inside Amanah saham and let it grow with yearly dividend compare to the same 100K inside mortgage loan with daily interest reducing. Amanah saham will earn you much more $$. Unless your mortgage load interest is close Amanah saham devidend then better keep inside mortgage loan.

If just focus on 1 funds.. Then got problems..

If 2 @ ASW & AS1M

Then I think around 2 week... Both OTC & online...

After dividend...

This post has been edited by nexona88: Nov 3 2017, 12:30 AM

TQ for d answer. It is easier for d ASB loan method.

Why i came out with this idea? Rental return in this house is only RM18,000 per annum, while the property value is 600k. Thought of selling and dump money in Amanah Saham, where i could earn RM36k per annum. No hassle of finding tenant, getting rental every month, paying cukai2, guard fee..etc.

Then as an alternative, thought refinance, and pay part the installment using rental return (to minimize cash flow issue), and at same time earn from differential between mortgage loan interest and Amanah Saham dividend. And the same time, could enjoy possible property value appreciation gain over the year.

Thats all story about..ha ha

Now back to our discussion. After reading comment from all respected Sifus above, this is my personal opinion.

The risk here is BLR movement and Amanah Saham dividend.
Loan Legal, loan stamp duty, valuation report is one time cost (abt 2%). Can consider MRTA, if its deemed necessary. Total initial cost would be about 3%.

Possible scenario if we refinance and invest in Amanah Saham.
1. Bigger the differences, more earning $$$
2. Narrower the diffrences, less earning $
3. Negative differences, loss making

In scenario #3, then should withdraw money from Amanah Saham and close the loan account..but another risk here, if Scenarion #3 happen within lock-in period..bank will impose 5% penalty. Plus lawyer cost for Document Discharge abt 1k.

I already asked mortgage specialist to study this proposal. Will update once i get the details.

This post has been edited by veera77: Nov 3 2017, 10:16 AM