Fully agree with you @Ancient- XinG:) Taking loan for investment is big no no...especially for
someone who has high financial commitment..

Anyway, happy that my idea, open up a healthy discussion with facts and numbers from all Sifus...its help me a lot in calculating the risks involves in my idea..

Wow, such a large amount, how you guys masuk to ASW account and so on? Even use MyASBN will gonna take hell a lot of efforts to do it.
By the way, i thought MyASBN will show how much units available etc, mana tahu just go in and simply tembak some money hopefully the transaction will pass.

Or easy way, dump it into affin hwang select bond fund loh.

Fully agree with you @Ancient- XinG:) Taking loan for investment is big no no...especially for
someone who has high financial commitment..

Anyway, happy that my idea, open up a healthy discussion with facts and numbers from all Sifus...its help me a lot in calculating the risks involves in my idea..

Esther damn shaky ad lately. Finding alternative maybe EI GEM. 
This idea had been brought up few months back... Just that for average people, really too risky. Very very risky.

If all who goes to bank during lunch...withdraw money...its good for us

There are lot of uncles and aunties bringing 5 digit cash. Got 1 time the uncle in front me sapu 10k, no more unit for me

Before zaman MyASBN, ASN counter staff always advice me to come after 10am

Yes. personally saw those unker & aunties bring hard cash.. Really daring with current situation... Anyone go rob them sure happy one

Well cannot change their mind sets.. Don't believed in online thingy.. Everything deal in cash

This idea had been brought up few months back... Just that for average people, really too risky. Very very risky.

Oh really..sorry i was inactive in lowyat for many years after forgot the username and password..just  managed to recover few days ago.

Bringing hard cash to ASN to damn risky...but once a while i still go ASN some cash...to meet my ‘old friends’ who used to help me a lot to get unit with their extra effort before zaman MyASBN

In Maybank, also i used to have one girl...who help to keep book for sometimes..and keep trying in between serving other customers until get my units..

Sometimes its all about relationship...with My ASNB i’m missing my old friends..another example how technology bringing human far a part

Exactly. I had a hard time convincing my mother not to bring so much cash while i can do for her online in 2 minutes. At the end I still need to drive her to the bank for her banking needs.

So how do you reward your old friends for helping u so much?😂

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.

Available in MyASNB.

for future statement, update ur email ID in MyASBN or at counter, so they will email you every year.

I updated my info at one of the asn agent banks last week. They gave me a form to fill in the new details I wanted to updated but then told me the update will not be done in real time. They have to send the form back to asn and let them do the update and told me it would take a few days. But after 1 week I try to register myself at the myasnb website still can't get thru.

How long does it take for your info to be updated?

I updated my info at one of the asn agent banks last week. They gave me a form to fill in the new details I wanted to updated but then told me the update will not be done in real time. They have to send the form back to asn and let them do the update and told me it would take a few days. But after 1 week I try to register myself at the myasnb website still can't get thru.

How long does it take for your info to be updated?

ASNB  branch : instant
Email: few hours
Bank/post office: don't know