My 2 cents ....

Depends on your FSM funds performance. If returning at:

AA
0-5%, definitely get out

BB
5-12%, analyse and decide (consistency, industry sector, sale/revenue historical and projected, etc etc ).

CC
above 12%, stay put (even in bad times, some can still do well though not as high as during good time).

Cheerio.

Check ASNB web site on ASNB apps scam available in Google Store.

My PC has a much better security in place than my mobile and thus I don't use my mobile for financial transactions.

First, me no master. Only primary student.

2 cents from this student .....

Compare the past 5 yrs average returns of your fund and the new one you plan to get into.

If the difference is

** 0-2%, consider staying put with your current fund
** 2-4%, analyse further and then decide whether to jump ship or stay put
** >4%, abandon ship and move to the new fund!

If your existing fund is the variable fund, when you calculate the return, bear in mind it is not the dividend you get that determines the return but the overall dividend + price gain/loss.

Sorry, school bell has rang, I have to go back to the class.

Good luck!

That is one reason why I have not signed up for this.

Instead of this service, I was told by the staff that my family can also get a letter of xx (forgot what it is called now) from the local council on my demise and the money will be transferred within 5 weeks (I think).

Don't like the high fee they charge.


Yes, automatic ASX ac creation for family members etc but that should not be the main driver for going for this service. Also with MyASNB, topping up now is a lot easier than before.

So ......

For my dad, we managed to settle it even without a will rather smoothly. Maybe it is easier in sarawak. Ha.

OK with me with the 1/3 split.

So ...

My bet is 7-7.1% for ASM.

If I kena, I will internet 12 cans of pick-your-choice to you. Ha.

ASM 6.25% only

Sifu,

Is it possible to change guardian from my wife to me in kid's ASX ac?

Why?

Then I can access their ac online.

Thanks.

Got some inside infor from a relative who will be withdrawing AS1M RMxxk tomorrow, most likely in the morning.

So some fishing trips tomorrow for some.

I am pretty sure I heard it is AS1M. So keep your fishing bait on for AS1M.

no one got any rmxxk as1m fish this morning?

a relative did

My 2 cents ...

OPTION 1

Imagine there are 2 of you, YouA and YouB.

YouA takes from AS for car downpayment.

YouB leaves AS as it is.

Calculate the interests and loan payments of your car loan for the 2 cases and compare statements of YouA and YouB at the end of the x years. Which one gives you a better deal?


OPTION 2

A quicker way to answer the question.

Why take out money from AS which is PAYING you 6% for something which is COSTING you 2.5%? Lugi mah.

P/S car loan at 2.5% only? That low now?

This post has been edited by plumberly: Jun 3 2018, 03:17 PM

Give me details for the car and personal loan

* flat rate
* reducing rate
* initial loan amounts
* no of yrs

Just realised that I should not compare flat rate with AS rate. My mistake.

AA
My mistake in overlooking the FLAT rate in my original reply. My apology.

BB
Now my answer is similar to Ramjade.

Based on the loan amount, yr and monthly repayment, your effective rate is 6.827% pa

With ASX returns (averages over the years)

AS1M ASM ASW2020
avg 6.4 6.7 7.2

(note the highest ASW return can be misleading as ASW did very well in the early years 7-10%. Using the same period as AS1M, ASW average is 6.4%. The 3 ASX are now very close brothers and sisters giving about the same %.)

So, should you use ASX money instead of getting the loan?

Same as, should you use ASX money to pay off the loan?

For me, answer is not clear cut due to the close 6.4 & 6.8 figures.

* will ASX do better later?
* will loan rate change later?
* ???

Lastly, ask around and see if you can get a lower % for the loan.

Sorry for my long answer.

Cheerio.

Thought we have 3 non bumi FP. Which FP have they stopped?

Thanks.

Mind sharing where did you get the news on NAV in 2020?

Thanks.

Many thanks.

Yes, saw that before and I forgot about it. Good reminder for me to keep an eye on this as I will be cutting the chains once that the switch to VP is confirmed.

Cheerio.

P/S From memory, last time found out that SC gave the extension and they updated the master prospectus before the year end. Will try to get the 2019 prospectus and check there.

This post has been edited by plumberly: Oct 21 2018, 07:42 PM

Tried to get 2019 prospectus. No luck so far.

Thought in the year when I was searching for clarification, noted that they had updated the SC's extension in the next year prospectus which was issued before the new year. Maybe now they don't do that anymore.

May call PNB to find out.

On EGM, I don't think they will decide based on shareholders' wish. They do that due to SC or big finger from PJaya. Ha.