There is no one to be blamed if such sheet happen, we can only blame ourselves for being borned here, and also for our gomen for all the political nonsense causing the economic downfall...

PNB, to me, is almost like a failsafe investment (to me lah). Good returns with flexibility for fixed price funds. Personally, i have asked before some of my bumi friends that are involved in politics and have some strings, whether where should i dump my funds, they told me amanah saham...

This is the only reason i switched all my funds from FD to ASx. There are more than meets the eye, its not just simple “UT” that most regular ppl take it as.

ASx is just a portion of PNB, and in the big picture, in order for PNB to be affected, at that point of time, most of us will be doomed, more things to worry bout than our funds in ASx.

Anyway just my humble 2 cents n opinion. I apologize in advanced if any of my thoughts offended anyone in any way.. just sharing what I have in mind and my understanding

This post has been edited by raptar_eric: Nov 15 2017, 02:39 PM

first try and manage to grab 10k.. hmm so much withdrawals happening?

If all banks in malaysia fail, then really mati lah. What i mean is if one bank like affin fail, pidm can come to rescue for all deposits up to 250k per account.

PIDM only protects bank deposits & insurance. All investments are not covered by PIDM. Even GIA & money market funds are not covered by PIDM.


Perhaps people who are afraid of PIDM not having enough money to cover all depositors' money in a bank should put their money in the smaller banks like Affin. If the bank is small, maybe PIDM can pay back all the depositors. If the bank is big like Maybank, then it would be hard for PIDM to pay back every depositor. It would be really interesting if people start to do that. Hahaha.

Hmm affin bank huh...
For one, if not mistaken.. Its have one of the highest rate for CASA.. But too bad not much branch & ATM.. Their online banking also feels like so so only p

Okay lor.. We end this right now..

PIDM or not.. Its one of the factors for people... For me its just shyok sendiri only.. No real impact... As long u feel okay. Just proceed as usual...

Exactly....this is the ASNB tered anyway. For those who seek pidm coverage for whatever asnb products including ASx, this is just wishful thinking. But if they want to win in debating, let them win lor. LOL

Hahahaha..
Spot on..

For now..
ASx IS NOT PIDM COVERED 😂😂
Including Fixed Price Funds..
End of story...

This post has been edited by nexona88: Nov 15 2017, 03:50 PM

there is certain level of risk in any type of investment..if not willing to face the risk...the best is keep the cash under the pillow..but make sure your house at higher elevation...as your cash may flows into flood water if your house at low level..again RISK!!!

life without risk is total boring

This post has been edited by veera77: Nov 15 2017, 05:11 PM

Below 5.5%.
Because epf is bleeding

EPF bleeding? U mean EPF losing money?

as long as epf dividend above FD...recommended to keep your epf...its your retirement money!...never under-estimate the importance of retirement fund...and to ensure our dependents have immediate cash availability if unforeseen situation happen to us...


This post has been edited by veera77: Nov 15 2017, 05:18 PM

Hmm EPF bleeding....

Forex losses? Wrong investment strategy?? Like FGV

Or someone "milking" the funds for personal advantage

Warren Buffet famous quote...put the eggs in few baskets...

EPF, ASBN, FD, Stock, UT , Forex, REIT etc...all are readily available baskets for u...choose the basket which best fit your investment and risk appetite...

This post has been edited by veera77: Nov 15 2017, 05:23 PM

FGV...bought RM5 sold RM2...who paid the lost...we all the lovable Malaysian...by reducing our last year dividend...

That & few others investment that we don't know about 😇

Okay sir. Understand . Retirement fund for dependent. I never thought of this.

That's why they say Pnb also a bit shaky. Even the management looks professional but actually is like a pm fund . Not public mutual fund. Hahaha

how do you know the availability of ASM units ? we must go counter to try? Or we need to waste the service charge to try on bank portal ?

try over counter or MyASNB. Can't exactly see the units available on MyASNB but can play tikam and keep trying with no service charge

Hehehehe...
PM funds.. That's new term I learned today

PNB accounting also not so clear.. Many have said it previously... So just hit & run only since even the real NAV is not known..