manage to top up a bit for all 3 funds

manage to park some savings inside after getting salary

forced savings even if just a little. trying to build warchest for investment

not bumi so have to manually try at the end of the month after getting salary

ASW2020, ASM and AS1M

yes but that's the best part for ASx. even if i withdraw my savings from last month (after 1 complete month of savings) still earn 1 month dividend

that was on monday. now website down

website was down just now when i wanted to try top up for my mother. no idea if got any units

website back online. manage to get xxx for AS1M and xxxx for ASM

maybank & cimb. which bank are u using?

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

loans from bank only for ASB. no loans for non-bumi unfortunately

Very very normal unless its the day after dividend is paid. just keep trying.

One IC one account

There's no limit the number of units on ASW2020, ASM and AS1M. Don't see the problem of limiting one person to one ASNB account.

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

for 2017, all 3 funds paid 6% dividend so the yield is basically the same for 2017. I personally split my money equally into 2 portion based on their dividend payout. 50% in ASM and 50% in ASW+AS1M. That way I get roughly same amount of dividend in March and Sept/Oct

This post has been edited by savvyaunty: Nov 17 2017, 04:00 PM

1) most ppl prefer ASM>ASM>AS1M due to the historical dividend rates but for 2017, they all pay the same dividend 6%

2) you get dividend for your lowest monthly balance. so if u deposit 1k today and withdraw after 30 April, you will get the dividend for Dec-April

3) no more passbook now. you can check your balance on MyASNB or using IC in ASNB office or its agents (bank and post office)

4) only if you consider wasting time sitting in the bank a disadvantage

5) you can never time this. it's a live system. the moment your 100 unit is sold, anyone can buy it and its unlikely that your parents will get to buy your units. just try to open the account like everyone else. from time to time, people sell their units, so if you are lucky, can easily get 100 units

Don't fall for their trap. Just go to other ASNB agents like Affin who is much more helpful when opening new account. It's not true that there's no unit. Just gotta keep trying.

Personally I placed a majority of my savings in ASx due to the higher dividend compared to FD rates and the flexibility of withdrawing the money anytime (plus getting paid dividend for the full month my money is invested in ASx). I top up according to my target monthly savings and do it by 1st of each month to make sure i get dividend in that month for the amount I topped up.

Assuming 6% dividend and with compounding, if you place 5K in the first month of the fund's cycle (i.e April for ASM, Sept for ASW and Oct for AS1M), a complete 20 years later will give you interest of RM11,035.68

This post has been edited by savvyaunty: Dec 5 2017, 09:59 AM