Thank you,...

I'm quite confident there will be no mass pulling out. Our Malaysian investing public is not so savvy,... at 5.8%,.. this is still good,... nothing to worry. Come to think of it, even at 5% also,.. there will be no mass withdrawals.

I'm serious, bro,... I believed if there is one thing we need not worry abt investing with PNB is the risk of mass withdrawals. Even if there are big withdrawals, PNB will 'eat' the units.

For any FD above 5%, there will be limitations, eg minimum period, age limits, for a certain period only, etc, etc,... but for PNB funds no rules, no limitations, nothing,... just put and enjoy the yearly 'interests'. Can take out whenever one wishes to, and still get to enjoy the prorated dividend to be earned at the end of the financial year. Where can get such benefits ?

I think many know this,... so,... I still rest my confidence on PNB Fixed Priced Funds if an investor wanted an easy life and does not mind currency value depreciation.

Edited by adding further good qualities of the PNB FP Funds.

This post has been edited by Hansel: Feb 15 2017, 08:32 PM

If you're a very passive investors, ie no time to learn and research, then yes - ASX is the way to go than leaving yr Ringgit lying ard and earning nothing or very low returns ! But,... you will pay the price for a weakening currency and loss of purchasing strength,...

I park my Ringgit in PNB FP funds, while awaiting opportunities to convert out !

If you are with a strong political party,... I think it's possible,... and this is also if the news is not leaked out to the public, and the loan officer will join hands with you ! I know of some national coalition party members managed to escape with some amounts.

But,... you better have the backing of the political party.

Not really,.. perhaps some who have participated in this thread, and in some other related threads may have done so,... but DEFINITELY not the majority of the PNB investor population. There are many investors out there who are still not aware...and hence, still fighting hard for units.

If ASM's payout is less than 6% next month, I'm wrong to stay put again,...hmm,....

One thing that PNB has which EPF does not have is the capability to perform profit-smoothing, ie can save-up profits during profitable years to be given out during non-profitable years. ..hence, let's see if we can get to enjoy this profit-smoothing advantage next month in the ASM payout.

I've not let go fully yet,.. I've let go quite a lot,...

Tks,... ,... I'm happy to know that there are ready buyers when I wish to let go,... Many a times, I need to go through some hassles when I needed to sell, and I seldom sell my investments,... I've always been a long term holder.

A recent example would be my disposal of a Singapore ctr : Singpost. Hard to decide on the selling price.

Glad that things are a lot easier with PNB Funds.

Will not go below 5.5% for ASM yield next mth. Quite sure of this.

Yep,... if Wahid does not like using the reserves, then what do we do with the reserves,... ? Give to someone ?

Well.... let it be 'rumours' then. If I am to say everything based on facts, then we would not be talking abt all these, the problems we are in today, and the prbs that this ctry is going through.

Sure, banks are governed by strict regulations, but funds are transferred out in big amts and the people who processed the transactions inside the banks are only fined. And the latest is billions of RM are lost back in the nineties, and the PM's Office is going to start a probe now. Sure, governed by strict regulations,...

If things failed too many times, then everybody starts thinking and talking abt 'rumours'.

Some rumours are facts that can't be proven, or that must not be proven, for justice brings more damage to the general public than no justice. Generally justice should bring more good to the general public, BUT NOT some 'rumours'.

I did not say BN, please do not imply when I said the national coalition, I meant BN. Be responsible in words that you choose to use.

And who accused BN ? You did. I did not. You said I said BN. I did not say BN.

And why did you touch on ASB ? I merely talked abt 'rumours' on loans. Nothing to do with ASB. It doesn't mean a thread on PNB funds needs to have all discussions inside here related to PNB funds.

And no, not many people know of many 'rumours', not even for someone who works inside PNB.

Must say this is a good improvement by PNB !

Nexona is right ! I'd be selling everytime I see a chance to convert out. But if there is no chance to convert out, ie waiting for good forex rates, other liquid funds available to send out first.. etc,... then I'll leave the funds inside PNB.

But yeah,... no choice-lar,.. to me, the RM is not worth investing into anymore, earning the RM from normal daily work is okay, but consciously investing and making more RM is not the right way to go today,... for me-lar,..

Added : I guessed it's win-win-lar,.. I'm happy to leave, and others are happy to buy more,... this is mkt ! If everybody is happy to leave, then it won't work for me anymore.

This post has been edited by Hansel: Feb 26 2017, 03:05 PM

Bro,.. I am flattered,.. I'll try to help out wherever and whenever possible,.. can earn better karma,...

Then : I am very happy that you have moved so far in yr pursuits for yr retirement,...

.....

Even if you make a lot of RM from the capital appreciation of your investment property(ies), what's the point if the value of yr RM made continues to drop ? - Get more RM,... then amt of goods and services that can be bought from that RM made reduces as time goes by,...

Bro,... yuor planning is tight too,.... build yr career, not investments only,... after got career, when tired of working, then invest more,....

Always appreciated yr valuable analysis,....tq.