Ultimate Discussion of ASNB (47457-V)发 8ight 发, Wholly owned subsidary of PNB (38218-X)
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 Dec 6 2017, 01:30 AM
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#1
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Junior Member
26 posts Joined: May 2015 
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Good day everyone, I just open my account for ASW2020.
It stated that the annual interest is 6% but I do not understand how to calculate. Could someone be kind enough to provide me a scenario so that I can understand the calculation better?  I am totally new in investing, sorry for the stupid question |
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Dec 6 2017, 09:17 AM
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#2
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Junior Member
26 posts Joined: May 2015
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QUOTE(veera77 @ Dec 6 2017, 04:19 AM) Welcome chung1412 to ASNB ! Thank you for your advice, makes me have a clearer insight on how the calculation works. ASW 6% div was for the period Sept 2016 - August 2017, which generally known as ASW 2017 dividend, and deposited on 1Sept 2017. How to calculate? Take 6% divide by 12 months = 0.5% per month. Then, u need to check the lowest balance amount for each individual month and times with 0.5%. Total from each months is your total dividend. Thats why, its highly recommended to deposit in ASx certain amount every month (treat like another EPF), to maximize your return, and slowly grow ur investment via compunding interest (there are a lot videos on youtube about magic of compounding interest). Happy investing !  I read it somewhere in the forum that stated it we should invest in the following order ASW2020 - ASM - ASD - AS1M But i checked the interest fee is the same for ASW2020, ASM and AS1M, why is ASW2020 better than ASM? |
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Dec 6 2017, 02:51 PM
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#3
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Junior Member
26 posts Joined: May 2015
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QUOTE(veera77 @ Dec 6 2017, 11:24 AM) Generally people believe more matured fund would performe better...thats peope usually advise ASW > ASM > AS1M..and also same reason why more difficult get ASW, compared to ASM/AS1M. Thank you very much , alot need to digest for the investing part. ahhahaaSince u just started to invest...dont bother much all above theories...just put in any fixed price ASx (nvr go to ASG or ASNx for now)...after few years you will understand how to re-adjust your portfolio.  Happy investing to you too |
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Dec 6 2017, 02:53 PM
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#4
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Junior Member
26 posts Joined: May 2015
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QUOTE(bearbear @ Dec 6 2017, 09:53 AM) ASD is for bumi only, if you are bumi then ASB is the choice dont need to think I am non-bumi, so getting ASx is like the best saving plan I can get for the time being.to me all 3 ASW, ASM & AS1M are the same with different payout date. Is there any way to utilise the payout date in order to maximise the return? |
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Dec 8 2017, 11:01 AM
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#5
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Junior Member
26 posts Joined: May 2015
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Can someone help me solve my doubt on the calculation?
lets say say on December 2017, my lowest amount is RM100 and I did not do any topup for the next month which is January 2018. so the interest counted on January 2018 is RM100, or RM100.5 Thank you in advance |
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