that's very small amount..

if u says 10k, then there's unit availability 

already ending of the month..

some smart people started topping up this week instead of next week (last week of the month) 

Not to say not smart..
But failed strategy...
Many also trying end of the month.. Salary masuk etc.
So more cash in hand...

Okay strategy is to top up anytime of the month.. Just that u lose out 1month dividend...

Actually every day also can get units. As long as you keep trying at myasnb. To get 6 figure units basically you just need around 3 days on average.

ASB & ASB 2 have 200k limit..

Others fund, no limit..

Of course got. I know of 3 people here who have that much inside (old timers who went MIA) ASW2020, ASM and AS1M.

ASB & ASB2 I don't know.
For chinese
1) savings is always a priority especially for older generations (not saying others don't save)
but chinese tend to save more. Not sure current generation still save or just YOLO. And these rich older generations pump in 6-7 digits, where got units left for other chinese? Some even pump in for their kids.
2) there's no unlimited units available so Chinese cannot treat it like a savings account. So if you can get in, would you want to cash out?
3) easy to get money without doing anything and Chinese love money (just look at Chinese New Year - everything is about money )

looks like the website is down.

If what I said is right, one already have the money to settle. The question is no point settling if there's 0% interest balance transfer. Can defer payment and earn interest while waiting to settle the payment without penalty 

Eg. Can pay RM12k now and earn no interest/return. But with balance transfer, one can postpone payment to say 6 months before paying the full RM12k. Earn 6 months interest. Then when approaching the 6th month, find another place to do balance transfer and defer the payment further for another 6 months. That way, one get 12 months of balance transfer. That RM12k is earning money for 12 months while you are waiting to pay it in full (when there's no more balance transfer).

Gen-X taught this trick before. One can use this method to earn extra money while waiting to settle the debts in full without incurring any penalty or cause a blacklist of name provided one have money.

For those who reported this post, thank you very much. Why?
- Don't be jealous that someone is using amanah saham to earn extra pocket money from the bank.

Why i came out with this idea? Rental return in this house is only RM18,000 per annum, while the property value is 600k. Thought of selling and dump money in Amanah Saham, where i could earn RM36k per annum. No hassle of finding tenant, getting rental every month, paying cukai2, guard fee..etc.

Then as an alternative, thought refinance, and pay part the installment using rental return (to minimize cash flow issue), and at same time earn from differential between mortgage loan interest and Amanah Saham dividend. And the same time, could enjoy possible property value appreciation gain over the year.

Thats all story about..ha ha

Now back to our discussion. After reading comment from all respected Sifus above, this is my personal opinion.

The risk here is BLR movement and Amanah Saham dividend.
Loan Legal, loan stamp duty, valuation report is one time cost (abt 2%). Can consider MRTA, if its deemed necessary. Total initial cost would be about 3%.

Possible scenario if we refinance and invest in Amanah Saham.
1. Bigger the differences, more earning $$$
2. Narrower the diffrences, less earning $
3. Negative differences, loss making

In scenario #3, then should withdraw money from Amanah Saham and close the loan account..but another risk here, if Scenarion #3 happen within lock-in period..bank will impose 5% penalty. Plus lawyer cost for Document Discharge abt 1k.

I already asked mortgage specialist to study this proposal. Will update once i get the details.

Guys, i received all quotation and indicative bank loan interest, for study option of re-finance property to invest in ASBN.

Below is the details Excel spreadsheet, for "300k re-finance loan @ 10 years repayment" vs "force saving the same amount of loan installment without re-finance"

I did not see much difference in earning...and the risk factors is higher...

i have cancel my re-finance application today, and decided to do force saving every month.

hope this could gives us some idea about "investing in ASBN by property re-financing" 
if anyone could not understand the table below, feel free to ask 

To my knowledge, yes. ASNB is not capital guaranteed.

Good news for those intended to top up 😂😂

Anyhow.. This week is good time to hunt some units..

And FYI, Friday is closed because public holiday... So don't go waste time...

Yes..If top up between 2 Jan - 1 Feb 2018...dividend only starts from month of Feb 2018..

Bcoz ASNB follow month lowest balance for dividend calculation.

GO GO GO !!!

I have done RM 80k in 3 days in a single ASx fund (ASM), when i reduced my exposure in stock market and shifted into ASx two months ago.

Try to break my record bro 

Not possible. Have to agree with Ancient-XinG on this. ASNB funds were created not for us. So why would they want to help us by giving us 7%
Sad but have to agree.