It's already 4pm now..

Edit: Already shown in major news portal.

This post has been edited by voyage23: Aug 30 2017, 10:51 PM

Based on the lowest amount every month, is it right to say that it’s better for me to withdraw tomorrow instead of today?

I have not topped up for a long time. Planning to withdraw 10k. So do tomorrow better?

Would like to ask for your opinion.
If your car loan is at 2.5% and you are earning 6% in amanah saham, would you take out more for downpayment? Or just save the money in Asx? Considering that car loan is non reducing

Yeah averages around 2.55 now. What about personal loan of say RM50k? It states that flat interest rate is 3.7%pa (for govt servant) but effective interest rate is ~6.8% since the interest will always be charged on initial RM50k regardless how much I have paid. But I calculated that my dividend from Asx itself is gonna be higher at the end of 5 years compared to the interest I am gonna serve throughout the 5 years. So does this mean I should compared Asx dividend vs flat interest rate and not their effective interest rate?

We will just look at the personal loan of RM50,000 over 5 years.

The repayment would be RM986/month. (Flat interest of 3.67%, effective interest of 6.8%)

After 60 months, I would have paid RM9160 as interest on the loan. If I leave the RM50,000 in Amanah Saham and take up the loan, assuming 6% dividend, I will be earning RM3000/year and RM15000 after 5 years (assuming no compounding for simple calculation.)

So this means that taking up the loan would be more worth it (assuming I have no monthly cash flow issue) and I should compared amanah saham dividend with flat interest rate and not the effective interest rate?

That was my main question actually. Should Asx be compared to flat rate or effective rate? Cos based on the repayment table I am not exactly paying more than what the dividend would give me? As I’ve explained on top..

2. If compare the dividend with effective interest rate, meaning it's not worth it to take up the loan but to use up my savings in amanah saham?

3. MBSB for Govt Servants. (mumtaz-i) The rate is quoted in flat rate though.

Seems funny not long ago we used to have "aunty" here who had nothing to do but keep trying..now she's gone.. we have "uncle" who is doing the same.

Nobody watched the PC?

They are consolidating all into ASM, ASM2 (ASW2020) and ASM3 (AS1M).

Definitely announced already. Check on ASNB's FB page some winners have posted in the comments section.

So none of us here won for first round. Haha

Cos you won before? Haha. Anyway I agree, because as a non-bumi with ikan bilis amount I have won before as well sometime ago before MyASNB's existence. Through FPX.