2% of $1m is $20k, would be cheaper to hire a full time captcha entry person.

hehe also thought of hiring a catcha person. didn't count that it's already 20k.

but hire people means they will know how much you have in your bank and also need access to your bank account to pay unless you're also around to pay whenever you strike.

someone I know who used to work in bank 1negara as some higher ranking officer used to say - never withdraw your 1money from EPF unless really cannot source elsewhere. Dividend is much higher than alternatives. So I think buy house is ok, trust fund never ok. ASMx is the only trust fund I ever bought.

Out to the sea for fishing. Get nothing 😢

>Open a bank account just for top up purpose
>Transfer money from main bank account to there, portion by portion.
>Let part timer access that bank account, but only forward the TAC thing on your phone if it is transfer to asnb.

Hopefully can reach 1m before retire. Then survive on dividend.

No la. EPF is guaranteed by kerajaan 1malaysia lama dan baru. So it's even safer than ASN. I always liked that, only undecided because of withdrawal restrictions. Now try try first. If problem then go back to 11% loh.

You should pray that I can survive with half my salary la. Less one city hunter to hunt your ASM.

Morning all,

Very commendable effort, living on 50% take home salary. Must have put some thoughts on how to achieve it. Do share with the younger investors, what  change in lifestyle n how to manage emergency expenses.

Unker contrarion thinking, people keep worried invest into Kwsp, means money stuck long time. Well, isn't that the ultimate idea? Otherwise, if you consider ASX as a high FD account, wouldn't it also mean you likely to withdraw to satisfy immediate gratification instead of saving for real rainy days?

So, hopefully, you put some thoughts. Health, Employment & Luck cannot be taken for granted. Unker shud know better.

Unker keeps repeating like broken record.... Asset allocation. Irrespective how young, how tight budget, put little bit more % into Kwsp. 

But Unker stops short of guaranteeing you will have better future. Little chance, better than no chance.

Can't agree more on the kwsp part. In my mid 20 now, can see many friends and colleague around me that complain about the amount deducted from their salary for epf.

But without epf, how we gonna survive after retire especially with how youngster spend money like water on water literally (bubble tea, hotpot) and also branded stuff and big cars. Maybe FAMA bank? If got FAMA bank then good for them but some just "follow trend" by spending all their saving. At last only regret in their old days.

Really wish our education system add in financial topic for the future generation and not only sejarah, hubungan etnik etc. Not saying that those are not important but financial knowledge is equally if not more important than the other subject.

Just my 2 cent

1m in where? EPF or ASMx?

unless you got better way to earn more than EPF. 

Hi all,
I plan to open an watsapp group to focus on asnb time.. Pls pm me your no..

Whatsapp group can take not more than 256 members.
Maybe telegram?

First come 1st serve, I try to keep us low profile at 10pax only.
Trigger when trade for fish..

>Open a bank account just for top up purpose
>Transfer money from main bank account to there, portion by portion.
>Let part timer access that bank account, but only forward the TAC thing on your phone if it is transfer to asnb.

How is this new group different from the already existing WA and Telegram group on the ASNB topic?

Current one also its seems tcss more than actual purpose on ASx units availability info..

2% of $1m is $20k, would be cheaper to hire a full time captcha entry person.

First come 1st serve, I try to keep us low profile at 10pax only.
Trigger when trade for fish..