What is the projection? Minus 1-1.5%? Seems loan unable to give return that we desire?

I think everyone is looking at 5-5.5% for ASM x.

What type of loan? ASB loan? ASB dividend usually higher than ASM. This month end will declare for ASB 3 so you can looky see. ASB 1 was 6%.

I think ASB loan still worthwhile. If economy picks up next few years, can get higher dividend again.

Morning Penang lang, your predicament is no different from all other forumers.

Unker crafting this reply carefully, so as not to be perceived as narcissist!!!! Remember, Unker just sharing sensitive info, backed with objective data...dont throw stones.

In the past, Unker just hoot ASX, but after getting into forum, Unker realises ASX is a zero sum game. With a fixed fund size and competition worst among the Chinese.

Most important, don't allow the inability to invest frustrate n materialism consume you. Awareness of investment n having the means to invest already shows you are lucky n put you ahead of many poor souls. Investing, is a marathon so just pace yourself.

In conclusion, your preoccupation with the $2820 (done $600) is no diff in emotions with Unker pile of $hit below. Unker just as lost on what else to do... Same amount of frustration n hollow feeling, it doesn't get less even after you amass greater wealth.

Haha, enjoy the day.....Auntie always tells me in the face, my greed n narcicism know no bounds. Dunno how she can stand Unker for so long? Unker thinks myself handsome leh.

P/S.. This is example Borang 22, Unker will just handcarry....

Well many of us looking at around 5% to 5.2% 😒😑

with that, so will the ASNB loan rate drops leadings to the drop of FD rate too?

As mentioned above. This is for ASMx. Loan only for ASB right?
Cmiiw
But I'm not saying it won't too.

Nah.. ain't gonna happen anytime soon 🤣😋
Loans rate wouldn't simply drop like that. Banks have their way to maintain or minimize "losses" 🤭

And like the above post mentioned. Loans for ASB only.. and their rate still at 6%, above the loan rate of 5.2%

Unker thinks, whatever dividend% - make full use of accrued interest, to draw down your housing loan, pay off debt, build emergency saving fund...plash, don't put down payment for a Lexus.

Unker thinks, the dividend will continue to decrease over time (as the fund size gets bigger, and our unrealistic expectations for ASX, ASB funds to consistently outperform over long period of time)

If this ASX, ASB FP model is the holy grail / silver bullet to poverty elimination,...think lah, Malaysia wont be the 1st and only country in the world to implement. (People in this forum, are just lucky opportunists grabbing the free money while this FP fund still exists).

As per Unker morning note, our frustration comes from the subconscious realization (somehow ASX, ASB FP won't last forever, and we wish to grab as much as possible, let the accrued interest grow) before it discontinues.

Go digest Unker short note....we can then debate later on.

May be it is time for diversification. As one ages, tends to be comfortable with this type of passive investing. Have to start looking.

Good reit seems another good option for long term investment, with ~6-7% return.

my BAD....yes historical ASM had always min 1~2% less than ASB....

/me throws poop at unker

unker can engage elder skty's services. while stock lasts..........

How come you hand carry SGD unker?

No, i did purchased housing loan there is some extra money that I could put in. My initial thought ASM, yes it is nice to get ASB but im not eligible.

Which ASM that you could suggest, Wawasan?

examples?

Don't throw at Unker lah,....

Today, Unker formulating the T&C, commercial considerations, non disclosure agreement n financial safe guards, to outsource spamming services.

The more Unker ponders on this possibility, awarding services contract to close relative(s) seems the most prudent option.

Based on historical best case spamming, $500k took 6 months. With current tight fishing environment, for sure gonna take much-much longer.

Unknown risk will be end 2021 SC review of FP to VP... Then diminishing returns!!!? Auntie will scream at my hare brained scheme.... Frighten.

hahahaha. it is the same for all businesses out there.

it takes time to build up trust and once trust relationship has been obtained, then the business will start to bloom.

it depends you want the business to last long or short. Scam is only for people who is short sighted and only want small money. Good sustainable business is the one that can bring huge long term profit.

By calculation, ASM should be easiest for Chinese. If you're Chinese, ASM1, ASM2, ASM3 sequence. If you're Indian (#include <punjabi.h>, ASM3, ASM1, ASM2 sequence.

Based on reality, I suggest trying each fund, one day one fund, then let us know which is easiest.

1money and relatives is a bad idea to me. see https://www.youtube.com/watch?v=4GCO9k1FKaE

$500k in 6 moons? not very efficient. If my calculations are correct, 高手 did 300k in 1 moon. That's why it's been so difficult to buy in the past month. And bosslu really 賠了夫人又折兵 loh. pay you to work but you go on fishing trips.

This post has been edited by beLIEve: Jun 23 2019, 03:21 PM

300k, if May month? If so, that's Impressive.

Hmm, Unker was historically using $1k/pop. Considering it a slow accumulation rate.

Objectively, what Elder pointed out is true. Unker fully recovered, n needs to get back to actual work-work...Unker wishes n needs to continue working.

Spamming leave to Auntie liao. Unker needs to go rehab for spamming detox. But, will definitely read the forum.

if i dont have a memory leak, May-June time frame.

This is asnb discussion, not some service selling noticeboard

No talks about this so called captcha service or promotion of any kind

Besides being not legal, abusing the system will actually make PNB take actions which may make it harder for EVERYONE just brcause of selfish actions of few.

Take this as a stern reminder. Not just yiu, but everyone in this thread too.