For me, promo fd which is mostly over-the-counter, and requires annual withdrawal to "renew" on other bank, is much more annoying than captcha spamming.

Yeah it's tiring when age catches up. That's why I'm porting over to ASM.

You'll be surprised some old folks who doesn't know computers will buy bank drafts, bank in another bank, withdraw through another bank draft, and FD to same bank again few days later.

Yeah it's tiring when age catches up. That's why I'm porting over to ASM.

You'll be surprised some old folks who doesn't know computers will buy bank drafts, bank in another bank, withdraw through another bank draft, and FD to same bank again few days later.

https://www.thestar.com.my/business/busines...d-ended-may-31/

Income dipped 1.4%, better than KLSE and lurking to diversify woh. Dangerous to stray away from their traditional strength.

can the word "unker" be totally eliminated from the discussion here? makes it too cheapskate and dont reflect professional talk.

all depends. in fact, it's even more competitive now to get units. it's possible to spend the whole day spamming yet get nothing, as compared to spend an hour at the bank to get the fd rates. personal preference of course, but those are some of the scenarios.

hahahhaha.

my grandparents does that years ago..

ever since ASW2020 appear... less doing that.. but still have some parking for emergency purposes 

i don't think they have a choice. bursa has been bungkus for 5 out of the last 6 years and i doubt they can continue to hope on bursa for any much longer. much better to diversify and spread the risk to a number of markets so that if some markets bungkus, the other markets can prop-up. EPF made the smart move to do it years ago and pnb is now only catching up.

expect a lot of other glic to follow suit.

Yes, agreed. I've several reasons like job scope changed, so I've less time to snake out. Tired of doing that, lazy to beg banks (sometimes they allow to renew without moving funds around), etc.

With ASM, I probably will lose the first month since I don't think I can move everything into it within days. But as long as I can buy at least 1k a day, it's good enough.
Wahhh do I feel old or what. During the ASW time, I was broke and wasn't aware of it. During ASM, also broke and not aware of it. During ASM1M, saved some money but not also not aware of it. That's why I'm here fighting for units with you all today Otherwise I will be shaking legs.
ohhh? I only aware EPF bought some properties overseas. I think that Bettersea will bring good returns since it started development years ago, around the time of the subprime crisis. Didn't bother to check the forex, but apparently, GBP fell as much as 1MYR the past 35 years. I remember it was around 1MYR5 to 1GBP at that time, and it's around the same now.

either way, half my pay is going into EPF now, so, less needs to fight for ASMx.

u mean, instead of 11% +12% EPF,
u opt for 50% ?
What;s the benefit of this ?  (forced saving ? )

since EPF can only withdraw after 55 ......

and if i remmebered correctly, EPF limit RM60K deposit per year too .

Can withdraw the amounts in excess of 1M at any time.

Can deposit in excess of 60k if it's done through salary deduction. 60k limit if you deposit on your own.

Elder Believe leading pack with new & pragmatic savings movement for the near 50s n beyond (buzz lightyear)

No other principal almost protected, higher than Fd yield n self top-up (flexible) investment solutions for the 20s, 30s n young 40s... not choosing kwsp option.

As previously discussed, cannot go Petition.

Since Auntie English n Economics more powerful, Unker sweet talk her to post  article in TunM chedet blog... Asnb need for bigger quota, helping next gen savers, diversify outside Bursa, Govt crowd funding Penang infra, blah, blah.

We have approx 400 active Telegram users, so likely same user for this forum... You just spend, 2 mins to register n post short notes, in agreement.  But wait ah, I smooth talk her with Sg Pinang duck noodles n Nescafe tarik first. Then, I let u guys know.

At least, get our views read,... Already small win. Otherwise, you only wasted 2 mins on Sat, where no spamming.  Willing to invest in this idea?

Unker next 7 months walking un-dead.... Yesterday, kena arrow another big project. Unker now try new non-halal investment tips, spending $100/week on Toto. Desperate! Hahaha.

Unker now needs to working hard vs previously hardly working,... Unker only look at posts after 430pm, hide toilet n read.  Sigh.

5.25% for asb3? this is hilariously bad.

I only aware EPF bought some properties overseas. I think that Bettersea will bring good returns since it started development years ago, around the time of the subprime crisis. Didn't bother to check the forex, but apparently, GBP fell as much as 1MYR the past 35 years. I remember it was around 1MYR5 to 1GBP at that time, and it's around the same now.

paogeh
> u mean, instead of 11% +12% EPF,
> u opt for 50% ?
Yes

> What;s the benefit of this ?  (forced saving ? )
No need to FD or catcha ASM Money 100% safe, safer than FD and ASM.

> since EPF can only withdraw after 55 ......
50 can withdraw Account 2 already.

> and if i remmebered correctly, EPF limit RM60K deposit per year too
Yeah. Self contribute a bit, ASM a bit. In other words, if I feel cannot buy ASM fast enough, I dump into EPF 1 day before the last day of the month (because it takes 1 day for EPF to process and money must be in BEFORE 1st calendar day to entitle for that month's dividend).

If asb gets only 5.25 I wonder how much our fixed price fund will get.

At least, get our views read,... Already small win. Otherwise, you only wasted 2 mins on Sat, where no spamming.  Willing to invest in this idea?

epf's mandate is they're vof cannot exceed more than 45% invested in local equities so they had to diversify overseas out of this limitation rather than managing risks but lucky for them it turned out to be a good move indeed. pnb is doing the same but with their total investments making up 10% of the entire bursa market, i'm sure the regulators will not allow them to pull out so drastically.

it will be gradual and the benefit may not be seen for at least 5 years. those who have no idea what investing horizon is and just follow crowd who are panicking will dump asx only to cry blood tears in the future out of regret.

If asb gets only 5.25 I wonder how much our fixed price fund will get.