Wah, uncle's colleagues sure all millionaires. No wonder top up getting harder, a lot of whales in the same pool. 

On a serious note, I would recommend, but not force people into asnb.
They wouldn't thanks you if getting stable 6%, but they may    you if asnb giving dividend less than FD.

Uncle, I believe a lot of us didn't waste time on FD due to ASNB's online portal only exist like 1-2 years ago. Of course if you can camping at bank, that's different story.
ASNB guaranteed fixed price, but dividend by rule can give 0%, but of course we all know it wouldn't happened for now.

Knowing power of compounding is a very good plus.

For fresh graduate, play stock isn't a bad idea anyway, learnt it was dangerous when young, is better to play fire when old.

Btw, few k, can play top up once only.

Best investment with few k would be:
- education, learn something new, that she might like or dislike, never try never know.
- experience, on starting business, or try and research different kinds of investments including but not limited to stock, asnb, ut, gold, crypto, insurance, robo advisor, reit etc (each 3 digits), then she know she like which more.

Although asnb is good in many ways, but not everyone is having low risk appetite, need to discover themselves.

*Uncle is treating the girl's money like own money, very suspicious   

borrow from bank

90% of available credit

wanna ask this fp got risk but how to define the risk in worst situation?

Since the price is fix to rm1.. and if it lose money it still remain rm1...
so the risk is we get 0 dividen?

Or they minus our unit?

btw i try to verify my email for statement, but asnb nvr send email to verify lol

PNB mean? i am new.. haha.. ASNB part of gov rite? now gov seems unstable... do decision without think much... reckless..

ASNB has no minimum guaranteed dividend. EPF have minimum guaranteed of 2.5%.

Worst case scenario, yes zero dividend, no minus in unit..

At 0% dividend, the things u actually ‘loss’ is FD return and money value reduced due to inflation.

Bank FD is following Bank Negara OPR policy, no matter what hapoen to Bursa or Economy, bank must pay FD interest, as long as Bank Negara doesn’t reduce OPR to 0%, which never will happen.

Money value reduce every year due to inflation. Thats the main objective of low risk investment, to protect our money value againt inflation.

Wah..
Unker don't make me scare leh..
ASx is my safe buffer yo... If losses too big in others investment.. ASx "safe" me 🙏

Nothing is guaranteed..

PIDM is not guaranteed as well.. (no single party can save mbb, cimb, pbb etc all in the same time)

Land and factory is also not guaranteed... (natural disaster, change of law, business environment change etc)

Even you hold ringgit under your bed is not guaranteed... (some country can depreciate currency more than 90%)

But there is lower risk, higher risk, so far I would said asnb is same risk with epf.

Well...
PIDM is non issues actually.. Because if anything really happens.. It won't have the financial to cover / pay...  So just forget about the protection... For show only.. Nothing else...

Buy land & setup factory sure have risk..
That's why high risk high gain... U could lose or win.. Who knows 100% return within few years... Or 100% lost few years time... Endless possibilities...

Unker want to go.. Please proceed.. But do research first.. Simply don't jump.. Check out strength, weakness, competition in Malaysia & overseas.  Within market & others... All needed to check out 🙏

Hahaha..
Unker not alone..
Many rather spend time hentam captha...
But slowly its would change.. And unker start looking for others Risker assets / investment..
Trust me.. It happens before...

If anyone interested, here is pidm's maximum capability.. https://www.google.com/amp/s/www.nst.com.my/node/358855/amp

Huhuh..
3.6bil is just peanuts yo..
Total banking account balance by malaysians is wayyyy higher...

First, this is not a Malaysia only product, get to know what is deposit insurance system, why it is created, then you get the answer.

I don't want to off topic and explain too much.

Now busy with year end holiday...
Wait for month end salary and bonus only buy Asx

But But EPF have minimum 2.5% guarantee dividend.. unlike ASx funds.. they can even declare 1% dividend yo    since there's no B&W saying dividend is 6%   

So fast...
Btw since when asnb got write Datuk Tan Seri etc.
Normally just En. Only... Or Unker Datuk Seri

Huhuhu...
So touching ahh.... But asnb don't recognized our contribution...
So long invest, yet nothing gift from them... Email them, then only realized our existence 🙍