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> Ultimate Discussions of ASNB Fixed Price UT, Magical UT only in Malaysia

alexanderclz
post Yesterday, 10:10 PM

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QUOTE(veera77 @ Jan 16 2019, 09:33 PM)
mass withdrawal might happen if dividend below 4.5%...as average mortgage interest rate is 4.5%..

I believe ASx dividend wont go down below 5.5%...smile.gif
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QUOTE(saitong09 @ Jan 16 2019, 09:36 PM)
Ya, let's wait for the final figure smile.gif
Anyway, i won't touch as long as higher than 5%
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yup. just enjoy while you can. if no longer attractive, then we go for alternatives.
veera77
post Yesterday, 10:15 PM

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QUOTE(yklooi @ Jan 16 2019, 09:36 PM)
hmm.gif what is the borrowing cost (interest rate?) of the ASNB funds?

oops...found.....about 4.85~5.8%
doh.gif

https://loanstreet.com.my/asb-loan
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Now Citibank Malaysia Credit Card promo giving ‘Quick Cash’ from CC limit at the rate of 5.33% flat rate..

Thought take that with 6 months repayment option an invest in ASNB...but now have to think twice...


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alexanderclz
post Yesterday, 10:18 PM

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QUOTE(veera77 @ Jan 16 2019, 10:15 PM)
Now Citibank Malaysia Credit Card promo giving ‘Quick Cash’ from CC limit at the rate of 5.33% flat rate..

Thought take that with 6 months repayment option an invest in ASNB...but now have to think twice...
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the better way is to do 0% balance transfer, then withdraw the extra money (either via transfer to savings or indirectly via e-wallets). then you don't have to pay any interest.
nexona88
post Yesterday, 10:30 PM

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QUOTE(DBHILUHDAQWISRTNJ @ Jan 16 2019, 09:48 PM)
Haha , most of time I'm a optimism person .
But until Employees Provident Fund (EPF) chairman Samsudin Osman cakap to reporters “You can imagine the market condition, at what level. I cannot say… but I can’t give the answer. We have to look what happened last year to know whether it is good or bad,” he told reporters today.

Hmmmmm , Unker's retired plan gonna delay .
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because of the statement...
it's open up so many possibilities.... so much speculation..

normally EPF don't really give such hint... but if the boss already give such hint... then the situation is really seriously bad icon_question.gif

This post has been edited by nexona88: Yesterday, 10:30 PM
veera77
post Yesterday, 10:37 PM

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QUOTE(alexanderclz @ Jan 16 2019, 10:18 PM)
the better way is to do 0% balance transfer, then withdraw the extra money (either via transfer to savings or indirectly via e-wallets). then you don't have to pay any interest.
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Good idea also...problem i only one CC only..anyway should explore this BT opportunity also.. smile.gif
nexona88
post Yesterday, 10:48 PM

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QUOTE(veera77 @ Jan 16 2019, 09:33 PM)
mass withdrawal might happen if dividend below 4.5%...as average mortgage interest rate is 4.5%..

I believe ASx dividend wont go down below 5.5%...smile.gif
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same feeling here...

like I said... around 5.5 to 5.8 cool2.gif

if lower than 5.5 really GG bye.gif bye.gif

the gap between ASx vs FD is too close call.. better dump into FD blush.gif
veera77
post Yesterday, 10:56 PM

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QUOTE(nexona88 @ Jan 16 2019, 10:48 PM)
same feeling here...

like I said... around 5.5 to 5.8  cool2.gif

if lower than 5.5 really GG bye.gif bye.gif

the gap between ASx vs FD is too close call.. better dump into FD  blush.gif
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One day Malaysia might follow Japan...negative interest for FD...huh huh sad.gif
nexona88
post Yesterday, 11:00 PM

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QUOTE(veera77 @ Jan 16 2019, 10:56 PM)
One day Malaysia might follow Japan...negative interest for FD...huh huh sad.gif
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possible...
since back to look east policy with focus on Japan blink.gif biggrin.gif
veera77
post Yesterday, 11:01 PM

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QUOTE(nexona88 @ Jan 16 2019, 11:00 PM)
possible...
since back to look east policy with focus on Japan  blink.gif  biggrin.gif
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Oops..wrong policy seems..he he
nexona88
post Yesterday, 11:05 PM

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QUOTE(veera77 @ Jan 16 2019, 11:01 PM)
Oops..wrong policy seems..he he
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worse come worse..
maybe just follow our neighbor rate.. Singapore cool2.gif

veera77
post Yesterday, 11:18 PM

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Investment is not about how much u earn...but its all about how much money u spare for investment from ur earning smile.gif


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DBHILUHDAQWISRTNJ
post Yesterday, 11:27 PM

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QUOTE(veera77 @ Jan 16 2019, 11:18 PM)
Investment is not about how much u earn...but its all about how much money u spare for investment from ur earning smile.gif
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Haizzz , I should set this image as hp wallpaper .
Is not a easy task to control , especially shopping .

Questions: how many percent of your monthly income will save as investment ??

All abang , kasih sikit comment.

This post has been edited by DBHILUHDAQWISRTNJ: Yesterday, 11:34 PM
annoymous1234
post Today, 09:49 AM

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QUOTE(veera77 @ Jan 16 2019, 11:18 PM)
Investment is not about how much u earn...but its all about how much money u spare for investment from ur earning smile.gif
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but the more u earn, means the more u can invest. biggrin.gif

This post has been edited by annoymous1234: Today, 09:49 AM
ywliang96
post Today, 10:59 AM

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QUOTE(veera77 @ Jan 16 2019, 11:18 PM)
Investment is not about how much u earn...but its all about how much money u spare for investment from ur earning smile.gif
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but so far ASNB have never have negative profit... Hope I don't jynx it
shodan11
post Today, 10:59 AM

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QUOTE(DBHILUHDAQWISRTNJ @ Jan 16 2019, 11:27 PM)
Haizzz , I should set this image as hp wallpaper .
Is not a easy task to control , especially shopping .

Questions: how many percent of your monthly income will save as investment ??

All abang , kasih sikit comment.
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I am no abang..adik maybe🤭
So far, excluding EPF 11% contribution, able to save roughly 25% monthly income for ASNB investment,only earn peanuts & have other commitments.
Hopefully will save more in years to come.🙂

This post has been edited by shodan11: Today, 10:59 AM
fun_feng
post Today, 11:06 AM

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QUOTE(veera77 @ Jan 16 2019, 10:15 PM)
Now Citibank Malaysia Credit Card promo giving ‘Quick Cash’ from CC limit at the rate of 5.33% flat rate..

Thought take that with 6 months repayment option an invest in ASNB...but now have to think twice...
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5.33 % convert to effective interest rate is 9.7% is shockingly high...

Even if your ASX returns 8% also u lose money...

ASNB loan is effective interest 4.X ~ 5.X still can earn a little

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