Oh really... All fund too?
Can post here

For the 3 fp, is there a quota. Or say if bumi sells can non bumi buy

Indians steady with average 12% holders for non-bumi funds. Always under impression, we don't bother about saving cash but in really still a very good number.

I think quantity of holder not that important , cause many of them never top up after create account .

Indian usually invest in property, gold and FD...also many into Insurance company endowment saving plan and Unit Trust...

ASNB still an ‘alien’ for a large Indian...i tried to convince many about this hidden gem...but 99% end up to deaf ear...

Many of my friends {Chinese} , prefer property,fd and stock .

No matter how hard I explain to them , end up fail.
Haha.



This post has been edited by DBHILUHDAQWISRTNJ: Nov 2 2018, 02:41 PM

Wow haha never knew asm is dominated by Chinese . Thought there’s 200k allocation to bumi and 30k

Budget 2019 update


Attached thumbnail(s)

wah.. very good info..
now we needed the units holding for each racial group

agreed.. many still prefer the "old" investments like Gold or property... Shares & UT is not the list

government gave chance.. but don't want take the opportunity.. then later complain why wealth / equity distribution not even / balance among the races in Malaysia

I wan the chance but always no unit

because u always late

This post has been edited by nexona88: Nov 2 2018, 02:55 PM

anyhow..

previously BN government mention about B40 loans for buying ASx units? any updates on that?

or PH totally cancelled it

Have to agree with this one. Tried to get some of my close friends to invest in ASX but literally none did. FD only help you to fight the inflation rate and gold pretty useless if looking into growing investment.

haha haha. that feels.

u know the funny part...

Bumi is more than Chinese unitholders for AS1M..

around 180k vs 160k

really mindblowing info... never ever imagine such situation would ever happen...

u don't understand the concept huh..

bumi sells, only bumi can buy..

as or ASW.. non bumi sells, all non bumi can buy..

meanwhile for AS1M even more unique.. Chinese sell, only Chinese can buy.. if Indian sell, Chinese cannot buy

I don't. That means for all 3 FP. NON BUMI AND BUMI ratio is fixed? I can't rely on bumi selling to get units

When i was 27 yrs, i plan to buy newly soft launched apartment which beside LRT station...asked my close friend to buy due to location and its still in soft launch. Finally only me bought. Now the rental return is 11% and capital gain is almost 200%.

Last year told him about ASNB...thousand excuses and condeming govt funds...

Majority Malaysian mindset...u need to work to earn money and they don’t think how to make money work for us...

very less Malaysian could think how inflation eating our money...and how to keep money above inflation

This post has been edited by veera77: Nov 2 2018, 03:25 PM