1. Nope, dividend is not constantly at 6%. It could be higher or lower. Dividend for 2018 is 5.5%.
2. You may buy via MyASNB portal, Maybank2u or even with PNB agent.
3. Buy via Maybank2u cost another RM1 if unit available iirc. But you don't need to key in captcha with Maybank.

Also, it's either ASM3 (former Amanah Saham 1Malaysia) or ASM2 (former Amanah Saham Wawasan 2020).
Dont have ASN3 Wawasan 

Unfortunately you might need more free time during end of month like this, where everyone rebut last chance to top up. Available unit grabbed within seconds.
For long term investment, best time is early of each month. And best of the best time to top up is right after dividend release.

You need physically present in order for withdrawal (to poke IC), so it's some kind of force saving too.

Morning Sapphire,

Unker says good question. The answer is 2 different words, 'Trust n Believe'.. Most logical will have to believe the facts on EPF as well as ASX demonstrated yearly dividends (in the papers n media) are better than FD. Yet ASX started ard >14 years, some still believe its a Ponsy scheme or major firm of Racism n don't wish to invest.

Also, people believe in Pidm when it says amounts below $250k guaranteed, but doesn't know how much of the Pidm money is leveraged (enuf to pay all investors), n  who gets paid first (does the rich n well connnected customers get priority) when there's multiple bank runs n Govt collapsing.

So that's 'believe', is something you cannot see but in your mind it's true (Unker won't cross the line into Religion).

Unker own mother is 84yrs old, she was a nurse who worked with her boss assisting eye Ops until she was 81 yrs old. She wanted to be independent, active, save money. She loves me, believes I will never do any wrong, dutiful son.....

Except she doesn't trust Unker putting her money in ASX. She only trusts the Tiger Bank. Hahaha, what more to say? I can't even convince own mother, how to convince random strangers in a forum ASX, EPF is safe n good investment?

Happy Saturday, all.

Hahaha Unker disgusted with my typo errors early morning... But OK, think I got the msg thru.

Today personally, EPF n ASX forms the bedrock of Unker liquid investment. Using historical Conservative interest rates, just these 2 instruments pays me interest >rm$0. 38/minute, 24/7/365.

Unker will continue to pump $ into both instruments and hope it'll continue with  sustainable dividend above 5%, something that Unker will heavily depends on during retirement, in next couple of years....to support family needs n wants, charitable foundations in education, temple funds, High hopes - private museum cum dessert shop in Georgetown for Unker to meet people n pass time, hahaha.

If both Efp n ASX turns out to be Ponsy scheme or Money Game,.... if you see an elderly man selling economy beehoon near Queensbay Mall, likely its Unker.  Pls support buy few packets, OK? Just say membership password 'Lowyat Asnb Fp' ... Unker throws extra pickled chilly.

People will think of some way. Anyway, I laundered this from : https://forum.lowyat.net/topic/4524749 Post #26
What to do. After the 60k limit, no safe haven to put already. 1000 ASMx a day also beyond reach.
In my opinion, when you're near retirement age, can deposit more. Funds won't get locked for too long. You can already withdraw from Account 2 at 50 years old.

Yeah I used to listen to those people. But later on, observed that it's very difficult to swindle 1money from EPF. That's why we haven't hear any 1money missing from EPF. Should be relatively safe, unless 1Msia collapse.

For house, one reason to withdraw EPF to pay housing loan is when interest rate skyrocket like 1997/8. Of course, the other is for downpayment.

Not sure if many are maximizing the 60k. Just read that some are self-contributing some spare change.

Just to share - here's the major difference I noticed in using MyASNB portal vs. using the direct transfer from Maybank2U Pay & Transfer option:

MyASNB Pros:
- You can keep trying much faster than M2U, just keep filling in the captcha
- You can use the Google Chrome addon to auto fill the captcha if you trust the addon

MyASNB Cons:
- Once you catch a fish, you need some time to complete the FPX transfer before you can try again
- Sometimes MyASNB kicks you out and you can't get back in for 15 minutes

M2U Pros:
- Once you catch a big fish, you can immediately try again much faster than FPX, sometimes this lets you catch 2 or 3 big fishes in a row - managed to get 3 big fish (2x ASM3, 1xASM2) one after another sometime last month from this

M2U Cons:
- RM1 charge for each successful transaction, so you need to maximize your investment by trying for bigger fish
- Sometimes the link between M2U and ASNB has problem, money debited in M2U but transaction failed, need to report to Maybank call centre and wait 1 week++ to get refund and they won't refund the RM1 (kena this 2 or 3 times already, sucks!)
- Bank statement looks really messy with many debits and credits unless you have a dedicated account for ASNB then you don't need to care
I guess the best option is to hybrid both, keep trying in MyASNB until you catch a big fish (or get kicked out) then immediately switch to M2U to see if there are any more fishes. But complete the FPX before the timer runs out. A bit mafan but I suppose this way might net you the best of both worlds.

Unker distress observing our talented fellow Malaysians unable to invest for a comfortable future/retirement.

Really senseless n non productive for our prime working individuals to do spamming during office hours or developing new biz. Investing shud be made easily available and little effort for all races. (Unker is a private person, as such, no FB.)... Need FB to start petition. 😑

Maybe, have one of fellow forumer start a petition (Go Petition) for PNB to increase Asnb FP allocation size. Since PNB wish to invest overseas, they will need more $$$ due to MYR weakness...to be a substantial investor.

Our new Malaysia shud really try to encourage everyone to invest, n not continue putting barriers..... Sigh!!!

Master Hansel. Wow! Privileged to cross path. Very insightful msg. You cannot be the young Master Hansel & Gretel lost in the woods, more likely, a Jedi Master.

Pls elaborate, you Used to be a ASX investor... Now, already moved on the more exciting investments? Pls do share, I am all ears (likely all eyes, to read yr responses)

Hahaha, hope fellow forumers don't lose patience with  Unker daily yapping n trying to be idealistic when it comes to, call for powers that be... To be colour blind in helping enrich n empowering the deserving.

You raised all the pertinent points. Unker waiting correction (yawn! Already waiting 2-3yrs liao, last opportunity was the Brexit... Pull small trigger on OCBC n DBS), now as ASX getting more competition....if this continues for few more months, thinking cost averaging on Vanguard S&P low cost fund.

Unker was working alone in SIN (left Mal when Sgd exchange was 2.0; return to Mal n family after opted for early retirement, work burn-out Y16). Now, Unker employed by my supplier old boss. Look-see n mentoring job...travel within Apac.

Initially, working in Penang... I witnessed how my old company unfairly treated my then mentor (an Unker more senior than me, taught me abt EQ n work ethics)... We slogged 10yrs together, so much for company, once old, kena whacked till forced take package. After that incident, within 3 months I pulled my contacts n was working in SIN.

Epilogue... What happened to my old mentor? Just 5 years ago sold off 40-50 acres of Penang Island durian orchard, financially, he's doing very, very alright!!! Hahaha. Positive karma.

Errr Xeon, you must still be young n pure at heart....

After married, all the $$$$ belongs to Auntie. Unker just talk big in forum, take daily allowance only.

Shhhh, don't laugh too loud, in case Auntie finds out.

Yeh,... I pprecited unker's stories too,...

Perhaps I might offer an opinion here : I think working in SG helped to expose me to the available opportunities in the world outside beyond Msia. We get to see the disparity of the situations in Msia compared against the world. But don't get me wrong - not everything OUTSIDE there is better than Msia.

In terms of making money FROM INVESTMENTS, yes, SG is better than Msia, Australia, and a whole lot of other countries in the world..

There are many factors to consider,... we need to be exposed to the outside world.

Don't know-lar, unker,... for myself, I want to be able to manage my own funds for the rest of my life as long as I'm physically able to, till I go,.. I'll never leave all the funds to someone else to manage.

Sure, if that someone loves you enough not to question your expenses,.. BUT the day will come when that someone starts to question your productivity and economic contribution to the household.

Anyway,... investing is an activity that we can do for the rest of our life. Not too much of physical activity involved. The more we do, the more we exercise our brains, the stronger we become in this field.

Xeon,
Pretty well thought responses, well done.... If both parties are working, then split the income fairly (both in agreement) into shared 3 accounts = household vs him vs her accounts.

You struck the right cord abt being independent n self learning.

Bravo! Lastly, don't just save, save, save... Wor, if like a Korea or Osaka trip, just redeem some $ n go... Experience is more important than things.

All YOLO. very kanasai.
Got 1 approach me for investment idea.
I tell them so many ways. Go SGX don't want, go SA don't want, FSMOne don't want, macam bodo. Then ask me want to invest in MY necasue he think he convert SGD can have a lot in MYR. to invest.
Bodo or not.

Got ready SG acc liao. Can open easily liao. alamak

This week quite good. 12k units managed to grab on asm. This time 2500 each try though. Cannot 5000 anymore

Hahaha,
Unker hide into toilet, try-try also get 1k ASM1, 10am.

why uncle didnt try ASM2 or ASM3?

ASM so far is the easiest fund to get for this month

Haha Unker copy Bro Stky answer... ASM so far is the easiest fund to get for this month. But today, regular fishermen quiet...???

Negligible difference in dividend only. Buy whichever available.

😥😢😇, wah Unker hear already,.. Unker very emotional. Quickly, research for Sapphire.
In future, need any info, let ue know....

Here you go Elder sis....Mister Leaf

Welcome bro,...

Nobody will help us if we don't help ourselves,...

Tried $25k/pop from 901-1130am, no luck... Yet someone caught $60k.😥😭

Unker just came across this n tried to investigate on FAQs, but not readily available.

Looks interesting, a kwsp member can choose to maximum top-up remainder of net income (post kwsp n Lhdn deductions); or can just fill up 17a n follow the $60k self contribution process?

Unker can immediately identify with the merits of this monthly top up process. I think it's an option for non-bumi to workaround the senseless spamming n low catch rate due to shrinking ASX pool.

Except for the younger n over-adventurous investors, possibly ending up with stretchrd budget n the kwsp funds is quite illiquid n there's rigid withdrawal criteria, that'll be a challenge.

Will go kwsp this Fri morning to dig further.

On the flip side, Unker doesn't have vice worth mentioning, the daily $ bets ASX spamming, does create some personal satisfaction n excitement, tell fishermen tales in this forum. Pity gonna miss all that.

Alamak, just got off video call with Auntie.

She says, my long noodle-msg, Unker sounds more like a shampoo girl, rather than sinseh. No answer one, round n round only.

On the bright side, think that's her way of saying, she loves me.

Unker going to my fav Tamil Street roti prata. Yippeeee.