Im currently holding ASB 1 , money grow around 380k after 9 years of savings without removing any dividend . To do this , i took loan from CIMB at 4.8 % for 25 years .
I'll be paying CIMB monthly around RM 1100 without missing .
May I know if it's worth it for me to take personal loan for ASB 2 and do the same thing . The thing is personal loan's interest rate is much higher ( Around 6 % ) and repayment duration is lower ( Max 10 yrs ) .
Do you think the risk is worth it ?
ASB 2 investment, Advise needed