Ultimate Discussions of ASB1/2-Financing, questions/comments/criticisms welcome
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 May 3 2019, 10:32 AM
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#1
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Junior Member
74 posts Joined: Jan 2013  
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So let's say if your total cap is RM250k with RM50k being your softcap. Earlier in the year you need some cash and you withdraw RM50k from your account, then next year after bonus for example, can you put RM50k back into your account which would bring your total cap back to RM250k?
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May 3 2019, 03:11 PM
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#2
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Junior Member
74 posts Joined: Jan 2013
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QUOTE(wild_card_my @ May 3 2019, 02:59 PM) You got the idea! This is clear enough, thank you. For the benefit of others, you may want to make a video about this though But what you mean to say in the last part is actually "can you put RM50k back into your account which would bring your total HOLDING back to RM250k?" And the answer is yes. Your total capping will NEVER decrease. Your holding may increase or lower as you deposit and withdraw you cash investments (including the received distributions), but the capping remain as it was, until it gets increased again. Hope this is clear, but if it isn't I guess... I would have to make a video about this to explain it using pen and paper  I agree. I would avoid funds that are always in the news for the wrong reasons.   |
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