my bank forced me to sign MRTA which almost wiped out half of first year dividends

im pretty sure there are upfront cost to this

anyways, i dont take it because its full already. but i am facing a problem now beecause ASB 2 and ASB3 also full, and need to claw for units.

thats only a problem if you plow in money MANUALLY

as far as ASB loan is concerned, you took a 200k loan upfront

ur just paying of ur debts.

if u plow in money into ASB slowly, ur gonna hit that 200k (far later than the loan)
so once u reach the cap, u gotta put it somewhere else with lower return.

i am 100% sure this is wrong

its always better to take the loan, because you cap upfront, and pay it off

and even if rates rise, you can sell off your holdings and close the loan.



if you put money every month manually (instead of using the debt route), you will quickly hit the cap, then you gonna have lower returns.

the difference in 40 years can be almost half a million