yes, 5%+ still better FD but just slightly better only..

make ppl worried is the general downward trending,
ASM as example since 2015 6.6% down 6.3% down 6.0% down to 5.5%.
if trending continue, ASNB rate will be just on par with Bank Rakyat FD 4.85%.

it make me worry on accumulating my retirement fund also,
for example if I projected my retirement fund using 6% rate, I expect to retire in next 10 years, but now rate reduced my retire has to postpone to next 13 years.

reduced rate also impact your wealth on hedging inflation rate,
example if ASNB is 6%+ still barely offset the inflation rate so your wealth is not shrinking,
but if down to 5% which means your wealth is eating up by inflation.

we should look at it in long term perspective, unless we are so sure next year we will die, which I hope so....

error!

This post has been edited by moosset: Aug 30 2019, 09:54 AM

U talking about ASM2 right? Not ASM3 🤣😋

August 30 leh 🤭

a little typo makes even more people worried. yet no one is selling

Hehehe...
Waiting..

Another typo is the previous post..
Saying it's 5% only 🤣😋
Luck already edit.. if not sure create panic 😑

haha

actually they don't need to sell ASM3. Just need to Switch() to other ASM. Still no one is doing that, or maybe someone did that the other day, resulting in a mini sale.

what time announcement?

about that ASB auto labur feature, if already max, still can auto labur?

Around 4-5pm

Guess you're right..
Some have use the service...

Also some started to "abuse" the transfer services... By offering premium price against rm1/unit 😁

Sure cannot...
Because of the limit of 200k exclude dividend 😒

guys wanna check, for switching of funds, example for ASM2 > ASM1, is it depending on unit availability, or confirm can get? Cause i plan to transfer around 50k units

next month a lot ppl start selling ASM2 after dividend

no one really knows. maybe you can be the first to call up ASN and ask, and share with us?

waiting patiently dividend announcement

pls 5.5% ++

This post has been edited by foofoosasa: Aug 30 2019, 12:02 PM

Has anyone tried the EFP investment to ASM2/3 funds? Can I get your thoughts about this EPF invesment to ASM?

I doubt that lol. But still keeping my hopes.

No.

1. EPF dividend rate is higher than ASM.
2. Mostly bumiputeras and bumiputeris are doing this because ASBx's rates WERE higher than EPF.

Wow, I finally got up to speed in this forum after 2 months away for work. Took me 2 weeks to scan through. Almost thought I lost a 'home' when it went to kopitiam section, but syukur TS allow to go back up into Finance section again.

Sifu @Hyelbaine where are you

Hmm, already half of day gone still no news of ASM2 yet, kan cheong kan cheong!
Only started keying catcha pass couple of days, really no fish. Just want to balance out my ASM.

And come back suddenly got switching and transfer option at myASNB, nice! If only you came earlier I didn't have to go counter spend
time to do it for my kids, nevermind better late than never.

Pray Pray for more than 5.5%

Only recent year EPF is higher, previous history majority is lower