Kena also no use, unless the bank allow me overdraft

this year Sept 1 is Sunday and also Awal Muharram holiday. Replacement holiday on Monday. 1 month dividend gone already when buy in Sept.

Just invest whenever you got the time and ignore the dividend date. It was only one month dividend of fresh investment, which I think usually not more than 5% of total investment (could be <1% for some)...

then buy before ASNB suspend the fund for dividend calculation

easy & simple solution. only problem do have available units

haha. whine a bit can kah? I thought we always try to minimize loss and maximize profit mah. Losing 1 month dividend at 4.5% (assuming they will declare this) will bring me same level as promotional FD.

ahahahah. FD mature during suspension. Most probably I'll just realize the 1 month "loss" and buy in Sept. Sementara stok masih ada.

Will try ask friends n family help to roll them funds before suspension loh.

This post has been edited by beLIEve: Jul 4 2019, 10:43 PM

ooh to bad


yup. try family for help first.. tell them when my FD mature. I pay back lor
last time when mega sales.. ask help here & there.. lucky that time have few hours to buy

now the biggest question. I wonder if ASM2 would give same dividend rate as ASM1 or lower?

Actually, it's easier for me to leech from friends than family. Last month before payday I already leeched some so that I don't have to rush buying towards Jul 1.

oh i didn't know you also sought help everywhere for the big sale woh. I thought you're well prepared for any sales.

With ASB3 (despite being a growth fund) this low, I do have some doubts. So I'm looking at ~4.8% loh.

This post has been edited by beLIEve: Jul 4 2019, 10:58 PM

heheheh.. friends forever

huhuhuh... u think I have endless $$$ laying around.... sometimes needed others help to top up too.. later payback them all gentleman agreement u help me now, later I help u if u in trouble


4.8%? wow... even lower than my target

友誼永在 mah

I thought your money supply all prepared for any unexpected sales. Like that OCBC thingy. Once sale, just cash out and buy.

Haha surprisingly, these friends never borrowed from me. Or maybe 1 did. If they reach the stage having to borrow from me, I don't think they can help me monetarily wise.

I don't expect non-bumi funds to give dividend higher than bumi funds loh. 天地不容 ah. Too bad no more dividend before ASM2. If got, then can use as reference since ASB3 is odd one out.

so quiet today. anyone catched lobster and sharkfin?

ikan bilis saja

Hi guys, would like to know if my simple calculations are correct.

I am about to take a fully flexi loan on a subsale house. Interest rates are about 4.2%.

Given that ASM1 gives 5.5% dividend and assuming it doesn't change next year, would it be more worth it to put any extra funds I have every month into ASM1 instead of paying extra for my housing loan besides what I'm required to every month?

Is it safe to assume that i would gain 5.5%-4.2% = 1.3%?

Is there any other things I have to take into account?

Thanks in advance!!

okok, don't want distract you. good luck bro!

Your calculation sounds correct to me. If there's anything unexpected like Asian Financial Crisis where interest rates soar to 2 digits, cash out and dump into the flexi loan account.

your challenge is probably to buy the ASM*.

for every 100k, the difference is 1300 per annum. you decide worthwhile or not.

This post has been edited by beLIEve: Jul 5 2019, 03:36 PM

No. it is not safe to assume.

reason:
1. bank flexi loan is calculate on the remaining balance now ie 500K @ 4.2%
2. from all the post above, you might know it is difficult to buy ASNB unit (unless you are Bumi, then might be easier to max up ASB). eg. if you are full time catcha-ing maybe can get RM100K for month 1, then ASNB distribution will be RM100K @ 5.5% @ 11mths
3. How about the balance RM400K? put at FD for 3%~4% while getting the ASNB unit ?

this is my own thought.

ahhh you're right. the exact gain is probably half of 5.5%-4.2% only assuming that everything else is good.

sorry.. newbie. just want to ask.. anythings that is still available for purchase for non bumi? last time hold 100 unit in amanah saham malaysia 3.

All 3 Amanah Saham Malaysia 1, 2, and 3 are available for nonbumi. It's just a matter of how much efforts are you willing to put in to buy them. Have to wait for people to sell and fight with many who keeps trying to buy.

Best is to sign up for MyASNB online and try buy yourself.

thanks for the info. will go to register for myasnb next monday

You are welcome. I think you can try sign up anytime as long as your phone is registered with them. Might need your ASN account number when you sign up.

haha. i tried aldy. so far the phone number is empty to sent the TAC. so need to go their office to update the details.