got 2 ikan bilis from today's captha spamming. time to go catch a bus home now. bye guys 

anything higher than the 3-4% rate is from trading on KLSE and dividends.

Permodalan Nasional Bhd. 2,147,483,647 37.0%
Sapura Holdings Sdn. Bhd. 1,732,725,035 10.8%

10.8% = 1,732,725,035

How can 37% be 2,147,483,647
normally they round up a bit for you if earnings too low.

I think ASM1 higher because its FY ended before Trade War intensified. So the ASM2 and ASM3 kena first, next year ASM1 only kena.

Why sell a higher liquidity and yielding investment to invest in lower liquidity and yielding investment?
In asnb (asb123 & asm123), ur capital is fixed.

No investment is capital guaranteed. The only thing that is capital guaranteed, to the best of my knowledge, is EPF - guaranteed by the government of 1Malaysia. FD rely on PIDM for capital guarantee if the bank collapses. It's unproven if PIDM is able to pay billions of deposit should a bank collapses.

What they're trying to say is, the price of the fund is fixed. The day you want to cash out, you still sell at $1 per unit. There is also no commission involved. Accumulated pro-rated dividend will be paid at the end of the financial year.

Your friend is not wrong. But due to current economic situation, ASMx earnings also affected. Yeah can pay for a whole house. Pay for bungalow also can. It just depends on how much of initial capital you have to dump in to ASM. 1MYR 100 million will earn you about 5 million a year. Should be enough for an average bungalow.

is 5% interest, i download the penyata account of my infant and find out actually on 1 oct 2018 i still topping up some amount so is consider full year interest, the rest amount topping on 2 oct up was consider 11 months interest and i manage get the 5% rate interest   

All gov linked fund (EPF, TH, LTAT, ASB,ASN) are operated as ponzi scheme.  This is well known.  That explained the consistent high dividend payout.

year 2009,
Malaysia FD rate was 2.08%,
ASB dividend rate was 7.3 + 1.55%
EPF was 5.65%

https://www.indexmundi.com/facts/malaysia/d...t-interest-rate
https://1-million-dollar-blog.com/dividends...ham-bumiputera/
https://1-million-dollar-blog.com/dividends...rovident-funds/

ASNB FP funds has been known to have cumulation of funds for raining days.....
historically those FP funds has little correlation to KLCI index

why still no people want to sell?

Want to ask

Wife make 200k asb loan in may this year

So lets say the amount dividend is around 6k(may to december)

By next year, can the 6k liquidified anytime she want? Meaning can she withdraw the 6k anytime she wants?

Initially she want to take out the dividend to put aside as emergency funds, but I tell her (as far as I know) she can withdraw the dividend anytime she wants in post office or asnb branch as long as not touching the 200k.

so are u the educated one ?

yes,...but what is the % when "many" will say....that is enough, will dump tomorrow.......
if that happens,....it will have a spiral effects on the local markets.....

ASM 1, 2 or 3 comes from the same fund manager.. only difference is the portfolio & entry cost... But u can see that normally all 3 fund have almost same dividend rate.....

So just buy whichever is available... From time to time.. do some minor adjustments to make the pie looks nice (OCD 🤣)

His 2nd time as PM no need make another 2 fund ah?

Yes ASM will offer higher dividend than 2 & 3.
Because they are the one offered with bundle VP. So to attract customers they must higher than 2 & 3.
So if you focus on ASM only that's the best choice.

wait for by election sale?
they assign a couple of Relation Manager to help you buy ASN funds.

nexona88
you still haven't receive your Premier ah? really 長江後浪推前浪 loh

So, they neglected you even that you have >1m?

yup. I did discourage a sister of mom's friend from switching from FD to ASN. Few thousand capital, age 80+. If she goes pay for the ASN will, probably not much extra she can make vs promo FD.

Sometimes, spending less is better than earning more.

I think your $0.0033 is the cost for 3 hours no? to me it's 3 hours work for an extra $10 a year.

Beggar still have the right to choose if they're given a choice.
ASM is the best choice

ASB loan is loan from bank 200k, then put inside ASB.
The the bank will ask PNB to make the 200k into a sijil and bank will hold the sijil as collateral.
Then the divident from every year, you can use urself.
And as you are paying monthly loans to the banks, your 200k loan will slowly reduce the principle.

So, when terminate the loan, bank will use the sijil (200k) and deduct ur balance principle and return you the nett.
annual divident and the balance when terminate the loan is pure cash.

As long as can tahan the monthly installment, i dun see why dun take the 200k ASB loan.

i think they do not understand how the thing work, that most of them choose not to use this advantage.