QUOTE(bo7ons @ Aug 13 2019, 09:17 AM)
hey guys i'm pretty ignorant about ASB although i already have 100k+ in it
1. let's say i have 200k in ASB1 and if dividen 7% then i get RM14,000 profit? So is it ok to withdraw 14,000? I heard that withdrawing is actually selling shares/principle, so I'll be selling 14,000 units? But in practice I don't see the difference? Since RM1=1 unit anyway. If my unit/shares become 0, but the leftover is the dividen (e.g 14k) then what happens?
2. Also I see a lot of people having trouble buying shares in this thread, then that means I should be careful or 'withdrawing'/selling my shares for funds? Last time i bought shares using a borang in Maybank (was pretty smooth), does that have same problems of buying shares online? Since i read that people are holding onto their shares nowadays. (also that means there is a finite amount of shares out there for ASB??)
3. Can i treat my ASB like a savings account? Since last time to i went to Maybank and withdraw was almost instant like savings, or is it a bad idea?
4. Should i prioritize ASB, ASB2, TH, etc.. before moving to Fixed deposits, stocks, etc? Seems like ASB is extremely safe investment, but I don't mind investing to slightly higher risks in the future.
yup i'm pretty dumb, but have to start somewhere right

1. Yes, RM 14k is your profit. You can withdraw but suggest to keep as ASB limit is 200k if not mistake, but can goes up to unlimited if you don't withdraw and let it roll.
2. That's for ASM123, and sometimes ASB2. For ASB, you won't have any trouble to top up it up to 200k.
3. Yes, you can treat it as saving account.
4. Yes, max out ASB, and subsequently ASB2 first before thinking other investment. For TH, I am not sure due to recent case.