someone mentioned use the secure device that self generate that code....

example....
https://www.pbebank.com/Personal-Banking/FA...SecureSign.aspx

This post has been edited by yklooi: Aug 27 2019, 05:37 PM

yes to both and also as long as RM 1 buy, RM 1 Sell.

that will be incentives enough for many investors to buy and hold and continue to buy....

what is incentive for them (PNB) to perform better?
well, i guess as long as "Sold out" and the number of CAPTCHA collected daily by their system is still high....that is good enough for them to NOT take the extra Risks of investing for a better performance.
and also for whatever extra they earned will also be placed in "invisible" accounts as reserves as usual

those that wanted a higher returns expectation and complaining about PNB keeps lowering the dividen rates can go look for other form of investment vehicles....for i think PNB does not care as i am sure those Money Market Fund managers will be very willing to absorbs that into their MMF portfolios if those units from investors are made available to them.

what else do investors like us can do if not happy about it?...... go to their AGM to complain? buy less? or sell all as a form of protest?

some had been telling that they are HAPPY with just 5% due to the performance of the stock market
some had been telling that they are NOT Happy with just 5% due to the performance of the stock market
did anyone did a tally of how related the stock market performance are to this asnb dividend rates?
like see how the historical klse performed vs the dividend rate given?

I just did a quick take on this KLCI performance thing.....
this is not a complete representation of the results of this ASNB things for many are unknown and many other factors are not included too...

hopefully this can be a better idea to start a estimation data to be a kind of supportive statement when saying "Happy/not happy/OK lah" with the given rates

this site can get the data of this KLSE performance from Dec 93.
(just select MAX, then move the cursor to the date required to get the start/end index value)
https://finance.yahoo.com/quote/%5EKLSE?p=%5EKLSE

historical ASW2 rates
http://www.misterleaf.com/10346/amanah-sah...awasan-divided/

KLCI 5 & 10 Year Historical Returns
https://mypf.my/2015/01/14/klci-5-10-year-h...orical-returns/

a rough and quick look from it.....
i think, if I have the money i will still put money in it as a form of diversification under the FI portion, under MYR category of my portfolio.....just like my EPF, FD and SSPN
let it built and accumulate slowly but surely....but hopefully the MYR would not depreciates its buying power too much by the time i needed it.





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yes, I know....I think it has no much relation to how the market performance....they are just for them to manage expectation or despair
Unless it crashed and stayed stagnant for a number of years...

for now, I will still go with the below....(+/- of course)

why "think of other solution. Or get ready now" when the intention of the investors are as per below?

just my gut feel and I could be wrong too....
Dividend of ASNB FP funds would never falls below the interest rate charged for its loans......

This post has been edited by yklooi: Sep 6 2019, 09:41 AM

if sell off the available units at 5% profits....will it be sort of killed the gold egg laying goose?
1 time profits of 5% but lose the opportunity to have risk free and yearly get 6% ROI, while searching high and low for no risk and 6% pa ROI investment vehicle

I think that transfer form also did not stated the "unrelated" person criteria.

YES, with abit of extra profit too

employing people for that 5% profits?
getting 1K is already not easy,
the UNITS you sold are actually transferred, thus not on sale in the market

This post has been edited by yklooi: Sep 21 2019, 11:05 PM

selling and reselling is not authorised....thus not legal
transferring is not legal?

so the point is legal then

Transfer between ASNB funds involves two different Unit Holders of the same fund.
For instance, Unit holder A would like to transfer 100 units of ASB to ASB Account Unit holder B.

For fund(s) that has/have been registered under Hibah Amanah, the provision in the Hibah Amanah’s contract applies ie the amount blocked as Hibah Amanah cannot be switched/transferred.

What are the procedures to apply for transfer and switching between ASNB funds?
Unit Holders are advised to fill in the following form:
Borang Pemindahan dan Penukaran Unit (ASNB TS)

Can the transfer and switching facility between ASNB funds be performed online through myASNB portal?
Not available yet.

http://www.asnb.com.my/asnbv2_5faq_EN.php

This post has been edited by yklooi: Sep 22 2019, 12:34 AM

I read this discussion with curiosity.....

will there be a trigger point where "many" would sell?
will "less than FD + 1% " be the trigger?
will/has ASNB use the actuarial experts to do the maths and use the phycological and behavioral science to determine the outcome, then set a base line?

many had already mentioned that it will never be less than the ASB loan rate.....but will loan rate + 1% keeps to herds in line?

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.....

taking this RM500 in ASM vs in FD
you will gain 2%pa in ASM than in FD

2% of 500 is RM10 extra gain in a year
RM10 in 365 days is 0.027 sen/day
0.027 sen/24 hrs = 0.0011/hr

if 3hrs work to do captcha ......0.0011/hr x 3 = RM 0.0033 gain for a 3 hrs work in a year per year

I think it depends on the amount of money to be "switched"
if only RM10000 then if premium is 1%, then only RM100 extra untung...
for the trouble, cost of transportation and the inconveniences and the Risk that may be involved....

then,
as more people realise it's more easier to buy then before, they will try to buy more frequently. hence overtime, it will not be easy to buy again.....my fear.

One should be more worried if he/she missed the opportunities when the time comes, if he/she did not try the captcha routines like others NOW
for by the time he/she realised that there are many units available it may have been gone already

then have to do the captcha now and daily to know if it had cometh

i think just few weeks ago, there was a forummer wanted to sell his software that do auto captcha here...
now they just "killed" his business.