That was sooooo fast.

wah 1.9% now

You know how sales mlm people work? Positive energy, running out fast

Which method, face-to-face or online?

why kena report? this is kopitiam. lol

aiya, few hundred bucks 'profit' only. think so free meh taxmen.

But frequent 5 digits in and out on personal bank account. And who cares about how much profits, freeze first and investigate later.

unless it's cash. otherwise got paper trail back to the origin. not so simple as to freeze first and investigate later really. everything got to follow the rule of law. also depends, if daily 30k in from random ppl, then it may raise suspicion from the bank side. how many ppl selling that much daily, i don't know but at least on this thread, it's not that frequent.

u still keep this card? i dont even know where mine is. i dont even bother. and one day a cute chick whatsapped me

i am like... WTF? then she called me using branch office land line so she say i can verify she is legit. oh well, at first i was like meh

but she did help me few times liao, so ayam giving her some praises

damn sure. cos its in the forum rules, its just that i have been very relaxed with it. but somehow, someone made me overthink

so i am 

edit: to just show how serious i am, i will be closing this thread and re-open a new one at the finance forum

promoting or advertising there will cause some mods to terus give free warn. not me.

if you really doesn't like what i comment here you can ban me. but before ban me tell everybody what wrong i doing, no need to say someone here , people challenging the big boss lah, we know you are the big boss here.

hmmm

I am 58, British, just been made redundant and married to a Malaysian. We also have a 4 year old Malaysian daughter. EPF not really an option for me. Possibly my wife though. By far our biggest expenses will be education and private health insurance. Thankfully, we have cleared the mortgage on our condo.

I had a decent career to age 58 so, yes, we were able to put quite a bit into my wife's ASB/ASM accounts. When the returns were 6+% we were very happy but now they look to be around 4% we can live off the interest but no provision for a hedge against inflation. My UK State Pension does not pay out until I am 67 and may be delayed further. It is not a huge amount either and, because I will be living outside UK, will not get annual inflationary increases like it would if I was in UK.

In short, if returns don't recover to around 5% in the next couple of years I am going to have to get another job and that will have to be outside Malaysia as it is a condition of my MM2H visa that I do not work in Malaysia. I could transfer to a LTSVP visa if necessary of course.

Until we have got ourselves established in Malaysia we will not really know exactly how much we need to live. We obviously have an idea but we will only know how accurate it is in a few months. We are quite happy to sit on the balcony with a coffee and watch the sun go down. We don't need the flashy cars etc but we obviously want to provide a good upbringing for our daughter.

At least life isn't boring!

Just take these prediction with tons of salt, they tembak only n when right got chance to brag only.

This is for certain, given PNB's heavy reliance on dividend income, especially since last year. (ASB's dividend income account for the lion's share of the investment return). No idea if they changed their investment strategy this year though, especially back in March. We can only know from next year's annual report, or from intermittent press releases.
2021 interest depends on performance expected for that year and in the coming year (2022). I don't have any magic crystal ball with me, so I don't know what will happen in 2021 and 2022. It certainly depends on how well the pandemic is under control, given Malaysia is an open economy and trade + travel plays an important role.

For ASNB investors, one plus point to note is the international diversification efforts pushed by their management a few years back. As international portfolio increase from 10% last year to 30% in the near future, one can expect less correlation with local stocks performance, which is a good thing (for me of course, may be a bad thing if you have a different political/economical opinion).

That said, 70% of portfolio will still be in Malaysia, referring to manager's guidance. Let's say 30% of overall portfolio is in fixed-income and cash assets (the usual case), that means still close to 50% (0.7 * 0.7 = 0.49) of overall portfolio is held in GLCs in Malaysia (and "junks" like Sapura Energy ). So, how well GLCs performance can have a huge say on the returns in the coming years.

Another thing to note is the unique 2-tier structure in ASNB-PNB family. PNB has its own proprietary fund, separated from the rest of ASNB unit holder's fund. So, if the ASNB funds don't perform well, PNB's proprietary fund's return can be utilized to "top-up" the distributions to ASNB's funds. (Not sure if many ASNB unit holders know this, as this is hardly mentioned here). I also believe ASNB's "retained earnings" from the past is about to dry-up soon or somewhere close to there, that's why the spread between the return vs FD-rates are closing in quicker than ever before. They have very limited alpha left, if GLCs keep performing poorly.

Anyway, investment is always forward-looking, not backward-looking. We talk about outlooks.

Finance 101: Past performance is not an indicator of future results

Yes!!! Money is in, confirmed. ASW 2 500 units this morning at 8:33.

Let me try again, see if lady luck is on my side.

Can kindly elaborate? means its harder to withdraw in times needed?

Hey guys the rm500 max that ASB allow to withdraw through myasnb, that function no more already???

CIMB always got issues...
Better have another backup bank...

Did anyone manage to get ASW? get none since yesterday

Sorry my bad. Thanks.

Keep getting this error when buying ASM:  This transaction has been rejected. Kindly contact ASNB Customer Service Centre 03 – 7730 8899 for further information [100].

ASM2 and 3 are showing "insufficient funds" as usual. Anyone else getting this same message?