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Ultimate Discussions of ASNB Fixed Price UT, Magical UT only in Malaysia
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kkk8787
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Aug 18 2023, 10:31 AM
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QUOTE(nexona88 @ Aug 18 2023, 10:07 AM) If I remember correctly.. Those $$$ from CC in ewallet cannot be used to topup ASNB funds... Got some error... Need to use"own money" from CASA into ewallet... Then only can top up using ewallet method... Also there's limit on units can be bought too... Not forgetting the operation timing (after 4pm cannot anymore) So best is still directly on app Over the counter any idea whatโs the free gift So far I go always recycle bags only The managed keep apologising but still bad gifts
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kkk8787
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Aug 19 2023, 01:26 PM
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QUOTE(Wolves @ Aug 19 2023, 01:22 PM) At my age.. You either accepted death or fight against it. There is nothing scary about death. It is actually a liberation from suffering. When you are dead... That's it. No more struggling and facing idiots of the world. Peaceful long rest without worry nor suffering... Embrace death.. thou shall be liberated... In this life.. Only two things are guaranteed to you.. you are born... And you will die.. nothing else is guranteed.. so why fight against death? Embrace it... It is guranteed to come.. there is nothing you can do against it. Come... Embrace death...... 12 more days to go... Yay!! I can smell it... 4.75% or more... Come to papa... Historically it is lower than ASM isnโt it ASM was 4.5
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kkk8787
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Aug 19 2023, 02:47 PM
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QUOTE(Wolves @ Aug 19 2023, 02:28 PM) Historically... But it is not absolute. There are years asm2 higher than asm1. Historically asb 1 higher than asb2.. the last one which one higher? ๐ there is nothing that is absolute in this world. Tax not guranteed. I haven't paid any tax past decade. And you don't pay taxes when you are a kid or when you fully retired. So tax is not guranteed. Some rich kids no pay taxes. Some country like Brunei and saudi don't really have taxes.. so it is not guranteed. Zaman batu millions of years ago also no taxes.. ๐ Historically has ASM dividend being lower than 12 months FD before? I hope not
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kkk8787
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Aug 19 2023, 05:58 PM
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QUOTE(!@#$%^ @ Aug 19 2023, 03:09 PM) benchmark is maybank 12m board rate I assume they always refer to maybank 12m n just add 1-2 to it
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kkk8787
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Aug 19 2023, 05:59 PM
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QUOTE(nexona88 @ Aug 19 2023, 05:53 PM) Yes. During late late 90" Long time ago... Won't repeat again for sure unless the fund manager really did bad jobs in investment strategies & decisions ๐ By right if itโs a true reflection of fund performance I donโt know how they managed to give dividends during mco periods
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kkk8787
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Aug 21 2023, 12:15 PM
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QUOTE(romuluz777 @ Aug 21 2023, 12:12 PM) But withdraw to bank account unlimited right
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kkk8787
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Aug 21 2023, 03:07 PM
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After I dumped some funds into asnb recently I keep getting scam calls Coincidence ?
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kkk8787
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Aug 21 2023, 05:00 PM
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QUOTE(nexona88 @ Aug 21 2023, 03:34 PM) Did both
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kkk8787
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Aug 23 2023, 12:58 PM
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QUOTE(CPURanger @ Aug 23 2023, 12:28 PM) Can boss. I tried it. Need ASNB and Boost app on same phone. Use Boost to pay for ASNB. However Boost top up from CC is RM 2K without interest, I think. More than that kena interest. Did you notice payment by FPX or Boost on ASNB phone app ?  I thought someone mentioned If u Reid boost using credit card, canโt buy asnb? Will be blocked
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kkk8787
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Aug 25 2023, 09:11 PM
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How is the dividend calculated for ASM actually. Letโs say I bank in for only the month of august and withdraw does that mean I donโt get any interest at all? What about if 2 weeks only
Hypothetical question not like Iโm withdrawing
This post has been edited by kkk8787: Aug 25 2023, 09:12 PM
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kkk8787
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Aug 25 2023, 10:01 PM
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QUOTE(poweredbydiscuz @ Aug 25 2023, 09:48 PM) If you bank in and withdraw on the same month, you won't get interest for it because they use the lowest balance of that month to calculate the interest. Lowest balance of that month . I assume starting from 1st to 31st? Also if u get for 1 month I assume they prorate 1/12 of annual interest? This post has been edited by kkk8787: Aug 25 2023, 10:02 PM
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kkk8787
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Aug 25 2023, 10:35 PM
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QUOTE(MattSally @ Aug 25 2023, 10:08 PM) A simple example is probably the best way to explain it. Let us say you have RM10k invested at the start of the year and you make no deposits or withdrawals until the middle of the 7th month, when you withdraw RM5k. You then make no further deposits or withdrawals and at the end of the year a dividend of 5% is declared. You will get: 10k x 5% (dividend) x 6/12 (number of complete months that 10k was in the account) + 5k x 5% (dividend) x 6/12 (number of complete months that lowest balance was 5k). Wow I got it thanks man. So best time to put in is last day of the month actually ahaba
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kkk8787
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Aug 25 2023, 11:31 PM
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QUOTE(MattSally @ Aug 25 2023, 11:04 PM) Almost. For some reason, if the money is deposited on the first of the month they do count that as valid towards a full month. The. I made a mistake Hoot my extra 300k on 2nd week
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kkk8787
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Aug 26 2023, 06:16 AM
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QUOTE(MattSally @ Aug 25 2023, 11:46 PM) Yes, but, (assuming 5% dividend) you have 'only' lost 300k x5% x1/12 = RM1250.00! And you have secured the units. Had you waited until the first of the following month they may not have been available. Only 1150 ouch Those funds were sitting in versa before this
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kkk8787
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Aug 26 2023, 02:19 PM
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QUOTE(MattSally @ Aug 26 2023, 08:55 AM) Sorry to rub it in, but 1250.00 Gosh I din know was that much
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kkk8787
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Aug 26 2023, 03:26 PM
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QUOTE(MattSally @ Aug 26 2023, 02:47 PM) 300k x 5% = 15k. 15k/12 = 1250 Pain le how
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kkk8787
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Aug 29 2023, 06:44 PM
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QUOTE(Lembu Goreng @ Aug 29 2023, 01:36 PM) While waiting for the news, hope you folks find these useful:   Superb job mate Will be even better to have average FD rate over that same period for comparison
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kkk8787
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Aug 29 2023, 09:55 PM
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QUOTE(nexona88 @ Aug 29 2023, 09:32 PM) Interesting ๐ค Gamble is quite high... If one have the financial... Can try to play around with Lira.... Not everyone have the heart strength ๐ Anyway Tomorrow is the day we all looking forward to ๐ฅ๐๐ 4.5% or 4% Counting the hours 4.75
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kkk8787
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Aug 30 2023, 06:46 AM
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QUOTE(MGM @ Aug 30 2023, 05:22 AM) Has the new 5 billion units of ASM been fully taken up? Not yet I wonder how much left
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kkk8787
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Aug 30 2023, 08:30 AM
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QUOTE(MGM @ Aug 30 2023, 08:27 AM) Thanks, tomorrow going to use up my CASA funds to buy ASM using myasnb app. I have maxed mine so canโt check anymore
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