With the switch from fd to as1m, my returns more than double, n didnt have to look out for better fd rate n running around crazily switching fd. Never use fd after that.
Drawback is once funds parked in ASMx, very reluctant to switch to other investment. I started switching fr ASM3 to Epf few years ago, so far so good.

Is it worth to take loan which interest is high currently n invest in ASBx which gives low return?
One shot 100k in ASBx, looks like many rich bumi.

This post has been edited by MGM: Apr 1 2023, 08:57 PM

Showing their entitled behavior, ASB can be bought with ease n already paying higher than all ASMx, now want assurance returns > loan (aka free money)? But many took advantage of this n made money using banks money.

Labour Day can buy meh?

Dont think so lah, that time 1MDB already nama busuk?

AS1M was launched in 2009, that was the time it was not well received n I was 1 of those who bought a lot. Many years later even in 2017 AS1M was already in high demand after it has been paying better returns than epf until 2017.

This post has been edited by MGM: Apr 11 2023, 06:41 PM

So u all believe AS1M is different n lousier than ASM1 & ASM2 just because of 1M eventhough it has given returns as good as ASM1&2? And they relate AS1M to 1MDB, unbelievable.
Can someone confirm whether all the ASMx r basically invested in the same investment?

This post has been edited by MGM: Apr 11 2023, 07:26 PM

Assuming that the ave fd rate of 3.0% for the same 13 years, FD would have generated a compounded returns of 47%.
Assuming that the ave fd rate of 3.5% for the same 13 years, FD would have generated a compounded returns of 57%.
Assuming that the ave fd rate of 4.0% for the same 13 years, FD would have generated a compounded returns of 67%.
Luckily i didnt listen to the naysayers and dumped all fd into AS1M when few people wanted it.
To me no significant diff btw all 3 ASMx, n thankfully to some who think that ASM3/AS1m is linked to 1MDB.

This post has been edited by MGM: Apr 12 2023, 06:51 AM

WTA how can a B40 bumi obtain the max loan of rm300k for ASB?

If switching can be completed in the same day, then 1st day of the month.

Transfer in cash instead of ASMx units. If beneficiaries r noob in investing or too young better to have ASMx.

Sorry i was replying to "Got 'free' nomination unlike ASM some more"

In your demise EPF will transfer in cash to the beneficiaries whereas Asnb will transfer ASMx units. If beneficiaries r noob in investing or too young better to have ASMx.

If ASMx continues to perform badly as of now, then it is about time to switch.
Previously like b4 2017 it performed commendably, even better than epf.

Uturn pulak, no better investment, what about epf?

U still young? tot u >50yo.

So confirm not allowed to do switching Asm2&3 with newly launching Asm1 units?

Actually if both methods can only be done on 2May, then have to lose ~rm400 dividend.

I din say i wanted to switch, just want more people to know, boleh tak?

Ok understand now but wow u ditched ASM3 because of 1MDB? So smart.

I wont switch between ASMx for a mere 0.25%, been transfering to EPF 60k/year for the last few years getting extra 1 to 2%.