Equally bad la. My i-saraan still nothing... My tutup account majikan still nothing.. 3 days liao.. still nothing..i mean.. How hard is it to approve an application? How hard is it to click click click verify all account paid and no owing and close and print email send to me? 3 days? 2 x 5 and 5 x 2 la... A bit pissed right now. At least asm 1st of month all dividend in. Open account is on the spot. Put in money terus dapat if got unit. Close account also on the spot. Do what also on the spot. Dunno speak English? Nvm.. ada malay. If you ask me.. asnb a lot better as everything on the spot. Got mistake also less than 24 hours realize. Kwsp? Once upon a time THEY make a mistake coz kwsp is suppose to pay one month behind. May pay april's salary. I used to pay extra one month coz i may pay may's salary. They call me in say i need to "stop" one month coz i pay forward. Lucky ask for letter. 5 years down the road.. suddenly got called and say i missed one month. Check check check... They made a mistake coz i was actually on time every time and they found out that one month ask me withold actually wrong. Still blame me make mistake until i found the letter and then only say maybe something wrong with "system" but i need to pay 5 years penalty for late payment. 5 years only "found" mistake. I ask why no realize upon first month late? You know what they say? They only audit once a while. So they dunno until found out by accident. Tapi mesti bayar lo tiap tiap bulan lewat walaupun bukan salah majikan.... Wth? That's why la... At least asnb on the spot realize. Kwsp? Worse.. just look at my application. 3 days both still hanging. Now dunno to pay through majikan or what... And why bulan may bayar gaji bulan april? Why so special? Anybody can tell me why? No reason. Sigh...

Asm3 not need scare. Usually last longer.

This post has been edited by Wolves: May 19 2023, 10:53 AM

Later asm2 and asm3 give 5% see how you jump up and down. 😂

Need 5% or higher. If not he won't feel the heartache. 😂 He moved from asm 3 to asm 1 sacrificing 1 month interest. If it's 4.5% he only feel the pain of one month interest. If it's 5% or 5.5% then he moved from higher to lower + lost one month dividend

That was "hopeful". 😂 Let's just hope he is right.

0.5% only. Still ok. So far he predicted closest to the target everybody says 4% and below. 😂 Can la can la..

Historical data does not predict future gains... Saw this warning before? 😂 Plus historically it happened before. If it happened before then it can happen again. Don't rule it out. I for one thinks it could be higher than 4.5% for asm2 and asm 3 coming soon.

Ini i tak setuju.

Base on historical data.. check this link historical asm dividend rate

2002, 2006, 2009, 2010, 2011, 2012 and 2013 asm 2 beat asm 1 in interest rate given. Any other question?

And yes i agree about the current very uncertainty of economy turmoil in US. However it haven't happened yet and the effects don't know when arrive to Malaysia. All i know is 31st august 2023 is 3 months and 9 days away or 101 days away. Today consider gone so 100 more days. If we can survive until then.. Then the higher opr rate which asm failed to take advantage off will mean asm 2 should do slightly better if there is equal tampering. So we have a chance. Higher opr = higher FD = asm2 should get more cash to give out.

This post has been edited by Wolves: May 22 2023, 04:38 PM

After much issue and hiatus and sengsara.. today finally masuk liao. It deducts the self contribution part as well so the limit for i-saraan = self contribution. Therefore not unlimited. Kwsp treat i-saraan same as self contribution with only difference of 15% (this year) gov matching contributions. I read somewhere there give two times a year so i cannot check until after June. Apparently they accumulate jan to june and give at July one time and July to December and give jan next year one time. Wait and see lo.

I also hope i am right and i technically should be right. 😂

It depends on what you mean by compounding interest. If you mean daily then no. If you mean monthly then no. If you mean yearly compounding then yes. 😂 Compounding is good but it also depends on the rate. For example KDI is daily compounding but the rate is 3.5% EAR. That equals to daily 3.44% compounding annualized. Does it beat asm 4.5% per annum? Nope!

It is count using monthly lowest value. Whatever the lowest value of that month is used (except 1st of the month) and it is monthly calculation.

I already asked this question when i close my employer kwsp account. I asked "can i have both employer and i-saraan?" The answer is no. You must choose one and only one. I also asked if i have part time? They said no. Still cannot open i-saraan if you have a full time job or even a part time job. As long as you got caruman, you cannot have i-saraan. It's one or the other. Cannot have both. If you opt for caruman as employee, whatever you do with i-saraan will not count. It will only count as self contribution.

They will check with perkeso and lhdn. So no. You need to have a company that is not sdn bhd first. I was hoping they are not smart too but nexona burst my bubble she say they got check one.. sigh..

Someone bought 100k~~ ding ding ding~~ we have a 100k buyer here~~

Alternatively before kick the bucket you can transfer with rm15 to whoever you want. 😂

First you say asmx bad bad.. now you say asmx no much risk.. mbb still low risk also what...

Explain point 6... Why fund is "burning" money? In what way is it burning?

Now only notice ah? She has been very very very hardworking in scaring ppl away from asmx fund since i reappear.. 😂 any chance possible will poke asmx fund with a hot iron rod then say she didn't.. 😂

*Flip table*

You made me download and read the bloody thing and wasted 45 minutes and lots of headache! It's totally different from what you said la boss!

They still taking the management fee and so on. It's just that the "cost" of management "outside" got reduced coz they got government exemptions. Therefore "we" get more income from it. And the cost of exchange rate this year we "earn" more rather than losses as last year coz they do "fewer" trade and conversion and the conversion rate is in our advantage. Surprisingly this year no injection from pnb but they "took" slightly more from previous earnings compare to last year (a bit more only) and still manage to give more dividend. Actually all good news so far coz without pnb injection we still can get so much. It's actually not bad (a few parts are a bit worrying but it's unrealized so can wait). Basically the income (dividend and interest) has increased coz of better opr rate and so on. It's actually not that bad. Sheesh...

This post has been edited by Wolves: Jun 6 2023, 03:52 PM

Another round 4.5% or higher is possible base on the ones they sing song praise sun and so on. However, as i said earlier.. there are still some hidden stuff they trying to sweep under carpet which might come back to bite the bum bum...

You see.. they say dividend increase coz opr increase and hence same amount money, you get more dividend. Then the msg part also more yield.. Then corporate bonds also yield more.. then 50 mil in 3 months or below gov bonds and so on.. all those yield more last year therefore increase dividends and this will yield even more this year coz there is already a hike and there could be another rate hike this year and then pause. So technically we get more coming years (which is good news for asm 2 and 3). However they do dip more into the previous earnings. Even if we say reduce hand dipping into previous money until 2022 year amount, we should maintain 4.5%.

the issue comes with the investment arm locally and internationally. Locally i think ok. Energy, finance and plantation mainly... If nothing crashes... Internationally is more of energy (like petroleum and gas)... Hmm.. then there is the issue of a certain losses in the balance sheet i dunno what it is about.. the unrealized one.. and seems like money going msg and gov thingy too.. if they can maintain those same as last year, then sure... We should be able to maintain 4.5% or more...

I think the website. Not the apps. Apps might not have the function yet.

What happens in August 1st? Asm2 dividend is 1st september...

Ah... No money until October... Btw.. did you realize kwsp self contribution have gone to 100k already? :X just notice it. Hmm... Nah... asm1 more important. Hopefully still got until October 1st ;p

This post has been edited by Wolves: Jun 7 2023, 11:35 PM

*Smack smack*

5% next year! You don't keep pulling down asm1 figure... Hmph~~

Asm 2, 4.8%!! Ok? Don't discount the rates 73 days to go! Chiong ah~ huat ah~~

That's why we need to trade with neighboring country and ta ge (big brother) using our own currency and not usd. China produces almost everything.. and recently found oil and gas at thier shore. So china is almost self sufficient so to speak. We can cut off US and europe so to speak and survive. And if we trade outside of USD we should minimized the effect. Just with our neighbors and China we should be able to be self sufficient technically. Anyway... Middle of june already.. yay~

This post has been edited by Wolves: Jun 16 2023, 06:28 PM