I don't think it is forbidden to post his stuff.. He actually also posted a new video with the title "This is better than asb?" (Very click-baity) which gives an interesting outlook but unfortunately i don't like the choice coz i old cow don't understand and don't dare. Go have a look if you are interested.

Sometimes it's not matter of will (you want or not as POTUS) vs reality (market forces). If the whole economy collapse and inflation 1000% and market crashes coz every investor left the country coz of war and inflation and collapse.. should POTUS print usd to oblivion? Had to or can or should is the qs.

I smell greed... Asm is not you want declare how much is how much one la. You need to see how the fund manager is doing and how much asset evaluation. If like what you say then all fund manager and unit trust must be fired lo. I am sure most if not all from 2022 still red or losing money lo. How to compare like that? Like that 12 months FD from oct 2022 how? Need to fire them or not? 😂 Don't like that la.. so if opr jatuh 0.5% we need to straight away reduce dividend even though we are at good position and earning more? Like that kira ah? 😂 cannot be what... But then again... I also want 5% asm2 dividend this year... 😂 who don't want extra money.. but realistic a bit la boss... Last year 3.75%.. so far only 2 x 0.25% increase in opr... Base on that max 4.25% bah.. correct or not? If you kira pakai opr la.. i still estimate 4.75% today coz fund went up overall from last year.. so... Dont pakai opr like that la boss.. its not FD.. its a "fund"..

Anyway.. 17 more days counting down~~

This post has been edited by Wolves: Aug 14 2023, 01:47 PM

True but not really true. It's the same as the 2 OPR hike after the 2022 dividend announcement.. if memory serves me right it was in November 2022 and may 2023? They also do not have a full year. So you cannot count that 0.5% as full year. This is what i call pull long add to short (Chinese proverbs) where it means you agak agak la.. ermmm.. roughly count la. It will never be a perfect count. It should be around 0.5% to 0.75% max effect.

Yes and no. Yes sometimes the mother company, PNB still donate some money. But asm1 2023 no donation from PNB. The donation can happen. But if you rely on it then it is not sustainable. Sometimes they got previous profit add on.. as usual that will depend on thier previous profit reserve. There is no such thing as a company (in this case a fund) that can print unlimited money without consequences. Be realistic. You earn 100 you pay out 150.. you sendiri think lo how long this deficit can last. Reasonable number should be around 4.5% to 4.8% la. Opr helps but asm2 not purely invest in bank interest leh. It have lots of other stuff and assets. The question is will all those gives us more than opr increase? Let's hope so.. 😂

This post has been edited by Wolves: Aug 14 2023, 10:39 PM

This one i also welcome but too far dreaming.. can hit and break 5% already aliluyah.. 😂 maybe next year gua if everything perform nicely.. a big if...

Today end liao.. 16 days to go...

*Prepares rotan".... Always put so low eh.. owe beat ah? Anyway... Any news on the kwsp i-saraan gov contribution? 😂

2 more weeks~~ 4.8% go go go~~

If asmx can give 6% there is no excuse kwsp cannot give 7%. If kwsp can give 7% there is no excuse asmx cannot give 8%.. if asmx can give 8% there is no excuse kwsp cannot give 9%. If kwsp can give 9% there is no excuse asmx cannot give 10%?

Kwsp is kwsp and asmx is asmx. They are different. This is like saying if older brother can get number 1 in class why the younger brother cannot? Same parents same living conditions bah. -.-" flawed arguement. Unless they are invested exactly the same and have same capital and same everything including fund manager, then they should be different. A lot of similarities but there are differences. How can you say kwsp should perform exactly the same as asmx? 😂

Why not just invest 10 billion and give everybody? Why so unfair? I protest! They have zakat and everything that ppl assist already.. Still wanna give more tongkat? Like that where is the incentives to do anything? Might as well be full time hardcore poor and lie there day and night. Protest protest! If wanna do.. Do for all.. not just selected ppl.

One month 2k. Don't care how you break it up. 2k from all funds combined. You can go 2k asm1 a month... 1k asm 1 and 1k asm2 a month. You can go 60 everyday from any one asm for 30 days.

When NAV is revised not to be 1unit=rm1 will be the day everybody withdraw and asm goes kaput..

I believe you are talking to me? 😂 and yes.. Good news for one "generally" good news for the other... Generally.. still same. It didn't mean the other will perform the same. It's like saying KLSE is up doesn't mean every stocks in bursa is up. We can expect better return than last year. But how much? Everybody's guess and no we cannot say up by similar amount as kwsp. It can beat them. It can be same. It can be worse than them. But "generally" up (or down) same as kwsp. The direction i mean. That's all.

Today end already... So.. 14 more days! 2 more weeks!!!

13 more days to go~~

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...

This post has been edited by Wolves: Aug 19 2023, 01:23 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? 😂 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.. 😂

This post has been edited by Wolves: Aug 19 2023, 02:30 PM

It does not matter if truecaller selling our numbers. The apps inform you in front who is calling and you can choose to ignore, report or pick it up. It's like a filter in front which acts as a barrier. Good enough... 😂

Maybe that's thier tactic. Find you when you most inconvenience so you would just say ok and they got thier confirmation. 😂

That's why don't have char siew pau kids lo.. pun intended... One reason why i don't want kids.. 😂 can retire faster.

Poor man life style.. 😂 that's my aim.. Hopefully can have slightly better but right now i try to have least expenses..

Right now i aim 1 mil in investable assets in asmx.. wife eat herself.. from start already told her.. car and house fully paid. No debt. No kids no other ppl need to take care.. Just myself.. and then FIRE.

This post has been edited by Wolves: Aug 22 2023, 02:24 PM

I think we might have dividend announcement this Saturday as previously (if memory serves me right) most dividend announcement on Saturday right? This sat 26th already... So we could see it... Right right right? Lol.. anyway.. 8 days counting down.. tick tock tick tock...

There goes my hope out the window again.

Today consider end already... So.... 7 more days~~~~~

Base on the 15 years statement and parents move house statement, it means your parents help you open when you are still a child? In this case you will need to update coz when you hit 18, they require you to bring birth cert and update. After that can do online. Just IC and birth cert will do if you not yet update. I believe it was 2019 when it become compulsory. You said 2016 you buy though bank. Technically speaking it should bounce if you never update unless you not yet 18. So it also depends on your age but 2016 not yet compulsory update la. The book is useless already after 2019. Officially can throw. Everything is through IC now. When update they just ask you fill in a form, bring IC plug in, thumb print, confirm email and phone number, take your birth cert copy and that's it.

It takes less than 10 minutes la. Don't scare him. I do it during mco time to update everything from children account to adult account. The account number never changes coz the account is follow your name one. You just need to fill in a form with IC number coz when launch time we don't have ic until you are 12. Then it follows your IC number for life. So you just need IC, thumb print, then update email, phone number and signature. That's all. Must give birth cert copy to verify it's really you. Just your own will do coz the name is there. Not need guardian one. I just done during mco.. 2020 time i think. And this one must be done at the branch. Agent bank can tell you to go branch. At least that's what happened to me... Maybe they just lazy handle plus mco quite busy i think. Need booking in advance that time. So not sure agent bank can do or not but i went to the branch.

This post has been edited by Wolves: Aug 24 2023, 11:28 AM

"Only" 1250... "Only"... 😂

5 more days!!! If sat (today) and Sunday no count coz weekend... 3 more days~~~~~

27th August already~~~~

Max 4 more days to go~~

Go go go~~ ole ole ole~~

I NEED..... Not..

I just happy see money coming in.. 😂 and it will determine i can retire end of year or not... Or maybe two more years.... I dunno... Looking forward to retirement...