You're still happy with 4.25% ASB2 and 4.00% ASM for your passive income? For such situation and risk I would say fair but hopefully won't go below

People already "sense", upcoming ASM 2 & 3 would be same rate as ASM 1 🎯

So escape now before too late?

Or buying new property...
(Now actually good time to hunt one if own stay)

a lot of things can change in the next 1 year, new CEO coming in, economy recovery is projected, GE with very clear majority and stable government. For me there is guarded optimisim.

We may see the worse of PNB performance, it can only go up nearing 5% this year, but hitting 6% is unlikely.

i maybe wrong in this thinking,...
i think the rate of dividend does not have high correlation with the market performance of the markets....
for the income distributions declared by these funds are derived from the funds’ realised gains, dividends and other income....

it is up to the boss in there with the stake holders that sit in the board to decide on how much $$ they wanted the realised gain to be to be given out as dividend....(even if the market is very good, they have the control to determine how much gains they wanted to realise....in the end those unrealised profits/gains that are still being held is not counted)

just like EPF rate too....

Don't tell me you don't already know this.

Must be someone selling off a big bulk to cashout for other purpose

Hope you get most of it

anyreason why u move out from ASB2?

ASB2 traditionally has the 2nd best dividend return after ASB1

Less than 4% then really have to tie stomach weh

Optimistic but I like it, then we can live a better life

What worries me is that they used previous earning to topup to get 4.00% for ASM this year so hopefully it is sustainable

P/S: ASM this year already declared so no 4.25% for ASM

https://www.theedgemarkets.com/article/form...iz-pnb-chairman

Not long ago new CEO, now new chairman.

https://www.theedgemarkets.com/article/form...iz-pnb-chairman

Hopefully that translates into better dividend payout.

For a quarterlife-crisis bald people like me, i wish to build a solid foundation in risk-free area first.
My initial target will be a 6 digit in ASNB fund.

The recommendation of the bank for the youngster will always be : 6 months life saving (approx 12k and above)
then put it on middle-to high risk such as stockmarket or growth index fund or so on.
That is kinda logical in financial stance.

But truth is, what we can see right now, credit crunch and crisis "usually" longer than 6 month.
I'm working in healthcare setting, i know the cost of "sudden accident".
Hence, i am quite dedicated to build a really solid foundation so that i can totally lost that amount of "middle-to-high risk" money for investment prior to score big.

The 6 digit ASNB fund target is very simple.
Learn like bumi. They loan for 6 digit unit then repay off during the tenure.
I can't do that nor can't loan, hence i actively pumped in.

just my 2c in my planning ~
Hope everyone can reach their FIRE

ASNB does the job

Yes no HIGH return but no HIGH risk as well

I don't want to worry every night my money gone in a week because of stock market crash or having to sell crypto via whatever platform

Although the return is lower this year but it was expected

But at least it covers inflation for now and provides fair return

Come to the end, it depends on investors' risk appetite

Not sure if the current full lockdown will give an impact to ASB3 and ASM2 Wawasan and ASM3

wow... its almost ASB3 dividend time already? damn.. time flies so fast

eager waiting for the news, as most people who maxed out their ASB1 & ASB2 would have a very large chunk in ASB3 as it has no limits and dividends are consistently on par with ASM1

My wild guess, on par with ASB1