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 Ultimate Discussions of ASNB Fixed Price UT, Magical UT only in Malaysia

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post Jan 3 2020, 04:15 PM

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hey guys, just want to ask how to sell the units in ASM?

can i do it online?
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post Jan 3 2020, 04:26 PM

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the account holder in person?

the reason i ask is because my dad invested for me since young.

but the ASNB is under my name under maybank, so I need to go maybank do manual sell and withdraw? any sales charge??
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post Jan 3 2020, 04:35 PM

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QUOTE(bourse @ Jan 3 2020, 04:34 PM)
ASNB is under my name under maybank
Go to Maybank with your IC, fill the ASNB form, then you can withdraw all the money inside the account.

ASM1 / ASM2 / ASM3, all 3 no sales charges.
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Thanks for the advise. Do you think this is better and as safe as FD? because i see yearly I see get 6% on average. current FD rates are like 3.8%
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post Jan 3 2020, 05:24 PM

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QUOTE(beLIEve @ Jan 3 2020, 05:18 PM)
Better but not as safe as FD
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I am thinking to withdraw out to put in FD as I just realised I have ASM under my name, thanks to my parents.

Any advise guys?
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post Jan 6 2020, 12:55 PM

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QUOTE(beLIEve @ Jan 3 2020, 10:13 PM)
Hold.
no need to talk in boost la. we're in Kopitiam now, can off topic as much as we want. that's the beauty of it.

If your concern is 2% or $2, very easy. You can :
1. spend it by paying water bill, parking, Unify, mobile phone service provider

2. top up $1470 with your credit card 1 day after your statement date. Cash out $1498 immediately. FD or ASN the $1498. You have about 50 days to pay your credit card. The FD should earn you $3 at 2.95% p.a. in 50 days and ASN even more.
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Thank you for the advise bro.

But just wondering, since my account was under account remaja before and my dad is my registed guardian, now I am 25 already.

Still need my dad to withdraw the funds??

And now if want to top up can do via asnb app?


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post Jan 6 2020, 04:00 PM

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QUOTE(beLIEve @ Jan 6 2020, 01:22 PM)
i dont have such luxury to have parents open such high yield fund for me. so i dont know.

what i'm sure is that you dont have to sell off your stake. I think I've read that it's automagically converted to adult account once you're 18. I tried doing some websearch but couldn't find an answer.
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Thank you.

I think that is where my ang pao money went, since young I don't get to keep much of my ang pao money.

So parents take back and save for me. I guess this is where it went haha.
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post Nov 11 2020, 10:14 PM

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Hey guys, I have a question. If I want to transfer my funds in ASM to my sibling who also have an ASM account. Can it be done??

 

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