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

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chinkw1
post Feb 12 2024, 01:10 PM

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Newbie in ASNB investment, intend to learn & start, but dunno where to start from.

Advice from sifu here pls.
chinkw1
post Feb 12 2024, 02:19 PM

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QUOTE(MattSally @ Feb 12 2024, 02:01 PM)
Fixed Price Funds do better than Variable Priced Funds. One unit always = 1 RM.

Fixed Price Funds are ASB1, ASB2, ASB3, ASM1, ASM2, ASM3.

Depending on race/religion you may or may not be eligible for ASB funds, which tend to do slightly better than ASM funds.

ASB1, ASB2 funds are limited to an investment of 300k units but the balance can go above this due to interest being applied. ASB3, ASM1, ASM2, ASM3 funds are unlimited but subject to funds being available.

If you are entitled to ASB funds I suggest you start with ASB1 and ASB2. Once you have reached your investment limit, invest in ASB3, ASM1 if funds available, then ASM2, ASM3.

Historically (pre covid) returns across all funds were never less than 6%. Now they appear to be slowly recovering from a covid low of 3.75% and will probably be around 5% this year. ASB1 has already declared 5.25%.
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Thanks bro.

So let say we put $ in ASM3 example, then every year we can just withdraw out its dividends correct?



chinkw1
post Feb 12 2024, 05:09 PM

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For ASM3, what's the investment limit per person?

Heard difficult to get ya due to quota?
chinkw1
post Feb 14 2024, 09:54 AM

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Anyone knows what error 109 means?

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chinkw1
post Feb 14 2024, 03:01 PM

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QUOTE(nexona88 @ Feb 14 2024, 12:26 PM)
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Max 100k ya.
chinkw1
post Feb 14 2024, 06:28 PM

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QUOTE(nexona88 @ Feb 14 2024, 04:22 PM)
EPF dividend coming soon... 6% to 6.5%  rclxm9.gif

later ASM 1... looking forward around 4.5% to 4.8%  cool2.gif
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If EPF above 6%, will be good bro. March announced??

Hope ASM3 this yr can 5%.:l)
chinkw1
post Feb 14 2024, 08:53 PM

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QUOTE(nexona88 @ Feb 14 2024, 08:12 PM)
ASMx need to give 6% minimum

Then only people won't withdraw 🤑👌
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But different is...

KWSP only can withdraw after 55 yo, whereas ASMx can withdraw anytime.
chinkw1
post Feb 15 2024, 08:27 PM

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When u guys say switch from ASM3 to ASM1,
means u have to sell your ASM3 1st,then baru buy ASM1 correct??

What if after u sell ASM3, & no units in ASM1??
chinkw1
post Feb 16 2024, 11:33 AM

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Dunno why ASM3 cap at only 100K, should open up more
chinkw1
post Feb 17 2024, 10:29 AM

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QUOTE(cckkpr @ Feb 16 2024, 01:56 PM)
Any extra cash can put in yr father’s EPF account if he’d above 60.
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Between 55-60 also ok.

Bcoz account 55 can withdraw anytime.
chinkw1
post Feb 20 2024, 11:12 AM

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ASM1, 2,3 all Full, cannot buy. So laku.
chinkw1
post Feb 20 2024, 01:11 PM

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QUOTE(nexona88 @ Feb 20 2024, 11:58 AM)
ASM 3 full??

seriously...

just tried... can get 30k per shot easily....

maybe because you already hit 100k?  that why failed??  hmm.gif
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I think so for ASM3, but all prompt same error message.
ASNB apps should prompt different message mah.
chinkw1
post Feb 21 2024, 08:14 AM

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QUOTE(nexona88 @ Feb 20 2024, 01:15 PM)
what error code you getting???
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Transaction reject code : 109
chinkw1
post Feb 21 2024, 01:27 PM

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QUOTE(nexona88 @ Feb 21 2024, 08:51 AM)
This code is not fully subscribe but limit have been achieved @ hit by the individual account 🙏
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Reject Code is 068

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chinkw1
post Feb 22 2024, 12:22 PM

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ASM always not available.
chinkw1
post Feb 24 2024, 08:18 PM

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QUOTE(nexona88 @ Feb 24 2024, 05:42 PM)
Use MyASNB website

But need to make sure ASM 1 have units...

No units available..  switch failed
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Asm1, 2, always no units available.
chinkw1
post Mar 6 2024, 03:18 PM

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QUOTE(nexona88 @ Mar 6 2024, 03:14 PM)
After looking at EPF performance...

When everyone expected 6% but final results is lower...

So better to expect lower... So not to get disappointed 🙏

Maintain the last year rate is good enough... Just don't drop lower.... Then another round of speculation....what did PNB do with the money....
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Yalor, I thought 6-6.2%.
chinkw1
post Mar 12 2024, 04:06 PM

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QUOTE(nexona88 @ Mar 12 2024, 11:36 AM)
Hmmm...

Looks like ASM 3 offering might be extended with higher quota per individual... Like previous ASM 1 offering of 5bil units....
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April baru increase limit?
Now is 100k/pax

chinkw1
post Mar 12 2024, 04:22 PM

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QUOTE(chinkw1 @ Mar 12 2024, 04:06 PM)
April baru increase limit?
Now is 100k/pax
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If open account for son, limit becomes 200k? Or still cap at 100k?
chinkw1
post Mar 29 2024, 08:19 AM

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ASM difficult to buy, but some members here says can buy easily. Does go otc in bank buy ASM is easier than buy through asnb apps?

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