Newbie in ASNB investment, intend to learn & start, but dunno where to start from.
Advice from sifu here pls.
Ultimate Discussions of ASNB Fixed Price UT, Magical UT only in Malaysia
Ultimate Discussions of ASNB Fixed Price UT, Magical UT only in Malaysia
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Feb 12 2024, 01:10 PM
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#1
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Elite
3,155 posts Joined: Sep 2005 |
Newbie in ASNB investment, intend to learn & start, but dunno where to start from.
Advice from sifu here pls. |
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Feb 12 2024, 02:19 PM
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#2
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Elite
3,155 posts Joined: Sep 2005 |
QUOTE(MattSally @ Feb 12 2024, 02:01 PM) Fixed Price Funds do better than Variable Priced Funds. One unit always = 1 RM. Thanks bro.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%. So let say we put $ in ASM3 example, then every year we can just withdraw out its dividends correct? |
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Feb 12 2024, 05:09 PM
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#3
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Elite
3,155 posts Joined: Sep 2005 |
For ASM3, what's the investment limit per person?
Heard difficult to get ya due to quota? |
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Feb 14 2024, 09:54 AM
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#4
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Elite
3,155 posts Joined: Sep 2005 |
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Feb 14 2024, 03:01 PM
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#5
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Elite
3,155 posts Joined: Sep 2005 |
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Feb 14 2024, 06:28 PM
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#6
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Elite
3,155 posts Joined: Sep 2005 |
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Feb 14 2024, 08:53 PM
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#7
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Elite
3,155 posts Joined: Sep 2005 |
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Feb 15 2024, 08:27 PM
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#8
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Elite
3,155 posts Joined: Sep 2005 |
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?? |
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Feb 16 2024, 11:33 AM
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#9
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Elite
3,155 posts Joined: Sep 2005 |
Dunno why ASM3 cap at only 100K, should open up more
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Feb 17 2024, 10:29 AM
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#10
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Elite
3,155 posts Joined: Sep 2005 |
QUOTE(cckkpr @ Feb 16 2024, 01:56 PM) Between 55-60 also ok.Bcoz account 55 can withdraw anytime. nexona88 liked this post
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Feb 20 2024, 11:12 AM
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#11
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Elite
3,155 posts Joined: Sep 2005 |
ASM1, 2,3 all Full, cannot buy. So laku.
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Feb 20 2024, 01:11 PM
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#12
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Elite
3,155 posts Joined: Sep 2005 |
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Feb 21 2024, 08:14 AM
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#13
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Elite
3,155 posts Joined: Sep 2005 |
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Feb 21 2024, 01:27 PM
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#14
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Elite
3,155 posts Joined: Sep 2005 |
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Feb 22 2024, 12:22 PM
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#15
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Elite
3,155 posts Joined: Sep 2005 |
ASM always not available.
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Feb 24 2024, 08:18 PM
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#16
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Elite
3,155 posts Joined: Sep 2005 |
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Mar 6 2024, 03:18 PM
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#17
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Elite
3,155 posts Joined: Sep 2005 |
QUOTE(nexona88 @ Mar 6 2024, 03:14 PM) After looking at EPF performance... Yalor, I thought 6-6.2%.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.... nexona88 liked this post
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Mar 12 2024, 04:06 PM
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#18
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Elite
3,155 posts Joined: Sep 2005 |
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Mar 12 2024, 04:22 PM
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#19
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Elite
3,155 posts Joined: Sep 2005 |
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Mar 29 2024, 08:19 AM
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#20
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Elite
3,155 posts Joined: Sep 2005 |
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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