Any possibility ASNB adjusted the racial quota?

My 2-sen: I will continue to accumulate ASMx funds.

FD rates will go down eventually. The US Fed cannot keep raising the interest rates forever. It brings more harm than good in the long run. They will stop raising eventually and when that happens, rates will go down. The latest news is that they will raise rates 2 or 3 times max this year (2023) and will then stop. So expect down trend from 2024 on wards.

ASMx funds on the other hand gave "magical" rates every year, often higher than market rates and I believe they will continue to do the same in the future.

So yes, now banks give higher rates in most cases compared to ASMx but will the banks continue to give high rates when the US Fed lower the rates eventually? I don't think so lah... rugi lah. But I dare to say ASMx will continue to give at least 4%, if not higher. So you sell now to earn that extra 1-1.5% for 12-24 months FD but when FD rates drop, you already loss out because you sold your ASMx funds. It's not easy to buy ASMx funds.

I see it this way... unless the Malaysian government defaulted, ASNB is the ultimate investment. It's magical, government-backed and only one of it's kind in the world.

Got telegram group for ASMx ? Can join?

does anyone have problem paying using Boost for ASMx? I wasn't able to pay this yesterday morning and this morning. The Boost interface just wouldn't show up

Are you able to use ewallet to pay? Mine just won't load the boost interface so I have to batal transaksi...

divert to singapore = SSB/T-Bills/FD ?

This post has been edited by ntchong: Feb 2 2023, 03:52 PM

per person maximum limit is $200k worth of SSB

https://www.thestar.com.my/business/busines...l-for-two-funds

ASB2 5.0%
ASM 4.5%

still make sense to buy SGD and invest over there

no worries lah... U-turn syndrome still strong

if only elections are held every year