yes

Finally taking that drastic move eh, MattSally. Are you going to withdraw ASB also after dividend distribution at the end of the year?

Reasonable move. GBP is one of the very few currencies that fell against MYR over the past year. Inflation is sky high in the UK now so yeah, their interest rate are probably going to go much higher.

Hope your decision generates a better return for you over the long run . I am not sure what to do with my asnb funds yet. Waiting to see ASM3 and probably ASB dividend first. The mega sale this morning doesn't sit well with me at all.

25k only?! there shouldn't be any limit if it is to own savings account. Or is it because over 25k, you need to fill in a declaration form to bnm?

This post has been edited by silentsurfer: Sep 2 2022, 12:03 PM

Bank Islam (with PIDM).......12m @ 4.2% p.a.....18m @ 4.4% p.a. No need to bundle.

Head over to Fd thread for more info.

I do hope that your RM is correct about the dividend going back to over 5% next year. Do you think it will be reflected in this year's ASB or maybe next year's ASM1 dividend?

Hi MGM, I am not a finance expert. That's why I am invested in this . I can only wish that the dividend goes up.

I remember during the 97 crisis, stock market was hammered and interest rates were through the roof also.

So, do you think the dividend will remain low next year?

Can try asm3 now. Many units available.

I have held for years without selling a single unit but am seriously considering to withdraw some to put in fds if the promo rates get higher. Still weighing the pros and cons now.

What's your plan, MattSally and other high rollers here? Given that ASB is only 4.6, even if ASMx holds at 4.0, it's quite a big difference compared to the current promo rates. Bro guy3288, another old timer here has already started making his move.

I see. Then the general feel does seem to indicate funds are flowing out from ASMx.

I feel heavy hearted hence still monitoring the situation.

Where did you park? Fd?

You had to fill in a declaration form as the amount was more than 25k, right? Was it troublesome?

Thanks.

I see. Thanks for the info. I am monitoring PBB 24mth @ 4.8%. Will wait and see if they revise it higher if BNM raise the OPR in the coming 19 January meeting. Slight problem as I don't have a PBB account and over at the FD thread, it seems ppl mentioned it's quite a hassle to open one. Need to wait for approval from HQ which takes about 1 week or maybe longer.

Hmm. I have been hearing some ppl mentioned need to submit a declaration for redeeming above 25k. Maybe some banks do and some banks don't.

Plenty of asm3. Can try if you want.

It's not that low la bro/sis. currently sits in between board rate fd and promo rate fd. Some ppl might see this as a chance to park here when it's easily available now. IF the dividend increases in future, it won't be so easy to get like now. To each his/her own lo.

ya lor, i tested RM30k 1 attempt got it!!
Time has change la bro.....

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yalo. sigh. put so much effort in the days before myasnb to top up. now..........

Plenty of asm3 now

On and off also got but timing has to be right.

wah bro, clearing out your ASMs?

Anywhere better to put other than the pbb 24m @ 4.8%p.a?

👏. if u manage to get 5%, you'll be the first person to achieve that rate. good luck.

I am waiting for bnm meeting soon. If got 5% promos, I'll withdraw some on 1 feb.