No one can predict but in investment there is downtrend and uptrend.

If u understand this you wont worry because its normal

If u want to know i can tell u...only 0.5% of commission from the total of financing/loan. So if client apply 100k we consultant only get 500 per application. 1 time commission only. Is that much sir with all the knowledge we share. If u go see bankers u wont get knowledge and technique like we told...plus we can help u to apply asbf according to your goals and budget. This commision is our only salary as consultant. No basic salary. Hope u sastify with my answer. Thank you

well i from wht i heard from my prof, it is related to the economy yeah? and judging from our current state, it will only get worse since trump is the next president, most of the muslim country economy will get worse. is it making any sense?

Thank you sir...

Let me share you something. Someone might already know some may not...

Ok how asb financing make profit?

1st from dividen
2nd from prinsipal

Let say u are applying 200,000 financing earlier 2016 than terminate it earlier 2017

Monthly = 1100
Bank rate = 5.2%
Duration = 30 years
Dividen 2016 = 6.75%

Profit from dividend

200k x 6.75% = 13,500 (a)

Than principal by ammortization ur balance left 197,154 so 200,000 - 197,154 = 2846 (b)

Total earning (a)+(b) = 16,346©

Ok now calculate your net profit
(Total earning - capital)

1100 x 12 = 13,200 (d)

©-(d) = (e)

16,346 - 13,200 = 3146 (net profit)

ROI (net profit/capital x 100

(e)/(d) x 100 = (f)

3146/13,200 x 100 = 23.83%

I want to ask you is there any low risk investment out there that can give you ROI (23.83%) in 1 year?

If you do ASB saving how much at least of dividend you must get to have this much of profit?

Please do remind asb financing is the best tool that u can use as force saving. If u r saving by yourself im prettry sure you cant hold that money from being used when u really need it.

So please do asb financing with knowledge. You only see asb dividend is getting less years by years and are not profit. Its wrong. Still profit but less.

Investment will have time it go low and then go up again.

Thats all.

Any question pm me.

What is formula you using to get (B)? The balance after 1 year.

is there a way to pledge cimb to lower down my current asb financing from 5.2% to 5%?

A question, is the bank 'supposed' to revise the monthly installment payable for the ASB Loans if there is a revision to the BR? My monthly instalment has been the same even though there was a revision of the BR in July/August 2016. Is this normal? I've gone to BNM and asked about this and apparently it's 'up to' the bank to decide. Any thoughts on this?

bro call your bank CS..they will advise u. usually bank will revise according to current BR/BLR. unless ur loan is fixed interest.

some banks they dont revise the monthly payment but your tenure will be shorter or longer. again have to confirm with ur bank. preferably if u have the home branch of your loan even better. hope it helps

“For any adjustment to the BR and BLR, banks are obligated to provide borrowers with particulars of the revised monthly instalment amount at least seven calendar days prior to the date the revised instalment comes into effect. If the change in the monthly instalment amount is less than RM50 per month or the bank’s internal threshold amount, whichever is lower, a bank is permitted to retain the borrowers’ monthly repayment amount,” said ABM.

If, however, the charge is more than RM50 per month or the threshold amount, banks are allowed to revised the monthly instalments unless a specific request is made by the borrower to retain the amount, it noted.

Thank you for your reply and suggestion. Yes, I've called up the CS twice (my call was just ' suddenly cut off' by the CS the first time, no suprises with this particular bank) and was told that if the difference of the amount payable due to the change in the BR is less than RM50.00 then there won't be any revision at all.

Just did a search to verify such explanation:

Source 1
Source 2
Sufficient?   

Thank you for your reply and suggestion. Yes, I've called up the CS twice (my call was just ' suddenly cut off' by the CS the first time, no suprises with this particular bank) and was told that if the difference of the amount payable due to the change in the BR is less than RM50.00 then there won't be any revision at all.

Just did a search to verify such explanation:

Source 1
Source 2
Sufficient?   

With the ever rising living cost, people can still afford to make monthly payments of 1k and above for ASB loan?

Depend on your salary. If got excess every month why not? Some sort of force savings.

I'm more surprised with SOME people buying phone more than their monthly salary 

Depend on your salary. If got excess every month why not? Some sort of force savings.

I'm more surprised with SOME people buying phone more than their monthly salary