I've got 0.63 c I can still invest! Lolx

BTW, what's 'units available for collateral' ?


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Unit bercagar is the sijil amount?

Ah yes... that makes sense. since PNB only allows 200k loan, that is why mine shows -200k since I'm on 400k loan (200k over the allowed 200k cap). And I'm pretty much at MAX asb investment since I can only add another 63c! haha

So right now my ASB make up is 400k sijil + 240k cash. Can't wait till the cash portion surpasses the sijil loan amount!

This post has been edited by buggie: Jan 6 2019, 08:44 PM

Yup. You got it right. This means the guy has only taken 100k loan so far

Adoi..... Biar lah dia if he wants to be thorough and ask... Even if the answer is straight forward and obvious. Any skin off your back meh? Like that also you want to call out ka?

These comments are totally uncalled for imo. Nak cari pasal buat ape?

Live and let live brother... Less bickering and more about making money.

dah la tu... mau jugak have the last word...

Basically, you can inject 200k cash into asb.

Any dividends earned essentially increases your max cap.

So if first put in 100k. And earn dividend 14k making balance 114k. It doesn't mean you can only put in 86k. You can still put in 100k essentially making your cap 214k.

If you have 114k, the take out 14k. You can still put back 114k. And not just 100k. So you soft cap has increased with the accumulated dividends.

Yeah Kinda agree with this here. I would take up asbf in a heartbeat given the opportunity. As long as there are no future plans for a bigger commitment within a year. And when I do wanna get that house and free up monthly expenditures to fund that, i'd just cancel/surrender with no penalty.

Or if things get too hot to handle, just terminate. If you do make a loss like cancelling within the first year, i think it's negligible. The potential gains outweighs the risk.

ASB2 dividends coming end of the month!!!

Anyone stoked yet?

U still have 50k allocation for loan (cagar) so it is possible to take another 50k loan, but you might need to take out RM 31,810 since your unit boleh beli is 18,190

Can bankers confirm this?

If betul then take it out and put in ASD(ASB3). Also topup your loan at ASB2... another 10k underutilized there

This post has been edited by buggie: Mar 6 2019, 01:18 PM

Go for it! Max that loan. The cash you need to take out put in ASB3 or somewhere else to generate even more returns

As for ASB2, when you next terminate and reapply, then go for full 200k loan. I know quota maybe full... but keep trying once in awhile. In fact the best time is just after dividend (Early April) as many people cash out then.

This post has been edited by buggie: Mar 6 2019, 04:48 PM

Awesome bro

Mine is less a bit... 253k+

Kita naik sampan yg sama ke?

no need to take out. just leave it in there and apply

3-4 years is the sweet spot for rinse and repeat. From experience

Should get back approx 9k everytime you do that for a nice reward to spend on whatever or, you can reinvest that for more returns.

This post has been edited by buggie: Mar 16 2019, 09:35 PM

Anyday now, ASB2 dividend announcement! Get stoked!

1. You achieve a higher ROI percentage if you terminate and reapply because the ammortization value that you get back is added to your dividend earnings, thus boosting the percentage.

OPM = is Other People's Money. This term is used a lot here because the concept of this is leveraging OPM. So much so that if I had 200k cash in ASB, I would take it out and apply loan and let OPM do its thing.

2. No right or wrong here. My experience, 3-4 years to boost ROI and take advantage of the usually lower interest rate, or in my case a reward system. I believe as the dividend rates come down, so does the interest rate. To the banks, its still a viable business so in order to milk this cash cow, they have to make it worthwhile for the customers to take up the loan. As soon as its not worthwhile anymore, banks can say bye bye to this profitable portfolio.

3. The best is by ASBf proxy since that's the fund that's giving the best rates. If ASB is the route you wanna take. But not without risk. You gotta really trust your proxy. Gets more complicated if your proxy kicks the bucket.

4. Can't help u there. Check with the portal and/or your telco

The before and after ASB2 dividend payout.... STOKED! Growing EXPONENTIALLY

The first of 3 PNB dividends payout for me... next ASB3 in September and then the big one ASB in December. I think I'll have to get a fund that pays out in June so I can get this feeling of 'high' all year long!

hopefully can reach 70k all in this year to bring me just under 1.1M. Can't believe that I was just celebrating a milestone in January of surpassing the 1M mark and I'm already talking about reaching 1.1M 3 months later...haha

Get started guys... As with compounding 101, the earlier you start the faster the growth!

This post has been edited by buggie: Apr 1 2019, 05:53 PM

Really? Do share...

1.5m! Awesome brother

ASB loans is not just about 5% vs 6.5%.

Lemme simplify things for the benefit of new readers. On parameters 30 years loan and 6.5% dividend (adopted from last year). 3 years and I terminate and walk away.

I paid:
1,100 x 12 month x 3years= 39,600 (actually less – I rounded up)
I get:
41,500 (dividend) + 9,000 (amortised) = 50,500

So let’s recap. After 3 years:
Money OUT : 39,600
Money IN : 50,500

There’s no hidden things here. After 3 years when all is said and done if I wanna walk away from this investment i would’ve paid 39,600 to the bank and received 50,500.

That’s 27.5 % Return

And that is in today’s lansdscape. Now there will be some ppl that say dividend rate will drop as they do every year, historically.. yada yada yada.... Even if it drops to 6% you still get the coveted 18% ROI and that’s if the banks don’t revise their rates downward to make it enticing for investors.

Now let’s talk about opportunity cost and strategy. Yeah sure times are bad now. But it won’t always stay this way. So what you wanna do now is appreciate your capital. Accumulate and build up that capital which will ultimately earn you more when things look up. If you’ve built up a size of up to 1m already, just imagine IF things started looking up and ASB dividend goes up to 7% or 8% or even dare I dream to the glory days of >10%

The person that is savvy has positioned himself to earn dividends on 1M whereas the ill-informed and nay-sayers would just then start out at 200k because it looks good NOW. And by the time they've built a sizable capital, the economy dips again. The irony of it all.

If the glory days don’t come back then well.... just be content with your 18-27% returns lah! Tak cukup ah?