Treasury bills and crypto, to name just 2..
So in 3 years, one made about 10k using an investment instrument of over 200k.. Roughly what, 4K per year..? And this is with 6.5% projection and not lower or with full Takaful.. Like I've maintained, sure, you'd make some money.. But who really made bank within those 3 years?.. You or the banks and or their cohorts? So obviously, they'd blow the loudest trumpets on its greatness to newbies and promote it over other viable options.. Finally.. Calling it out as it should.. Not simply screaming.. It's best best.. This has been my only issue with the group think of this thread. Call it out as is and don't simply say it's the best out there. It's not. It has already dropped to 6% and will take sometime to recover. Glory days won't be here at all.. Unless there happens a major dynamic shift on the political and economic front.. As mentioned earlier, the Malaysian economy is not one to "watch" or due for rapid growth and ASB is not an aggressive fund. My earlier point for those who haven't figured it out.

To the idiot(s) who keeps hitting the report button.. Have a field day with this one too. 

thanks.

20years ago I had the same naysayers & doomsday predictors telling me the same shit that are being said today.

I'm 41 now, with a desk job.

At the current rate, I will retire with 6m (including EPF).

My wife who's the same age will have the same. So that's 12m.

At a modest 6% return, our household income will be 60k/month for our retirement.

I think should be enough lah, to go nice holiday every quarter..

Don't mislead people. You cannot compare like that. If you want to compare, then use what happen when people do own saving into asb vs taking loan. Where's your 27% return then? It'll only get worse once the dividend keep dropping.

Not all people want to be tied down to loan even if it's easily liquefied.

Pretty sure it's higher than 27%

a little shy for now.

but bro, since you've been nice - I share a little tip for you (but maybe you already know this!)

People our age cannot simply refresh our ASBf loan (because cannot get max tenure).

I wrote to the bank for a reduction to the interest rate to my loans, they approved 

They never approved before this when I was below 35 years old!

Hence my point, i didnt refinance.

I got a reduced interest rate instead.

wow congrats hahah. i will have to wait 10 years to reach 1 million but only if i did not to do any withdrawal of dividends  😅

Not going to reply to some rude insurance seller here whose only purpose here is to lie to people to sell his scheme.

Fact: ASB dividend has been decreasing every year.
Fact: This year dividend is the lowest its been.
Fact: Bank takes more than 80% of your dividend as their interest, leaving you with only 20%.
Fact: You get 100% of the dividend if you save manually without loan.
Fact: Saving manually yields better return in the long run.
Fact: You're not tied down to any loan and reduce your credit score if you save manually.

That said, asbf is good for those kind of people with no discipline and cannot control their spending like some here. If you have no discipline then asbf will force you to save money every month. If you have discipline, it's much better to save manually.

Exactly happened to me. Kinda regret that I didn't do this when first started working in 2010. Only applied ASBf in 2016, and ASB2f a year later. Its true better late than never, but I really took too much time to completely understand how to correctly calculate loans and use amortization table.

Again... I understand where you are coming from. Want numbers right.. Here.. Same 40K annually (read that annually not monthly) compounded at a minimum 15% interest will net you over 60K easy within the same 3 year period. The 18% I quoted was the minimum returns of one of the funds I made mention.. Nope, it's not Malaysian-based. Probably why some have no idea that some folks actually invest their cash outside.. I wouldn't elaborate more, as you rightly pointed out that this is the ASB loan thread and we should stick to the topic at hand.. Want to know more about such? Get a decent investment manager/financial planner or Google and go solo..
Nope.. More like only an amateur "investment fella" would simply assume that the 18% quoted was a one-off thing and or the returns haven't consistently been higher.. Surely even you must have seen certain medical insurance ILPs that net more than that and over a single year period... No? Oh well, Here's my fact.. I (an "amateur") long time back predicted what is happening today. What did you as a "guru" predict and who ended up being right and other wrong? You know I know.. so i won't flog a dead horse. Yes! the fund is capable of consistently giving a minimum of 18%.. If you don't believe there are such out there, then you aren't as knowledgeable of publicly or privately available investment mediums. And it'd be a waste to debate further.. Plus that would be derailing this thread and I'm done with this.. once again.. See who's right in another say 3 - 5 years.. 
Preach.. I don't need to flash a screenshot of a loan propped/fattened investment amount.. That's just for syok sendiri purposes...Lose the loans and then we talk. .I'm no where near where i hope to be.. I'm grateful for all i have today.

Edited..tax man and privacy reasons.. 

On the contrary.. My post showed i get it..Wanted numbers? I gave.. Wanted examples? Provided..ASB loan? I get it.. OPM, monthly compounding, start early, leave-in, pay loan consistently, pray... Maybe I left something out, maybe I didn't.. I was under the impression that most here are advanced enough that i didn't need to spell it all out as if to 2 year olds. However, I'll concede to your last statement about this all requiring a certain level of understanding. Good chat.

Indeed, young people today probably have it better than we did. No proven cases back then for us to refer to.

We never had ASB2 loan back then, if we did I’d probably have closer to 2million now.

But thats ok, just 5 more years to breach 2m.

Now goyang telor get circa 100k/year in dividend.

Bro.. You should take your own advice..
Pray tell.. Where to get this 400k loan per individual & per fund today without potentially damning/suicidal workarounds? Oh wait.. you can't.. 

I took 200k loan and regret it so much. Need to wait a bit then I'll cancel. Just advising others that saving every month is much better than taking loan. You buta2 give profit to bank instead of taking all 6% dividend by yourself

yeah...you found one here 

Usual tactics in confusing gullible person. Write long winded essays but has no content.

Answer this.

Asb dividend increasing or decreasing these past few years?

Bank rate increasing or decreasing these past few years?

I'm sure you won't answer coz then it'll be obvious who's lying and who's not.

Means what? I don't quite understand. So you agree with me right?

Live like what? You have said nothing constructive and only personal insults since the beginning. It shows what kind of person you are. Just because I don't agree with you, you must resort to insults? even tho saving manually really is the best way to win in asb

Go read the comments and see properly who's bringing /k mentality here. I'm not the one slinging insults at people. All because they cannot accept my view that saving MANUALLY is the best way. No commitment, all profit belongs to you, won't depend on future dividends, won't depend of future bank rate. Now tell me which part of that is wrong?