Oh budak hingusan lagi la tu.... it's ok...

A piece of advice:-
When a person is ignorant but still don't want to learn, in Malay we call it bodoh sombong. Try not to be that.... Try hard

This post has been edited by buggie: Mar 8 2020, 08:03 AM

Typo error. He meant to say 200k.

16k installment corresponds to 200k loan. Even the didviden he mentioned is on 200k

And yes pnb cap @ 200k

It's Typo. Really 200k. If 300k where got can get 15k dividend...

Can u come up with something smarter to say? I'm getting bored already *yawn*

Well at least you've proven you know how to use a calculator. Later learn how to use your brain ok?

If 300k is 16.5k, how is it you only got 15k as per your previous post?


Additional dividen from his softcap. See he's actually a firm believer of this asbf. Hes just trolling here.

He's been bashing this loan for more than a year now. And yet he took another 100k loan last year on top of the full 200k loan? (if its true la)

So guys, in a nutshell...It just shows you that even a non-believer of the loan applies for this loan after bashing it mind you....cause it is too good to pass up. The power of ASBf!

It's ok... caught red-handed or not, He just proved my point.

You'd doubt that they even buy properties, if simple ASBf also cannot understand. As for not taking discussion seriously and being just plain dumb or trolling (I really can't tell the difference), I blame degenerative genes.

Speaking of properties, I know it's off topic, but I want to let go a property in Shah Alam Elmina (Ariza). Fully renovated with good stuff inside as I got the place for myself. My plans changed so I never moved in. If anybody interest PM me.

Sorry advertisement sikit. Mod can delete if inappropriate.

No need to panic la guys... If really happens then just terminate la... Get back the principal part of your loan. Thats the beauty of this asbf...

PNB has a reserve. Previous years they can actually give higher dividend but they hold back for times like these. Having said that, still expect a reduction in dividend.

The whole economy is bad thru a sequence of unfortunate events, change in govt (twice!) opec trade war amd compounded by this Covid19 all one after another.

Expect everything to go down the sh*thole. Lost a lot in stocks, properties sector is bad want to let go also cannot. Can't look forward to the usual 6 months bonus + 8% increment next year. People will not have buying power for the next couple of years as they start consolidating.

But this asb will probably the only investment i have that at worst will probably not make me lose money.

Important thing now is to take care of your health and ride this out. You don't wanna get sick at this time.

Off topic, market is currently on cheap mega sale. Spot the trend when it picks up. And hop on for the ride!

This moratoriam allowed for those affected by covid19 right? Or anyone can apply?

Havent done the calculations but off the top of my head, if you're disciplined enough, assuming you don't need the extra cash, you can invest elsewhere and let it compound over 15-20 years. Should be more than the interest charged for that 6 months.

For me the savings over 6 months would be 10k per month which comes up to 60k. Compound that by 10 years at lets say 5%, thats a gain of 40k. If you go to 20 years... A gain of 100k. Just rough calculation. You dont get the 60k all at once and stuff.... And other factors not included yet.

If the banks extend the tenure by 6 months... And if you don't like it, just terminate at your scheduled date. By that time you would get back most of your principal anyway... Interest portion very low ady.

Again very rough calculations. Dont flame me. But do correct me if I'm wrong

This post has been edited by buggie: Mar 26 2020, 02:52 PM

You're missing the point. go for 40 years. You pay less

Maybank too

The best is to ask your banker. Different banks may take a different approach.

Faster do. Tomorrow reopen ady

We all want your allocation 😂😂😂

Doesn't seem like you developed any brain cells since the last time you were here.

Faster go terminate your asb2 loan lah.

This post has been edited by buggie: Mar 31 2020, 08:43 AM

As usual, I will be summarising my ASB2f performance.

Before Ammortization
Dividend : @ 4.75 % = 15,182.45
Payout : 1,192.00 x 12 = 14,304.00
Difference : 878.45
ROI : 878.45 / 14,304.00 = 6.14%

Ammortization
- 6 years loan 200k @ 4.6% interest = approximately 18,000.00
- 18,000 / 6years = 3000 per year.

ROI after Ammortization
- 878.45 + 3000 = 3878.45
- 3878.45 / 14,304 = 27.11%(unrealized as did not terminate)

This year is a little tough. And so will next year. And let's not kid ourselves, a few more years to come. Don't think we've ever seen an inevitable recession quite like this. Not in my lifetime for sure. Brace yourselves.

Need the assistance of ammortization to actually show great returns. Even if you're year one investor, you'd actually just about break even if you factor in the principal you'd get back.

But even without ammortization, there was a return of 6.14% for ASB2, for me anyways. It's not jump out of my seat and punch the air type excitement but at these troubled times, i'll take it.

As mentioned many times the way this game is played is playing the long game. That's why people like Bora can still weather the storm.

But if you ask me, even in these bad times, I'd jump in for the sole purpose of increasing capital and building that softcap. As when the dividends eventually goes back up, you'd have already positioned yourself with that bloated softcap, ripe for the taking while others are just starting to get back in the game.

But that's just me. Not many people can see beyond 1 year before panic sets in. And my advice to anyone who can't stand the heat in the kitchen, just terminate. Save yourself the grief and stress.

This post has been edited by buggie: Apr 1 2020, 09:48 AM

I might just follow suit! Hehe... wait for asb3 this september.

with the share market on cheap sale, i'm gonna stockpile on cash rich counters. Companies with high liquidity that can survive this crisis without breaking a sweat. They are definitely undervalued right now.

Of course, risk management will still be in place. Only extra riskable funds will be used

Good on you, buddy

Yeah... been there. At our age also can't afford to take too many risks. Diminished risk appetite.

With the current economic outlook and Doraemon gomen, we gotta brace ourselves for a bleak future.