I guess can go for lower amount like 50k then follow up by another next year and so on. The return is still good as long as it doesn't go below 7%.

thanks to new populist gov, gobind statemens and sentiments a total wipeout for TM market cap,

whilst sime darby mainly due to CPO

ya not totally but they play quite huge role there,

see PEST...

Political
Economical
Social
Technology

see khazanah portfolio, tumbling

statements from ministers play a huge role

my opinion tho for TM

Just called up HLB, she told me 3.8% 

Hi,

there's this forumer that claims there are many that 'abuse' ASBF, and it has many loopholes:
sos: https://forum.lowyat.net/index.php?showtopi...#entry108184452

I've asked for examples or an explanation for these 'loopholes' or 'abuses', but he is not able to. So I wonder if someone in this thread can provide any?

People terminate the loans on a YEARLY basis?

Can someone confirm this?

Even if they do, how is it a loophole or an abuse?

P/s - no sure what you mean by ego here. You are making serious claims here, I would like to understand further since  when I asked earlier you were not able to substantiate the claims. These are serious allegations if you claim bankers are involved in abuses and loopholes

Just now you said yearly, now 2-3 years? Get your story straight first bro.

We all know ASBF can be terminated anytime. This is perfectly legal.

But you specifically accuse asbf bankers of abuses and using loopholes, so no need to spin some more and tell us which part.

Im doing you a favor here maybe someone here can collaborate your claims

See, like I said your ego wont let you not have the last reply 

As far as I can tell, you are a non-bumi that do not qualify for ASBf. So you have zero experience in this matter. At the same time, you make accusations that there are people who have abused and used loopholes, somewhat suggesting illegally to profit.

So how does one with zero experience can make a claim to be knowledgeable in this matter?

On the other hand, I have over twenty years of ASBf experience and over half a million in ASBf certificate thanks to my Chindian banker.

You are no where near my level my friend.

So, I can smell BS when it's coming from a long way. Sorry, this obviously made you mad, but if anyone is spreading misinformation and wild accusations, I will call it out.

Actually I know, while you dont. You dont have single sen in ASBf for god's sake!

You tell from BS,  I tell from my own experience 

Lol please! cannot expose that's a laughable excuse.

I am well aware of strategies, tips to maximise the loan. All perfectly legal.

How do you think I managed to retire at 43?

You on the other hand, call it abuse/loopholes/illegal. When asked what, nothing to show -  just say 'your choice'.

No, you called it abuse and somewhat suggestively calling what we're doing here is illegal.

I am not sure why you did that, perhaps you are not happy because you do not qualify for ASBf.

Maybe this is something bigger than just an argument here but obviously you are not happy about folks getting ASBf because you spread false information that people are abusing the loan in other threads.

Buddy, I'm not the one that's accusing a group of abusing loans. That's you.

Maybe you can explain yourself why you do that?

Again, there is no ego. Just calling out BS when I see it. From those threads because of your accusations, you can tell people think something illegal was being done when in reality nothing was. 

Thanks for admitting. I think I've made my point.

i think you need to tone it down with the name calling. Already you called me drunk, bastard, noob etc and now nuts case in non-k threads.

Because you are good entertainment to me so I don't bother to report, but some other folks might.

p/s - aren't you curious as to how I have over 500k in ASBf certificates? These days people can have max 400k only (200k ASB, 200k ASB2).

See? That's why I said you are no where near my level or my chindian banker level. You dont even know what I'm talking about.

I said 500k+ in certificates only. Not cash.

Cash of course way more.