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 ASB loan, worth to get it???

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haziqnet
post Aug 1 2022, 09:06 AM

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QUOTE(akkaz @ Aug 1 2022, 08:49 AM)
i received this error when to sell back:

The fund that you have chosen has insufficient unit balance (140)

i topup rm110, and want sell back 110. can anyone tell why?
*
what fund you want to sell?

haziqnet
post Aug 1 2022, 09:07 AM

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asb 2 quota open today. Anyone want to apply can ask me. The lowest rate in town and up to 40 years financing (max age 70 years) The quota are very limited. 1st come 1st serve basis.

This post has been edited by haziqnet: Aug 1 2022, 09:08 AM
haziqnet
post Aug 1 2022, 01:00 PM

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QUOTE(akkaz @ Aug 1 2022, 12:43 PM)
asb (asb1)
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weird have u check your asb balance? u try to redeem from myasnb portal? min redemption is 100unit or rm100. so should not be a problem if u have enough balance in you asb account. n u need to left min 10 unit in the asb account if not mistaken.

This post has been edited by haziqnet: Aug 1 2022, 01:03 PM
haziqnet
post Sep 15 2022, 12:08 PM

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just to share an insight/opinion of 2022 asb distribution. Because of the recent increase opr (3 times now) we may see a higher distribution this year. My best guess its over than 6%. So guys dun panic and terminating your asbf.

We may see more increment of opr in few month ahead.
haziqnet
post Sep 16 2022, 10:14 PM

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QUOTE(ayamxxx @ Sep 15 2022, 12:19 PM)
read somewhere, the increase of OPR to pre-covid is a sign of economy recovery. hence foresee the asb dividend might improve.
*
yes correct. So we can see a higher distribution this year.

haziqnet
post Feb 28 2024, 10:00 AM

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many fight and keep said asbf is not relevant meanwhile me who have 400k asbf (include my wife) I earn 24k dividend this year. This is the power of compounding. And now my cumulative dividen is 100k+.

my target within 4 years my asb dividen cumulative will be around 200k+.

this is not include the principal which i also get when terminate early.

so far with asbf i already earn more than 200k of dividend but some of it I use to buy a shoplot (cash).

who said asbf harms you it is your loss.

current rate for asbf is 4.35% the lowest and still below the dividend given 5.25% (2023)

haziqnet
post May 7 2024, 11:00 AM

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QUOTE(myroy @ Apr 30 2024, 10:47 AM)
just scared adding commitment, plus i follow asb fb group
Seems many people condemn asbf 

what do you think

Plan 1
Asbf - 16years for RM1458/month

or

Plan 2
asbf - 35years for RM947/month
*
always make asbf for max tenure. the less u pay is better for asbf. dont think too much about the interest u pay to the bank. u can always reduce the interest payment by paying more on the principal every month. u can use the extra money let say if u have wife to make her asbf loan too. You will get more by doing this. Or u can use the extra money for ur own use.

just make sure u apply the asbf fasility with the right method. you can message me privately if need more help.

This post has been edited by haziqnet: May 7 2024, 11:06 AM
haziqnet
post May 7 2024, 11:07 AM

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QUOTE(myroy @ Apr 30 2024, 11:26 AM)
in fb group they said not worth to take loan since % not that much nowdays

so you mention plan B = mean take longest loan tenure 35 years?
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the longest loan tenure is 40 years. loan tenure for asbf is up to 70 years. so those who is 30 years and below can apply for 40 years loan tenure.
haziqnet
post May 7 2024, 11:09 AM

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QUOTE(ayamxxx @ Apr 30 2024, 11:00 AM)
that why ask, why? I choose Plan B. Collecting dividen on Jan and use for holiday trip
*
if not in use, dont touch the dividend and let it stay in asb acc for compounding. u will get more later


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