Hi guys,

If I take my dividend out in June, does that mean I lost the specific dividend from Jan to May?

If you take out the dividend on june, then you’ll only lost the dividend on june.. jan-may still count

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)

For me i can afford rm1500+ per month for asb investment, but im quite scared to commit asbf at the moment
And yes i can see i can benefits RM200,000 of compound interest but not enough ball to take asbf Rm200k

Checked on payment schedule
For rm200k = RM1458/month = 16 years

This post has been edited by myroy: Apr 30 2024, 10:09 AM

any reason? currently pay asbf of rm200k for own and rm100k for wife.

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

that why ask, why? I choose Plan B. Collecting dividen on Jan and use for holiday trip

Just 1 thing you need to ask yourself...

Can ASB dividend sustainable at 5% all time minimum for the next 30 to 40 years...

Since ASBF rates is around 4%++

You got the answer means you can make the right decision yourself

🙏

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?

its a loan, at least after a year, if u wanna stop no issue to terminate. if after 1 year, Bank B offer better lower interest, sure no prob to terminate loan Bank A and start Bank B.
Been from Cimb to Affin to Ambank and last year back to Cimb cz better lower interest rates. I take longest loan tenure, for sure I wont waiting to setle the loan, just to take the use of rm200k parking there. I use the dividen yearly not as other who targetting to get certain amount after 3- 5 years

This post has been edited by ayamxxx: Apr 30 2024, 11:42 AM

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

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.

if not in use, dont touch the dividend and let it stay in asb acc for compounding. u will get more later

bravo bro
i have 800k asbf (me 200k asb1 n 200k asb2, my wife 200k asb1 n 200k asb2)

we have cumulative dividends of 50k+ for last year only after few years compounding

my advice to all, never listen to those comments in facebook, they do not know how to fully utilize asbf, they stick with the old way of investing asbf, take loan, then every january take out all the dividends (rolling method), of course they'll say 'tak balik modal'

and for those who asked can asb sustained to give dividend more than 5%? so far in history, never once asb gave dividends lower than the rate of asbf, of course, there'll be no guarantee, but every investment has its risk, depends on you.. asbf is one of the lowest risk with high return

Just received news that ASB2 Financing quota is going to be available soon.


Let me know if anyone interested to apply under RHB.

I'm a noob. I thought asbf can be taken at any time. So there is a certain time to apply for asbf?


I saw this on fb too, saying asb2 is going to be available. Rate 4.45. or any lower?

Asb and asb2 is different fund. Both has options for financing. However asb has better dividend compared to asb2. And asb2 financing will not always available depends on quota by pnb. Because mostly asb2f takers are the one who already maxxed out 200k asbf

50mil quota has been finished for asb2f and currently pnb is adding another 50mil quota.

I can help if anyone prefer to do asb2f with rhb , rate is 4.3

Does not seems to be worthwhile anymore

ASB 2 or ASB 1

???

🤔

How so ?

Pinjam 4.X % dividend 5.X% no good meh ? Free 1 % oh by borrowing.

If open to all, I think will queue from KL to Port Klang.