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 ASB loan, worth to get it???

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YuNGSeNG
post Dec 12 2008, 06:42 PM

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Just curious, is the dividend of ASB always 7-8% ?


This post has been edited by YuNGSeNG: Dec 12 2008, 06:50 PM
YuNGSeNG
post Dec 12 2008, 09:20 PM

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QUOTE(darkknight81 @ Dec 12 2008, 08:02 PM)
ASB dividend has been the highest among all the PNB fund. Normally the past record is 7sen dividend plus 2 sen bonus... so is about 9% ... 7% can consider as the worst case senario already.
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ASB seem too good if compare with mutual fund or stock market (For investment but not speculation).
Wondering what is the disadvantage or risk of ASB ?
YuNGSeNG
post Dec 12 2008, 09:57 PM

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QUOTE(dcs* @ Dec 12 2008, 09:36 PM)
The only disadvantage would be applicable for non-bumiputra's. For bumi's, no risk/disadvantage at all only advantages.
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Then no meaning for bumiputera to involve in mutual fund, stock market or insurance endowment plan ?
I guess there must be some pro and con of ASB.
YuNGSeNG
post Dec 13 2008, 11:10 AM

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QUOTE(darkknight81 @ Dec 13 2008, 12:37 AM)
Of course ... for those who are greedy and want fast return they won consider ASB at all....What is 7 % per annum ??

They can earn 20% one day by trading stock (that is their mindset)

So its all depend on how you think....

But really if you got few k savings in asb you will not see much return base on 7% annual return unless you keep for long long time.

Been fans of ASW and ASM since 12  wink.gif now is almost 13 years already ... Every you can reciv dividend which is higher than FD... At least can hedge against inflation
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So, are you mean the best investment (long term investment but not speculation) for bumiputera will be ASB ?
YuNGSeNG
post Jan 3 2009, 08:18 PM

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QUOTE(Darkchild11 @ Dec 18 2008, 01:15 AM)
Agree with u on this.. I'm glad i did the OD too.. biggrin.gif
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May I know OD is it stand for overdraft ?

 

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