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 ASB loan, worth to get it???

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mikro
post Oct 1 2011, 09:58 PM

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486 posts

Joined: Dec 2005
From: Subang Jaya


QUOTE(cheahcw2003 @ Sep 21 2011, 01:21 AM)
The beauty is if u take 200k loan for 20 years, and serve the monthly instalment of rm1200 per month, with the power of compunded interest u can easily become a millionaire in 20 years. The only affort is to serve tge monthly instalment promptly and believe the power of compounding. Bumiputera is forced to become a millionaire if u follow the scheme.
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Unfair advantage it is, but in 20 year some may says 1mil may not be much, I will like to reiterate, it better than nothing tongue.gif

 

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