Oct 13 2011, 12:05 AM
QUOTE(bursalchemy @ Oct 12 2011, 11:30 PM)
Is it better to take ASB loan compared to invest in public mutual equity fund?
what is the rough percentage of return if i leverage with rm20k?
I think you can only take ASB loan to buy/Invest in ASB and the share is being used for collateral.what is the rough percentage of return if i leverage with rm20k?
If you can get the ASB loan , you don't have to think twice just grab it... You almost get money for free...
If you want the loan go to Maybank, RHB or CIMB and ask for the loan. Get to the Max...(RM 200K)
For a 20 years loan you only need to have enough money to pay for the first 15 months installment.. that all.
The rest of the installment you may pay it with the dividend and bonus later.
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