Outline ·
[ Standard ] ·
Linear+
ASB loan, worth to get it???
|
titanic_crash
|
 Jul 3 2013, 07:28 PM
|
Getting Started
|
QUOTE(Mr.Docter @ Jul 1 2013, 10:53 AM) Don't study anything yet regarding AS1M, but this sound doable. I don't know when I may reach this stage, as house & car loan should be the first to consider once you started working, yes? don't worry bro...u can buy the car with the dividend that u get... as for me, i've done the asb loan back in 2009...at the same time, also got the personal OD attch with asw cert... after 4 years which is this year, my dividend in asb is still intact, used my asw dividend for downpayment of car and also the monthly installment...still using my salary to pay my asb loan worth 250k and my wife asb loan worth 200k...  |
|
|
|
|
|
titanic_crash
|
Aug 1 2013, 10:28 PM
|
Getting Started
|
QUOTE(abcde90 @ Jul 31 2013, 07:03 PM) If asb profit is less than 7% so whats the strategy? by using asb loan, the ROI can easily get 10%... do the math |
|
|
|
|
|
titanic_crash
|
Jan 29 2014, 07:14 PM
|
Getting Started
|
QUOTE(anz87 @ Jan 29 2014, 06:18 PM) my asb loan from maybank islamic did not have the lock in period.. i applied in bangsar for your info, asb loan by maybank islamic have no lock in period asb loan under maybank conventional will have 2 years lock in period... |
|
|
|
|
|
titanic_crash
|
Nov 13 2014, 10:19 PM
|
Getting Started
|
QUOTE(syarehey @ Nov 12 2014, 04:29 AM) when is asb2 financing going to launch? i heard it will be on 17th nov...visit ur nearest maybank...heard the offer is quite good..blr-2%... currently, ive LASB 280k( mixed loan between maybank and islamic, 3 cert total)...all my cash have been transferred to my daughter...max can only invest 50k(akaun remaja) my wife also have maxed LASB 200k cimb... look forward for LASB2  |
|
|
|
|
|
titanic_crash
|
Nov 14 2014, 06:36 AM
|
Getting Started
|
QUOTE(Seng_Kiat @ Nov 14 2014, 05:36 AM) ASB2 dividend as good as ASB about 7-8% per annum? you have to wait until april next year to know the first dividen... but i think it will be lower than asb |
|
|
|
|
|
titanic_crash
|
Oct 1 2015, 06:37 PM
|
Getting Started
|
QUOTE(Seng_Kiat @ Oct 1 2015, 06:19 AM) guys, ASB bonus will be based on a few years money in it .. let say I have 250k in ASB for 10 years and I have enjoy full bonus .. 1 day, I withdraw for about RM100k and put it back after 1-2 months ... the year end, will I enjoy full bonus or I have to wait next year? Or even worst 10 years to enjoy full bonus payout? Thanks you will be entitle for the bonus, but not full... |
|
|
|
|
|
titanic_crash
|
Nov 23 2015, 09:52 AM
|
Getting Started
|
QUOTE(buggie @ Nov 18 2015, 11:49 AM) Just sharing my opinion. If I were you, i'd take the full 200k on loan even if you have the cash. Always maximize the loan as research has proven (cari gold) that you earn more from the loan because you are leveraging OPM. That cash in hand can be put elsewhere to generate even more income. eg Tabung Haji or other PNB funds or even down payment for a house which will appreciate in capital. Make your money work for you! I myself am already on 400k loan with ASB and contemplating another 200k for ASB 2 for a total of 600k loan if budget permits! IMO this is the same concept that i have used...but, i stop at 300k only because my limit is only at 305k. Now, with the lasb2 offered by maybank, i transferred all my savings into my asb2 children and take the 150k asb2 loan (50k already invest through epf acct 1) |
|
|
|
|
|
titanic_crash
|
Nov 23 2015, 12:31 PM
|
Getting Started
|
QUOTE(Davez89 @ Nov 23 2015, 11:11 AM) Will try to do as u said..and hopefully down the road can take another loan. Bro, can I know why limit is 305k? The dividend can't expand no more? it's from the accumulated dividend...for next january, i will expect to add another 22k, thus total would be 327k... however, i can no longer apply for asb loan because asnb have limited it to the 200k per person recently...  |
|
|
|
|
|
titanic_crash
|
Nov 23 2015, 12:37 PM
|
Getting Started
|
QUOTE(buggie @ Nov 23 2015, 12:14 PM) Good on you bro... always happy when I see people taking advantage of the priviledge given. Let's all prosper together. Your 2 children's ASB is filled up already? You said you transferred from your ASB2 into your children's ASB2... If still got room in ASB better put there first... if already full then....  RESPECT! yes, i withdrew all my money to give way for the loan and investment for epf acc 1 (150k(loan)+50k(epf acc 1) = max 200k) i choose to max both of my child asb2 account first due to the limited fund size (the total fund size is rm10Bil)..that is 50k each i can still fill their asb account as and when i have the money because asb have no fund size limitation... |
|
|
|
|
|
titanic_crash
|
Nov 23 2015, 02:14 PM
|
Getting Started
|
QUOTE(Davez89 @ Nov 23 2015, 01:03 PM) bro, epf 1 can be invested into asb ?? for asb can't bro... only asb2 |
|
|
|
|
|
titanic_crash
|
Dec 21 2015, 02:10 PM
|
Getting Started
|
QUOTE(nexona88 @ Dec 19 2015, 06:40 PM) Which bank offer asb loans without insurance thingy? affin bank and cimb-i offers lasb without insurance package |
|
|
|
|
|
titanic_crash
|
Feb 18 2016, 09:24 AM
|
Getting Started
|
QUOTE(mytaffeta @ Feb 15 2016, 12:50 PM) just want to ask, submitted asb loan cancellation Jan-7 and till now i havent get the extra money and insurans.. is it normal? did i get any notification once my loan has been cancelled? bank : maybank for your comparison: i have submit my asb loan termination on 4th jan...settled on 21 jan 2016..get the money through cimbclicks the GASA (insurance) also bank in through cimbclicks but later i.e 5 feb 2016 bank : cimb |
|
|
|
|
|
titanic_crash
|
Feb 18 2016, 09:25 AM
|
Getting Started
|
QUOTE(Lemang510 @ Feb 16 2016, 05:26 PM) Just submitted mine also. the officer said normally those extra money they will pay within 2 months. maybank branch -->maybank HQ -->PNB. but still need to pay monthly until they reimburse it it should be 2 weeks...2 months is too long |
|
|
|
|
|
titanic_crash
|
May 3 2016, 04:36 PM
|
Getting Started
|
QUOTE(Mr.Docter @ May 3 2016, 01:31 PM) Wow.... Neat. So basically I can get 200k from ASB 1 @ 25 years tenure and 200k from ABS2 @ 30 years. Minimum 7% from 400k which equivalent to -+ 30k per annum. Are my math correct? this year asb2 declared a dividend of 7.05..previously, it was 7.5+0.25 i'm not sure they can maintain above 7 on apr17 by looking at the current market... so, i just terminate my asb2 loan... |
|
|
|
|
|
titanic_crash
|
Oct 23 2016, 10:55 PM
|
Getting Started
|
QUOTE(archery @ Oct 21 2016, 11:15 AM) Planning to make additional fund to asb but not sure to wait for januari 2016 since already in process PNB to closed account for dividend calculations just do it now if you want.. Maybank just approved my 200k loan for 25 years at 4.9% and will be disbursed this month..so, i would get the full dividend for 2017 |
|
|
|
|
Quote
0.3049sec
0.59
7 queries
GZIP Disabled