Category: ASB & Investments
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Read more ›: Amanah Saham Bumiputera 2024 Income Distribution: 5.75%
ASB pays 5.5% income distribution plus a 0.25% bonus, for 5.75% total. What lands on your statement, what the bonus cap looks like, and whether a late ASB financing still pays.
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Read more ›: Cheap Chicken Eggs in Kuala Lumpur
38 sen an egg for grade C, 40 sen for grade B, 42 sen for grade A. At Pasar Besar TTDI, ten minutes from the MRT.
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Read more ›: After 14 years of ASB Financing, Can I terminate the financing?
The fact is, you can terminate the financing anytime. But, things that you can do didn’t necessarily mean you have to do. This because, according to Rule of 72, your savings was actually doubled in 14 years with assumption of consistent returns at 5.25% per annum.
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Read more ›: What to look for when looking at the cheapest medical coverage
If you are shopping around for Medical Takaful, chances you will found that some plans are really cheap. Some are relatively expensive. Aside from the Room & Board, Cashless Admission, and Annual Limit, this factor should be taken into consideration too.
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Read more ›: If ASB Pays 5.4% in 2024, This Is the Return You Actually Get
Take RM 200,000 of ASB financing at RM 988 a month and your net return is RM 2,375. Put in your own savings instead and it is RM 350. Here is the math.
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Read more ›: The larger the savings you have, the lesser you need to save
Having a saving of RM 1,000 at 5.5% distribution rate will require you to topup additional RM 945 for the amount to become RM 2,000. However, if you have saving of RM 9,000 with the assumption of ceteris paribus, you will only need to topup RM 505 to have a total of RM 10k.
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Read more ›: Interested in buying a company shares? Chances you don’t have to
If you are someone who eager to invest and make a quick buck, you will have a moment where you feel confident to buy a company that a publicly listed in Bursa Malaysia. However, fear not, you actually don’t have to buy those shares.
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Read more ›: How to determine if you should surrender your ASB Financing
Simple. Check how much you are being charged for profit. Then, compare it with total dividend you received. That’s all.
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Read more ›: What you should do if you get million in cash?
Getting RM 1,000,000 in cash is almost impossible for average working Malaysians. However, it is not entirely impossible considering the possibility of you hitting jackpot by gambling in 4D numbers or lucky enough to win BSN Sijil Simpanan Premium (SSP) or by any other means. Just in-case if this to be you, what you should…