tag:blogger.com,1999:blog-1494223778561394064.post4058589034127804490..comments2017-05-23T21:32:08.986+08:00Comments on Invest Made Easy - for Malaysian Only: How Amanah Saham Bumiputera (ASB) Calculates Dividend and BonusShane Seehttp://www.blogger.com/profile/06983060298222800791noreply@blogger.comBlogger23125tag:blogger.com,1999:blog-1494223778561394064.post-44803636701933266342016-10-20T00:14:22.855+08:002016-10-20T00:14:22.855+08:00I see that the interest is charged only on 11 mont...I see that the interest is charged only on 11 months instead of 12 months rolling? Why is that? If by 1st January I have 50k, by 31 January I should have the monthly interest factored in rather than on the following month. Your table may be applicable with assumption that investor starts his/her asb deposit in mid january. it all depends on what deposit cut off date ASB defined. correct me if i am wrongEddy Khoohttp://www.blogger.com/profile/15225856060806892453noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-84606226960103735402016-03-27T23:41:45.367+08:002016-03-27T23:41:45.367+08:00Using my ASB earnings for 2015 as example, I manag...Using my ASB earnings for 2015 as example, I managed to derived at the actual dividend earned by using the formula given above. However I could not get the bonus amount using the formula you gave. Perhaps you could elaborate further on how to compute the bonus amount? Just curious on one thing, the higher the denominator the lower the amount will be. How do get the 120 months as the max denominator for bonus computation?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-85669612922157264832016-02-09T11:13:22.474+08:002016-02-09T11:13:22.474+08:00What is the eligibility of receiving the bonus? If...What is the eligibility of receiving the bonus? If you were to withdraw money once every few months, are you still eligible for the bonus payout?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-77719237412035436212016-01-17T15:04:43.034+08:002016-01-17T15:04:43.034+08:00Tabung Haji and most funds under PNBTabung Haji and most funds under PNBIqbal Abd Ghaffarhttp://www.blogger.com/profile/07073084677987830022noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-31554716374654651292016-01-17T15:04:26.617+08:002016-01-17T15:04:26.617+08:00Tabung Haji and most funds under PNB.Tabung Haji and most funds under PNB.Iqbal Abd Ghaffarhttp://www.blogger.com/profile/07073084677987830022noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-83122665932743013682016-01-16T15:22:28.711+08:002016-01-16T15:22:28.711+08:00Using your calculation, it seems that the bonus sh...Using your calculation, it seems that the bonus should have increment every year. but don't know why the bonus 2015 bonus is lower than last year? I don't understand. There weren't any withdraw happened last year. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-1698921478386063542015-09-28T16:17:45.175+08:002015-09-28T16:17:45.175+08:00besides asb provides for bonus, what other funds a...besides asb provides for bonus, what other funds also provide bonus?Miyaki Ooihttp://www.blogger.com/profile/14199249509177866617noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-36929966134165000552015-08-17T17:36:53.660+08:002015-08-17T17:36:53.660+08:007th of each month? Nice7th of each month? NiceAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-31368214788532405712015-04-18T15:40:15.766+08:002015-04-18T15:40:15.766+08:00Awesome! TQAwesome! TQthisisbenthttp://www.blogger.com/profile/01601659403500918420noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-25543508499626898232015-04-01T11:12:55.258+08:002015-04-01T11:12:55.258+08:00The lowest monthly balance for ASB is only calcula...The lowest monthly balance for ASB is only calculated form the 7th of each month (till last day of the month).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-53037330401274826012015-03-01T21:38:38.201+08:002015-03-01T21:38:38.201+08:00Thank you for the sharing.
Any suggestion on early...Thank you for the sharing.<br />Any suggestion on early settlement? My asb loan are as follows;<br /><br />Loan: 200k<br />Insurance: 4,370k<br />Term: 20 years<br />Interest: Blr 6.6 - 1.65 (Apr 2013 -Nov 2014) Installment: 1,345/month<br />Interest: Blr 6.85 - 1.65 (Dec 2014 - current)<br />Installment: 1,375/month<br /><br />On top of 200k loan, i have 90k in my asb account (dividen & bonus from previous cash savings).<br />So far i've let dividen & bonus for 2013 and 2014 to accumulate and compounded the following year.<br />When do you reckon is the best time to do early settlement (provided i have the money).<br />Appreciate your replyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-85404639018975030492015-02-10T07:47:02.425+08:002015-02-10T07:47:02.425+08:00Hi, I replicated your excel sheet to simulate the ...Hi, I replicated your excel sheet to simulate the actual returns I received for my ASB. I found that your sheet has one mistake with regards to calculating the returns using the lowest balance for the month.<br /><br />If an investor invests or adds new investments on the 1st of the month, then the lowest amount for the month (i.e previous month's balance) will not be used. Instead the balance + new investment will be used to calculate the returns.<br /><br />With regards to the Bonus Calculation, there are a few things that doesn't tally with my actual Bonus returns. I'm still trying to figure it out. Will share once I solve it.<br /><br />Iqbal Abd Ghaffarhttp://www.blogger.com/profile/07073084677987830022noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-89369949706374743092015-02-10T07:40:52.993+08:002015-02-10T07:40:52.993+08:00Why don't you go do your maths. An investor...Why don't you go do your maths. An investor's actual returns are dependant on the time of their investment. Would it be fair for a person who invests RM10k in early January to earn net 8% returns in ASB compared to a person who invests RM10k on 31 Dec the same year?Iqbal Abd Ghaffarhttp://www.blogger.com/profile/07073084677987830022noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-19173188801467732082015-02-10T07:36:38.987+08:002015-02-10T07:36:38.987+08:00Isn't it obvious? If it isn't allow me to ...Isn't it obvious? If it isn't allow me to explicitly tell you what the author is trying to do, he's sharing how ASB really calculates returns! What are you trying to illicit by being anonymous?Iqbal Abd Ghaffarhttp://www.blogger.com/profile/07073084677987830022noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-52858121056051271272014-08-07T10:42:59.001+08:002014-08-07T10:42:59.001+08:00this is very helpful this is very helpful khairuloramahttp://khairulorama.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-20793046469959820272014-05-04T23:18:33.260+08:002014-05-04T23:18:33.260+08:00Based on yr calculation model in Case Study 2 (201...Based on yr calculation model in Case Study 2 (2012): Total return in 2012 (dividend+bonus) is actually RM4261.53 (7.96%). R u in the position of saying that external auditors also wrong in performing their job for ASNB?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-36368610729397615172014-05-04T22:13:58.741+08:002014-05-04T22:13:58.741+08:00In case study 2 (2011): Based on yr 'actual re...In case study 2 (2011): Based on yr 'actual return' calculation, it's not 7.01%, but 7.12%. Numbers can be various, but to really understand the hidden agenda behind it is another thing. What is your agenda to come out with this calculation model?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-55677775574523599682014-01-24T04:03:07.589+08:002014-01-24T04:03:07.589+08:00RHB Bank offered rates up to BLR -1.70% p.a for AS...RHB Bank offered rates up to BLR -1.70% p.a for ASB loan. Please take note that this is an effective rate. If you convert into falt rates, it is about 2.95% only for 25 years tenure.Syed Firdaus Syed Omarhttp://www.blogger.com/profile/18234592343969108163noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-87198432133889014712013-12-31T18:30:02.691+08:002013-12-31T18:30:02.691+08:00I think it is unwise to borrow and invest especial...I think it is unwise to borrow and invest especially if the loan rate charged by the bank is higher than the current BLR 6.6%. The return of investment is marginally low around 1% and the real inflation rate is over 6%. This exclude the forth coming 6% GST in 2015.Yati Mushttp://www.blogger.com/profile/12960238550796067031noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-124705496007840212013-12-17T14:54:11.443+08:002013-12-17T14:54:11.443+08:00i took 50k ASB Loan from Maybank, Planning to add ...i took 50k ASB Loan from Maybank, Planning to add on few thousand using OD to invest in ASB..any advice plz..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-70098470854584755472013-12-06T10:18:34.112+08:002013-12-06T10:18:34.112+08:00From the context of maximizing the return of ASB, ...From the context of maximizing the return of ASB, I believe lump sum investing would be a wise choice.<br /><br />However if you intend to take a loan, please do consider the implication on your credit limit, monthly cash flow as well as the possible risk of not being able to pay up the loan installment.Shane Seehttp://www.blogger.com/profile/06983060298222800791noreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-9514358492887800302013-12-05T13:55:17.680+08:002013-12-05T13:55:17.680+08:00Based on findings, could we say that it is good to...Based on findings, could we say that it is good to take ASB loan at the max as we can to maximize the return.<br />Please advise.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1494223778561394064.post-43332255713340363932013-12-03T23:49:36.591+08:002013-12-03T23:49:36.591+08:00I have to say, this is really impressive, but y to...I have to say, this is really impressive, but y took so long? haha d thing is ive been searching and reading thru out many blogs for advise before i went and took 200k frm maybnk last jan. anyhow lets see how it'll turn out come jan 2nd. Nonetheless thumbs up!Anonymousnoreply@blogger.com