This is my analysis of investing using loan. As some of you might know, investing on loan is quite popular among Malaysians. Even some banks make a fully describing brochures to attract people. One of the main confusions is the monthly pay. I noticed some banks use lower monthly payment but here, I’m going to use standard BLR + 0.4% as the interest rate which is 6.9%. Some calculations are done with the help of online calculator. There are a lot of methods to invest using loan. I will just analyse the ones that I think the best.
Update: Too tired of numbers? Use my simplify ASB calculator instead.
If you would like to share your ASB investment plan, here is the place
The data that I used in this calculation is as follow:
Interest Rate:6.9%
Dividend Rate:7%
Lending Terms: 10 years
Loan Method 1:Dividend will be used to buy more ASB shares
Monthly Payment = $587 (using online calculator)
Conventional Method 1: Invest $587 monthly for 10 years in ASB
Verdict:
Loan Method :Total Investment at the end = $98357 ( 39.63%)
Conventional Method:Total Investment at the end = $103888 ( 47.48%)
Total Cost: $587 x 120 = $70440
Loan Method 2 : Dividend will be used to pay monthly loan payment.
Monthly loan payment minus Monthtly Dividen = 587 – 291.66 =$295.33
VS. Conventional Method 2 : Invest $587 monthly for 12 months, and $295.33 for 108 months
Verdict:
Loan Method :Total Investment at the end = 50,000 ( 28.40%)
Conventional Method:Total Investment at the end = 58884 (51.22%)
Total Cost: ($587 x 12) + (295.33 x 108) =38939.64
Click For to see How I get the Numbers: Calculation Or click the Thumbnail Below
Please comment if you see any discrepancy. Thanks
Addendum:
BLR (Base Lending Rate) – A minimum interest rate set by Bank Negara. It will change over time and not fixed.
Dividend – Distribution of earnings to shareholder. ASB’s dividend is around 7-8% each year.
#1 by Meo on February 21, 2008 - 1:39 pm
Yes I applied and got it. But frankly speaking, I am still considering and pondering on whether it is worth accepting it because I am concern about the next 5 years if ASB could actually maintain the dividen rate of minimum 7% + bonus or not. So I come to you all wise investors here who may be able to shade some light to me of how I could get hold of ASB’s Dividen+Bonus Track Record on their dividens and bonuses for the last 5 years (2001 – 2006). Maybe Irwan or anyone else can help me please?
Fazrina….congrats on your 100K loan offer tomorrow. How many percent CIMB’s interest rate per year? Maybank asking for 1.5% first 2 years and the remaining 3 years at 1% for kadar pinjaman asas. But they also said, pada masa kini Kadar Pinjaman Asas Bank ialah 6.75%….ummm what does this means? Does it mean, I have to pay 6.75% total interest rate or do I also have to add the 1.5% (for 2 years) + 6.75% which is = 8.25%?? What is ‘kadar pinjaman asas?’ Is that BLR? Sorry I am not well verse in bank’s terms and translation.
Thank you.
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#2 by Fazrina on February 21, 2008 - 1:47 pm
Am not yet a REALLy wise investors…I’ve just started… I have a blog..www.marinamalim.blogspot.com… was just about to post about the track records of ASB performance since 1991. I will post it tonight, so come check it out tonight then..
CIMB offered me 5.30% for the first three years and -1.3 BLR for the remaining 17 years (I applied for 20 years tenure). Yes this yeear BLR is 6.75..
Take for example the remaining 17 years is -1.30 BLR. say if the BLR on my 4th year is still the same.. means the interest rates that they’ll be charging me is 5.45%. but if the BLR shots up to 8% then -1.3%, i’ll be charged at 6.70% of that year. come to my blog chat column to chat directly.
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#3 by Meo on February 21, 2008 - 2:57 pm
Just to inform that I have found the Dividen Bonus Tract Record of ASB for the last 15 years from Millionair Mommy website. Thank you Fara…. Great investment sources you got there.
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#4 by dodol on February 23, 2008 - 8:37 pm
mane bank yg offer asb loan bagus?cimb ke rhb ke maybank?tolong2….
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#5 by Fazrina M. on February 23, 2008 - 11:44 pm
As for the offer now.. I think CIMB offers the best promo… Go check it out…
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#6 by zigg on February 25, 2008 - 2:25 am
Hi all,
Very interesting blog. Anyhow I just want to correct some miss-conception. If I’m not mistaken, ASB is based on pro-rated calculation per year means it is calculated monthly.
Now if somebody puts in RM100,000 into his/her ASB account on January 2008, let’s say this year PNB declared 8% dividend they will get RM 8000.00 in their opening earned-balanced next year (actual figure would be RM7k after fees deduction). This is definite as income generated is based on, at the time the amount is stocked into your account.
Conventionally, even if one save his/her money monthly into ASB account say, 8333.3333333333333333333333333333 (you won’t get your first RM 100,000 in January 2008, heck not even till December).
To reach RM 100,000 he/she would not receive the same amount of ROI (Return of Investment) the same as having the money in bulk which is why ASB loan is still lucrative to me as you are earning positive income. Be it 1% / 1.5% per year after deducting it from Bank’s loan interest (mind you, I’m using ASB loan as a based for re-investment to buy properties on downpayments etc.). Having said, bumiputra lacks the power of cash in-hands in a short period time, I use this method.
Sincerely, I have tried both method, the loan method proves to me more sense than savings monthly as ASB return are made pro-rated (monthly) not yearly. Tak caya try buat 1(satu) taun simpan bulan-bulan untuk get, say 10,000 by year end and the other bukak ASB loan amount at RM 10,000 lump sum. By January next year see which one match the calculation say 8% dividend payout. Imagine if this year for some reason you missed out 1 or 2 months to deposit into your ASB account.
Orang kata jgn tamak, yes with loan you pay the bank more with interest but do you have a large amount of money as above to start with if it’s not without loan.
The only glitch that I can see if the BLR goes up and eat up my positive income from ASB dividend. But hey, isn’t investing is about risks and returns.
My next project will be on Unit Trusts and the other is getting a short term ASB loan for short term investment (Obviously, this could save you a lot on interest paid BUT then again, if you are willing to pay high monthly). For now I am comfortable with my ASB long term investment. For me I don’t care much about the interest I have to pay to the bank as long as it generates positive income for me. At the end of the day, after serving your loan tenure for how many years there maybe, you still receive the capital amount i.e. RM 100,000. For me, this method works (means of getting cash in hand fast) and of course I won’t discipline myself to save money into ASB account monthly.
P/S, I do not include bonus payout declared each year as it is based on if you have an ASB account for more than 10 years or so. So to those who has opened for more than 10 years in ASB, check out the bonus, is it worth or not? I say it is still worth even if it generates small income.
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#7 by zigg on February 25, 2008 - 2:47 am
Just check out Irwan’s link on ASB OD (Over draft facility) under RHB ASB loan – http://www.irwan.biz/category/asb/ . Pls download the document “Pengurusan_Kewangan.doc”. Thanks bro.
This could be used to nail down my CIMB Flexi OD faciltiy which is currently at 12.6% per year. That just gave me an idea of having flexibility in my cash management and yeah, ever since I have this OD I don’t have to fork out more or pay more for my Credit Card – 18% per annum (offically in July 2008 will be 15% per annum as instructed by Bank Negara). No more credit card for me since I have this OD facility.
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#8 by roslik on February 25, 2008 - 1:36 pm
I’m thinking…
1. I have Rm 20K and I’ll invest in ASB for OD of 95% from RHB.
RM 20 K x .95 = RM 19 K
2. I’ll apply for ASB loan of RM 180 K. Monthly installent of RM 1.5K for 15 years..here, I’ll use my OD to pay for the installment
RM 1.5 K x 12 = RM 18 K
3. After a yr, I’ll get dividend of 8% from ASB
RM 200 K (RM 20K + RM 180 K) x .08 = RM 16K
4. I’ll use the dividentd to settle my OD.
5. After 15 yrs, I will have RM 200 k (-RM 18k of my own money) and few K balance in my OD which i could easily settle using the RM 200 K.
6. Mana nak carik RM 20 K?….go to step no 1..he he..
Regards,
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#9 by idzuan on March 4, 2008 - 5:05 pm
that’s quite an idea mr. roslik has..
is it practical?
what do you think, irwan?
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#10 by DaMia on March 6, 2008 - 3:57 pm
Gile lame forum nie! almost 1 year
ramai yg explain n bg opinion in English..
Nak kate xpaham..paham la jg..
nak kate paham ader gak yg xpaham..
ape kate someone explain in Malay.
mane yg lebih baik/bagus?
buat asb loan atau simpn duit sendiri dlm asb every month?
mane yg lebih menguntung kan?
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#11 by dell on March 7, 2008 - 9:02 pm
benda ni sbenarnya sama ada korang boleh disiplin ngan x jerk..kalu rase2 x bleh disiplin, buatla loan. mACAM POTONGAN gaji yang dibuat tiap2 bulan, pon kadanng2 x bleh jalan gak..macam aku, cukup bulan ade jer mamat yang samer tanyer aku duit potongan gaji asb dah masuk ker blom..bler aku check rope2nyer 10 hengget jer buat potongan tiap bulan, 2pon xleh nak disiplin!! bagi aku kalu saper2 yg xleh disiplin, bler duit dalam buku dah lebih seribu buatla sijil, so at least korg x nampak duit dalam buku tu. ni cadangan jerk.. lagi satu kalu korang pikir2.. agak2 dalam 10 @ 20 tahun akan dtg duit korg bleh x sampai 100k kalu simpan tiap2 bulan dengan perangai gitu..tepuk dada tanya kocekla beb
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#12 by NZN on March 10, 2008 - 12:11 am
I have been reading this blog for quite sometime. Informative and good for discussion. Well, this is just my point of view in term of ASB loan for investment purposes.
1. Although on paper actually it is very tempting, you can get 10k to 200k loan by paying monthly installment to the bank while enjoying the high ASB dividend and bonus (if any).
Well, my works involved looking at a lot of numbers, question whether ASB loan for investment purpose beneficial to us? Answer is depends on the following factors:-
1. INTEREST RATE RISK. Interest rate charged, I.E BLR 6.75%. For examble, CIMB offering 5.3%pa for the first 3 years and the balance 7/12/17 years depend on BLR -1.30%. For risk management purpose, the first 3 years interest charged, there won’t be any suprises, but the balance of the loan is subject to interest fluctuation.
2. LIQUIDITY RISK. The x factor that rarely considered. Remember, by taking loan you’re commtting yourself to long term commitment. Using example above, first 3 years if you do cancel the loan it will be suject to 3.5% penalty. For example, if you’re using investment method of saving, i.e 500 per month = 1 year 6,000 dividend maybe around 192 (dividend of 7%)? Loan method roughly around RM70,000 for 20 years with ~RM500 installment payment will net you 4,900 (dividend of 7%). Look like you making gain, right? Not really. You free cash flow for investment is 6,000 192=6,192. Loan 4,900 (principal of 50000 is lock until end of term loan). In an emergency you be better off with investment method rather than loan method. UNLESS you really do not need the money, loan method will eventually gave you positive free cash flow compared to investment method at the end of the loan term. Although, the free cash flow for loan would exceed investment method only if dividend rate is at least 9% and above and BLR is constant (i doubt that). Why free cash flow important? In the event cash is needed, all your hardwork is there to save you.
3. JOB SECURITY. Simple, if you do not have permanent position job, don’t risk it. Save you money and do not indulge yourself to take loan. Those who have job security, although ASB loan can be afforded, do take consideration that whatever loan taken would add up in bank assessment for future loan. Example, if you have not bought a house and committed to housing loan, do be careful when opting for ASB loan as loan installment for house car ASB loan would be considered in the calculation of the 1/3 or 40% rule for installment capacity repayment by the bank.
But wait a minute, i never said ASB loan is not good. It all depends. If you able to commit yourself to pay ASB loan for the full tenure (i find that long term loan, 20 years would be beneficial to stretch your money) you actually will end up with more money than conventional investment monthly method. But you will exposed yourself to interest rate risk, liquidity risk and also job security. No job, no money, no loan capacity repayment unless swipe from your earlier dividend from the ASB loan.
Would i take ASB Loan? Well, it depends on how much money i want to subject to higher risk in order to gain more in the future. You will gain if no withdrawal of the dividend is done (compounding effect) and if dividend rate > ASB loan rate. Margin spread must be at least 4-5% in order to enjoy positive cash flow during the loan tenure. If dividend remain at 7-7.5% over the next 20 years and BLR remain constant at 6.75% over the 20 years, you will make positive cash flow gain at the end of the loan tenure. During the loan tenure, your cash flow is adverse compare to the investment method.
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#13 by moscowlove on March 20, 2008 - 3:20 pm
im malaysian student studying in moscow.would like to ask u if i want the money example 100,000 in 5years,how much do i need to pay monthly for asb loan?since i will b getting monthly alowance,i need to know how much do i need to pay every month.please help me with the details
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#14 by adymfi on April 3, 2008 - 10:16 am
Salam sejahtera!
Pada pandangan peribadi saya lah, pinjaman(loan) memang amat berbaloi dan menguntungkan. Sebab apa saya katakan demikian? Ok, katakan kita mengambil pinjaman sebanyak 200K. Untuk tahun pertama sahaja, saya ulang sekali lagi, untuk tahun pertama sahaja kita mengeluarkan modal untuk membayar pinjaman tersebut.
Ramai yang cakap oh.. bank jadi lintah darat ambil untung mudah daripada kita yang buat loan ni. Dah tu, kita ada duit 200k tunai ke dalam tangan sekarang untuk letak dalam ASB? Orang nak berniaga pun kena ada modal. Bank pun nak berniaga jugak. Dia bagi kita modal, mestilah dia nak kembali modal + untung. Kita pon kalau berniaga kita nak untung. Logik ke kita beli milo setin kat pemborong harga contoh 7 ringgit, kita jual kat pengguna lain dengan harga 7 ringgit jugak? Di mana rasionalnya? Jadi kita sebagai golongan yang tak berduit ni kenalah pinjam duit kat bank untuk melabur.
Ok, berbalik semula pada perbincangan tadi. Kakanlah saya ambil loan sebanyak 200K dengan bank dan pihak bank mengenakan bayaran bulanan pinjaman ASB saya 1500K sebulan, termasuk insuran. Dan saya hanya membayar sejumlah 18K setahun sahaja. Sekiranya PNB mengumumkan dividen tahun tersebut sebanyak 10%, dalam akaun saya akan dikreditkan 20K. Saya hanya mengambil 18K daripada amount tersebut untuk membayar bayaran pinjaman tersebut. Begitulah seterusnya sehingga pinjaman habis. (Disyorkan ambil pinjaman 20 tahun untuk kurangkan bayaran. Jadi.. siapa yang tolong bayarkan pinjaman saya? PNB lah bukan saya yang bayar. Saya cuma modalkan 18K sahaja. Bila ada yang kata kalau saya simpan bulan-bulan sebanyak 1500 dah kaya dah k. Saya kata pulak, siapa kata saya tak boleh simpan 1500 bulan-bulan. Saya masih boleh simpan 1500 sebulan tapi saya juga bayar 18k setahun(untuk modal 200K).Buktinya.. saya simpan 1500 kat asb, + saya bayarkan lagi 18K sebulan untuk loan(Modal 200k saya tak usik sebab dak cover dengan duit dividen yang dibayar pada bank).Cuba kira sendiri berapa banyak saya boleh simpan. (1,077,124.88 selepas 20 tahun, tapi kalau kitasimpan 1500 sebulanlah… banyak tu beb)
Sekiranya dividen tahun tersebut 9%, saya akan dapat 18K atau jika kurang daripada itu saya hanya perlu tambah sedikit sahaja.(So far dividen ASB tak pernah kurang daripada 7 persen). Jadi, saya tak nampak di mana ruginya saya ambil loan ASB tersebut. Saya bukan bayar guna simpanan duit saya. Saya bayar guna duit dividen daripada PNB. Duit tu pun bukan saya nak guna sekarang, saya nak guna bila dah bersara nanti. Katalah selepas 20 tahun nanti saya dah ada 200k dari simpanan ASB dan 200k daripada simpanan KWSP. Saya akan keluarkan 200k daripada KWSP dan saya akan simpan dalam ASB. Wow.. bayangkan saya ada 400K dalam asb untuk sara saya sepanjang hayat bila dah bersara kelak. Saya tak perlukan duit anak-anak saya.(kalau saya meninggal pon ada insuran yang akan bayarkan 200k tu, jadi anak dan isteri dapat lah jugak daripada tak dapat apa-apa langsung)
Terus terang saya katakan yang saya memang tak ada disiplin untuk pergi ke bank tiap-tiap bulan untuk simpan duit. Saya juga tak ada disiplin untuk tak ambil duit tunai dalam akaun bila dah banyak.(Kucing kalau nampak ikan depan mata, kalau tak makan pon dia akan cium). Oleh itu saya rela ambil loan sebab saya tau saya tak boleh ambil duit tu.
Dan adalah terlebih elok saya ambil loan daripada saya tak buat apa-apa. Kalau tak mampu nak bayar terminate je. Esok lusa kalau dah ada duit buatlah loan semula. Kalau takat cakap bergegar-degar macam tin kosong pon tak guna jugak.
p/s: Perjalanan beribu-ribu kilometer bermula dengan langkah pertama.
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#15 by adymfi on April 3, 2008 - 12:30 pm
Salam sejahtera!
Ada orang yang kata pelaburan dalam ASB tak Islamik. Betul ke? Ada yang suruh saya labur dalam Public Mutual yang Islamic macam Public Ittical. Betul ke Public Mutual tu betul-betul Islamic. Kalau betul baguslah. Tapi anda tak kan tak tahu, Public Mutual tu anak syarikat Public Bank Berhad. Manakala public bank tu siape yang punye? Walaupun dia katalah berlandaskan syariah tapi, kalau bukan orang Islam yang punya, modal tu dia dapat daripada mana. Bank yang terang-terang bukan owner orang Islam ni mana ada kira halal haram. Dia pukul rata je. Sama lah kalau kompeni Magnum ataupun Sports TOTO lancarkan dana Islamic.
Kalau kita simpan dalam ASB at least kita tau PNB tu siapa yang punye. Public Bank tu modal dia daripada mana? Kalau kita dah tahu bank tu pun bukan orang Islam yang punya, terang-terang kita dah tahu pelaburan dia ke arah mana. Takkan kita nak sokong bank yang bukan orang Islam punya kot? Tapi itu cuma pandangan saya secara peribadilah. Jadi, fikir-fikirkan lah.
p/s: Akhir zaman ni nak cari pelaburan yang 100% halal pon susah.
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#16 by Ahmy on April 3, 2008 - 4:30 pm
Sebelum kita bercakap mengenai Public Bank itu dipunyai oleh bukan Islam dan sebagainya, kita kena memahami konsep perbsnkan Islam di Malaysia itu sendiri. Sebelum 2006, bank komersial di Malaysia melaksanakan sistem “window banking” di mana setiap cawangan menawarkan pilihan perbankan konvensional mahupun Islamik mengikut pelan induk perbankan Islam yang dikeluarkan oleh Bank Negara Malaysia (BNM). Selepas 2006, barulah setiap bank komersial menubuhkan anak syarikat perbankan Islam dengan keujudan Hong Leong Islamik, RHB Islamik, Maybank Islamik dsbnya di bawah konsep 1 payung seperti yang disebutkan di atas.
Permodalan bagi “window” perbankan Islam datang dari peruntukan yang dikeluarkan daripada peruntukan bukan faedah setiap bank komersial. Setiap bank yang ingin menawarkan perbankan Islam diMESTIkan mempunyai MAJLIS PENASIHAT SYARIAH sendiri yang bertanggungjawab mengawasi perjalanan operasi bank tersebut supaya tidak terkeluar dari landasan syarak. Sistem perakaunannya pula diASINGkan dari perakaunan sistem konvensional untuk memastikan tiada percampuran hasil antara kedua2 sistem.
Bercakap mengenai Public Bank dimiliki oleh bukan Islam adalah pada pandangan saya satu langkah yang terkebelakang. Walaupun dipunyai oleh bukan Islam, mereka mesti mematuhi syarat2 ketat yang dikenakan oleh BNM sebelum dibolehkan untuk menawarkan perbankan Islam. Jadi, saya tak nampak di mana logiknya kita tak boleh melabur di dalam anak syarikat Public Bank iaitu Public Mutual.
Seseorang yang ingin melabur di dalam saham amanah semestinya mengetahui bahawa wang yang dilaburkan oleh syarikat saham amanah bukannya datang dari peruntukan syarikat sebaliknya melalui kumpulan wang dari para pelabur sesuatu dana.
Kalau bercakap untuk melabur di dalam saham amanah PNB seperti ASB dsbnya yang kononnya diuruskan oleh orang Islam, cuba renungkan fakta berikut :
1. Jawatankuasa Fatwa Kebangsaan tahun lepas mengumumkan pelaburan dalam saham amanah PNB adalah harus. Bagaimanapun, fatwa yang dikeluarkan oleh Majlis Fatwa Selangor pada 16 Februari 1993 menyatakan :
“Ahli Jawatankuasa Perundingan Hukum Syara’(Fatwa) yang hadir bersetuju memberi pandangan bahawa. oleh kerana pelaburan ASB pada masa ini terdapat pelaburan di tempat-tempat yang bercanggah dengan hukum syara’. maka ia tidak diharuskan sehingga pihak ASB membersihkan dari tempat-tempat tersebut.”
Setakat ini, setahu saya, fatwa ini belum ditarik semula.
2. Public Mutual mempunyai MAJLIS PENASIHAT SYARIAH untuk memastikan pelaburannya selari dengan hukum Syarak. Adakah PNB mempunyainya? Jawapannya tidak.
3. Majlis Penasihat Syariah Public Mutual menetapkan dana Islamik syarikat tidak boleh melabur di dalam :
a) Bank konvensional
b) Insurans konvensional
c) Syarikat perjudian
d) Pengeluar barangan tidak halal
e) Penganjur kegiatan hiburan dan lain-lain yang bertentangan dengan syarak
f) Pengeluar rokok
Cuba lihat di mana ASB melabur berdasarkan laporan tahunan 2007 nya? Pelaburan kedua terbesar adalah di Maybank sebanyak 24% & beberapa bank lain. Selain itu, ia juga melabur di dalam British American Tobacco.
Jadi, saudara boleh fikirkan sendiri, yang mana lebih SYARIAH COMPLIANCE, Public Mutual yang diuruskan oleh bukan Islam ataupun PNB yang diuruskan oleh Melayu/Islam?
Pilihan di tangan masing2. Wallahualam.
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#17 by adymfi on April 4, 2008 - 10:35 am
Saya secara peribadi berpandangan, saya sebagai seorang Islam wajib menyokong semua dana-dana yang dikeluarkan oleh kerajaan terutama dana-dana yang dimiliki oleh PNB. Secara umumnya adalah menjadi tanggungjawab kerajaan (Islam)mempastikan dana-dana yang dikeluarkan oleh PNB terutamanya ASB itu halal. Terbukti baru-baru ini Majlis fatwa kebangsaan sebulat suara memfatwakan halal bagi dividen yang dikeluarkan oleh ASB.
Jadi, secara rasionalnya, saya tak nampak kenapa orang Islam perlu ambil dana-dana yang dikeluarkan oleh orang bukan Islam. Saya yakin, sekiranya 100% kaum bumiputera terutama yang beragama Islam menyokong penuh dana ASB (contohnya atas alasan dividen yang diberi sedikit), sudah tentu PNB akan luaskan skop perniagaannya dengan lebih jauh untuk mendapatkan keuntungan yang lebih tinggi, waima secara tidak langsung ia akan memberi pulangan dividen yang lebih tinggi kepada pelanggan.
Salah satu sebab agihan ekonomi Islam menjadi lemah adalah disebabkan oleh campurtangan Institusi bukan Islam dalam mempengaruhi ekonomi orang Islam. Saya amat optimis dengan alasan penawaran terhadap pelaburan berlandaskan hukum syariah, panel syariah yang diluluskan dan macam-macam lagi yang semuanya Islam lah, tidak ada yang tidak Islam melainkan Islam belaka. Orang kita ni memang sensitif bab-bab Islam ni. Jadi, secara tidak langsung, mereka ni (public Bank, Hong Leong bank, dan bank-bank seangkatannya) menangguk di air yang keroh. Secara sinikalnya, dulu orang kata ASB ni tak Islamik sebab laburkan dalam Maybank atas alasan Maybank tu mengamalkan riba. Itu baru Maybank (jangan lupa Maybank tu bank milik bumiputera). Tapi mereka lupa pulak Public Bank di mana bank yang bukan kepunyaan Bumiputera yang beragama Islam, of course lebih banyak riba nya.. beribu kali ganda besar putar alam bisnesnya. Sama lah Contoh Bank Carlsberg yang keluarkan dana berkonsepkan Islamik (Islamic Fund), Saham magnum yang keluarkan Islamic Fund (contoh lagi). Oleh itu mitos bank-bank bukan bumi ini telah berjaya mencipta mitosnya sendiri untuk mempengaruhi pelanggan Islam.
Contohnya, kenapa semua pengguna Islam tak nak simpan duit kat Bank Islam? Bukan ke sah-sah kit dapat bantu menjana ekonomi orang Islam? Kenapa semua pelabur Islam tak nak labur duit kat tabung haji? Bukan ke kita dapat menjana ekonomi Ummah jugak disamping boleh membantu mereka yang memerlukan? Disampung berdikit-dikit boleh pergi ke tabung haji. Saya bukan seorang yang tipikal. Tetapi saya terfikir, kenapa bangsa saya tak nak simpan duit dalam dana yang dikeluarkan oleh bangsa saya sendiri? Kalau bangsa lain berebut-rebut menyokong dana yang dikeluarkan oleh bangsa mereka, tapi kita…? Ke mana hala tuju ekonomi bangsa kita? Saya berpendapat, tak salah kalau saya tanamkan sedikit semangat kebangsaan dalam diri saya. Saya nak bantu ekonomi bangsa saya, saya nak bantu anak bangsa saya? Bagaimana saya nak bantu? Saya simpan la sedikit duit dalam ASB, Bank Islam dan Tabung Haji.
Saya berpendapat, saya tak rugi kalau tak SIMPAN dalam dana PUBLIC MUTUAL ala-ala Islam. Saya boleh simpan dalam ASB, saya boleh simpan dalam Bank Islam, saya boleh simpan dalam TABUNG HAJI. Kepuasan sebenar bagi saya adalah saya dapat membantu menyumbang kepada ekonomi bangsa saya sendiri. Itu cuma pandangan peribadi saya saja.
p/s: Matlamat tak menghalalkan cara.
[Reply]
#18 by KakTi on April 4, 2008 - 11:50 am
Sebenarnya fatwa yg dikeluarkan mengatakan keuntungan dari ASB tu harus bukan halal ya. Ada perbezaannya.
[Reply]
#19 by adik on April 24, 2008 - 12:57 pm
Salam buat sume…
Tahniah irwan…ruangan yang sangat berguna…
Saya tak pandai BI tapi saya faham apa yang saudara/saudari tulis.
Ni pengalaman saya…
Ayah saya seorang remeiser di Alliance Investment bank.Dan saya telah mendengar nasihat dia.Saya telah membuat loan ASB sebanyak RM200k selama 20tahun.Setiap bulan kena bayar RM1400.
Setiap bulan saya terpaksa bayar instalment hasil dari duit gaji.Hidup saya selama 20 tahun hanya akan bayar loan asb.Kehidupan saya x mewah.mampu pakai waja saje gara2 nk bayar loan yg banyak.
Tapi satu sen pun saya tak ambil dari bonus dan dividen.jika dikira sehingga habis saya bayar loan saya akan mendapat lebih kurang RM1010000 tanpa mengeluarkan dividen dan bonus.
Saya bayar loan=RM1400*12*20=RM336000
Saya untung RM674000….
Walaupun kita nampak Maybank mengenakan keuntungan tinggi tapi pulangan kita sangat besar..Pinjam RM200k tapi kena bayar RM336k…kita rugi RM136k…Padahal kita akan dapat RM1010000(untung RM336000)…
Kalo saya just simpan dan tak buat loan…
Bila saya akan dapat sejuta?
Kalo saya x buat loan dan hanya simpan dalam asb setiap bulan dgn bayaran RM1400 sebulan,selama berapa lama nk dapat sejuta?
Cuba kira dan fikirkan…
Buat loan ni adalah sangat baik…win win situation.dah pinjam duit orang takkan tak bagi balik untung kat dia…cuba fikir logik.jgn risau pada BLR…Sbb Bank Negara ada record sumer peminjam.Dia x kan bunuh org yg buat loan ASB.Saya bukan x nak melabur dalam unit trust,saya x nk main dgn risko biarlah simpanan saya terjamin.Da abis bayar loan nanti baru masuk mende lain.Lagi satu sesiapa yang buat loan d Maybank kene amik insurans (bank lain x pasti).Insurans ni kalo kita x bley bayar,lumpuh,atau mati dia akan sambung dgn bank.Jika ditakdirkan anda mati loan anda akan disetelkan oleh ins dan waris akan dapat.Oleh itu,sape2 rase nk mati awal,cepat2 la buat loan RM200k.At least waris anda akan ingat anda walaupun anda tiada.haha.Saya harap anda sume nampak dan faham apa yg diceritakan…
Tapi terpulang pada individu…
Bulan 1
iv ASB(Amanah Saham Bumiputra 9%)
iv ASM(Amanah Saham Malaysia5-6%)
iv ASD(Amanah Saham Didik7%)
Bulan 4
Bulan 7
Bulan 10:Div ASW(Amanah Saham wawasan 7-8%)
Lepas da bleh bayar installment asb loan every month and ada duit lebey,masukkan pulak dalam amanah saham di atas.
Cuba bayangkan,setiap 3 bulan ja kita dapat dividen.Ni belum lagi anda punya EPF or KWSP or lain2 bonus…Alhamdulillah,setakat hari ni hidup saya sederhana dan enjoy walaupun tak kaya sbb bayar loan.Saya seorang eksekutif TNB.Hasil ni sumer akan saya tuai dalam 17 tahun…
Bagi saya,ni cara yang terbaik untuk penuhkan ASB anda…Selamat mencube…
[Reply]
#20 by Awi on April 24, 2008 - 4:44 pm
ASM semua,
Jgn ambil jgn mudah dengan buat loan sbb…kalau tak buat loan lagi banyak yg kita dpt. Tahukan adik bhw kalau kita melabur sebanyak RM1400 sebulan selama 20 tahun kita akan ada hampir RM740,000 dlm simpanan berdasarkan keuntungan 7% setahun? Nak lagi selamat simpan dlm tabung haji sebab dengan faedah cuma 5.5% setahun kita mampu mempunyai simpanan sebyk RM618,000 dlm tempoh 20 tahun? Dah la tu…zakat dibayar lagi. Sedangkan BLR bank boleh naik anytime. Pengiraan yg saya dpt berdasarkan kaedah compounding interest. So, telah terbukti bhw simpan sikit2 mampu menjadi bukit drp gunakan loan yg mungkin blh menyesakkan hidup. Thanks
[Reply]
Sheik reply on May 2nd, 2008:
Awi,
Could you please show us the calculation for compounding interest? I have a big capital for ASB @480k with RM3200/month installment. Looks like saving constantly every month can generate more than taking ASB loan.
Really appreciate your reply.
[Reply]
#21 by Kema on April 27, 2008 - 6:48 pm
Halo, bole tolong reply ke email saye mengenai asb dan personal loan from RHB? Saya memmerlukan guidelines.Thank you..
[Reply]
#22 by Kema on April 27, 2008 - 8:00 pm
hermm….saye dah check forum2 lain pasal asb loan,personal loan la..tapi tak tau bank mana baguss..arghhh!! dan saye still tak paham lagi dengan OverDraft..hermm..saye hanya keje dengan insurance company..hanya insurance insurance insurance saja saya tau…huh!irwan..boleh bantu saye..email to me at cateyes_18@hotmail.com..thank u so much…!!
[Reply]
#23 by FarinaM on April 27, 2008 - 8:10 pm
Jom chat di site saye… saye boleh tolong explainkan. Saye pon ambik loan asb 2 bulan lalu.
http://www.marinamalim.blogspot.com
[Reply]
#24 by aidilfitri on May 1, 2008 - 4:08 pm
is it good to take asb loan from rhb? are there any differences of taking asb loan between rhb, maybank & cimb? instead of insurance?
pls help..
[Reply]
FarinaM reply on May 1st, 2008:
Hi aidilfitri, it depends on the loan package promotion they are offering at them moment. Last two months ago CIMB ASB loan looked more attractive than the others.
[Reply]
#25 by sepu on May 1, 2008 - 6:32 pm
sorry, ketinggalan jauhhh..
saya cuma nak menyampuk kenyataan ‘adymfi’ kat no. 267…
saya harap cik/puan adymfi masuk sekolah balik aa.. semua org islam mmg nak kepada islam. Tapi tengok pd keyataan tu, mcm guna akal logik je.. Mana boleh.#$@%&^
u tak boleh tuduh sebarangan gitu & sokong sebarangan gitu.
elee..macamlah u boikot supermarket @ hypermarket. y ustaz tak halang org muslim pergi ke supermarket. padahal ia milik bukan islam.
nak saya jwb ke? ..
walaupun supermarket tu milik non-islamic, tapi dlm tu ada jual produk halal. kalau u betul2 tak nak barangan jualan non muslim biarpun brg tu halal, u pergi lah travel cari kedai muslim.
2nd.. bab product makanan. u beli base pd tanda halal or siapa yg buat? kalau u tak yakin kepada JAKIM yg beri tanda halal,… tu menyusahkan diri namanya.
so. sama gak dlm finance. kat malaysia ni, BNM & SS yg control (melalui majlis syariah). kalau bab makanan, jakim yg sahkan. bab $, BNM yg sahkan syarikat tu syariah or tidak. asalkan ikut kehendak syariah dan BNM puas hati, ok la.. apa? ingat senang ke bapak company tu nak sesaja istihar dia islamic? kena saman dek BNM, imej jatuh, bisness hancur, saham jatuh dan lagi dan lagi. kalau bisness kedai kopi boleh aa tipu islamic or tak.. kos kerugian kena saman tak teruk sgt banding sykt besar..
buat apa kita nak pening kepala. kalau pihak berwajib kata islamic, terima je lah.
oooo..maybank kepunyaan org islam, so islam lah sistem tu. mudahnye u buat kesimpulan. bih tu, genting tu..kepala dia, Tun hanif omar. Y u tak kata genting tu islamic?
kita ni negara islamic, Y tak jadikan al-quran & sunnah sebagai rujukan utama?…hehehehe..
ah.malas aa nak ckp……. kang jadi buku lak. lu fikir aa sendiri…
[Reply]
#26 by Sheik on May 2, 2008 - 6:19 am
Irwan,
Related to ASB. I took a loan (as a capital) for ASB about RM480K start on Jan 2006 with monthly installment @ RM3200/month for 20 years (BLR + 0.4%). Is it ok if I cancel all the loan and deposit all the monthly installment(RM3200) constantly in ASB every month? Which one is better in return for long term?
[Reply]
#27 by Fazrina M. on May 2, 2008 - 9:07 am
Use Irwan’s calculator! =) very useful to calculate
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#28 by Awi on May 2, 2008 - 9:54 am
Sheik,
If you save RM3200/mth constantly for 20 yrs, your money will grow up to RM1,684,422.79 even with just 7% annual interest. So, think carefully which one is better…taking the loan or save regularly. Just search in the Google for coumpounding interest calculator and you will get the idea. Thanks
[Reply]
#29 by salem on May 4, 2008 - 10:35 pm
My formula :-
take RM20,000 loan for 10 yrs at RM220/month and pay double (RM440/month). This will cut down the loan term to half and also the interest paid.
meaning in 5 yrs, i will get my capital of RM20,000 plus yearly bonus of RM1,600×5= 8,000(8%/year). Total capital gain after 5 years is RM28,000.
In taking loan, discipline is important and we are willing to pay more than what the bank request per month.
[Reply]
FarinaM reply on May 6th, 2008:
True! I’m applying the same method. Trying to get my loan of 20 years finished in 10 years time.. that’ll be by 2018. Insyallah~~~
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#30 by hawa on May 6, 2008 - 5:58 pm
hi all.. this kinda discussion does open up my eyes on the ASB loan risks..especially in the current economy trend. I m currently trying to decide on an emergency financial plan- Life Insurance vs. ASB loan becoz if anything uncalled for happen to me, my family may get the lump sum value of the loan minus the worry of the monthly debt. Anyone can help to advise?? Insurance or ASB loan?
[Reply]
FarinaM reply on May 6th, 2008:
Hi Hawa,
read the link below:
http://marinamalim.blogspot.com/2008/02/asb-loan-scheme_23.html
I hope that’ll help you.
Cheers,
Marina
[Reply]
#31 by Amerz on May 8, 2008 - 2:07 am
Aku baru ja survey loan untuk ASB nieh,
Maybank/Cimb/RHB and RHB is the best loan. BLR -1.25% .
Aku cadang nak buat Loan 80K for 20years.
Yang aku confuse kat sini, Max investment ASB is 200K. Apesal korang sembang sampai juta2 nieh.
Dividend dia akan multiply ngan 200K jugak even though korang punya ASB ada 2juta.
kalau tak, no point la ASB buat Max 200K.
Dan aku tgk Calculator Irwan pun still calculate dividend multiply ngan investment more than 200k.
Correct me if i’m wrong,
Usha sini http://www.asnb.com.my/english/asb.htm
[Reply]
Sheik reply on May 9th, 2008:
somebody has a fact need to reply this infos…maybe he’s right!!If that’s the case…no point keep dividen in ASB if you loaned 200k, coz the next year calculation is just based on 200k not 200k + dividen…hehe..better put the dividen into UT…
[Reply]
amdin reply on May 12th, 2008:
A’kum semua,
Ok nak join gak. Dalam banyak² komen dalam forum nih, komen nielah yang banyak meninggalkan persoalan dalam kepale, komen yg lein rasanya dah terbiasa. ASB nih dah terang² kata Max Unit leh beli 200 ribu je @ RM200 ribu. abih tuh masa dapat div+bonus tuh, confirm nilai unit dah melimpah..
Soalan 1. Dah invest max 200K, pastuh leh tambah lagik ker?? (tidak merujuk kepada div+bonus)
Soalan 2. Sebagaimana yang dikatakan oleh adik kat 269. Apakah benar PNB/ASB benarkan kaedah nilai unit terkumpul sampai 1 juta unit per individu. Mungkin lepas nih kena tel PNB dapatkan jawapan lagik baik.
[Reply]
#32 by izac23 on May 8, 2008 - 3:06 am
hi, irwan.. gud info n gud discussion.. nway, i want to ask anyone that before invest in ASB with the loan.. which one is better.. make a loan or just deposit directly to our ASB account? or do both of it… anyone got idea of it???
[Reply]
Amerz reply on May 8th, 2008:
Y don’t u download irwan calculator and calculate yourself. It’s your hard earn money not others.
For me, as long as the interest is below the dividend rate, the loan method is my 1st option. And at least it’ll force me saving.
The only risk is that the interest is not fixed, and it base on BLR.
If the BLR rate is up, then your monthly payment will go up too.
If u want to go for loan method, choose RHB the interest rate is 5.5% (BLR-1.25%).
[Reply]
izac23 reply on May 8th, 2008:
which one is better? OD or personal loan?? can anyone explain to me??? Is it OD ok to make a money or just deposit directly to ASB acc more better to reduce the risk and more benefit?
[Reply]
#33 by Syida on May 16, 2008 - 7:58 am
My opinion:
It all depends on ur goal, to me if ur expecting higher return in short term then it is advisable for u to take up the loan (personal/ asb loan). Yes, u will hafto bear the loan interest but the dividend for that particular year will be a lot more compared to monthly savings.
But if u prefer higher return in long term, better opt for monthly ASB savings.
Lucky for me, as a bank employee i’m eligible for staff rate
so i dont lose out much on interest. Therefore I chose to take up my staff loan and religiously top up with my own savings every month.
sorry i don’t have any formula to calculate the return.
[Reply]
#34 by amdin on May 18, 2008 - 12:53 pm
I suggest better take asb loan max 200k unit for 20 years coz u only pay for 1st year.In term of ROI ur initial investment actually just 1st year installment, 2nd year, dividen + bonus will pay your loan. And ur can get back ur capital within 3 years ‘if u intend selling ur loan’ and the rest.. money makes money. Of course u will said “oh u will lose ur div+bonus to bank..” yeah bank also need portion of the cake.
After made investigation, u only can top up ur asb strictly amount accumulated div+bonus. So irwan calculator slightly wrong but i still used it to predict and estimate my investment.
[Reply]
#35 by Shameer on May 19, 2008 - 4:02 pm
Hello sumdari forum nih, dapat saya simpulkan yang semua org nak kaya, tapi taknak bersusah payah.
Mmg jika kita menggunakan loan, kita akan berhadapan dengan risiko turun naik BLR.
Benar jika kita menyimpan dgn wang sendiri, simpanan kita lebih selamat.
Sebagai pemerhati ekonomi negara, saya perhatikan dividen ASB sentiasa lebih tinggi dari BLR. Sebagai contoh, pada tahun 1997, BLR was set at +-11%. Did you also notice for that particular year, the ASB return was 12.75% (around that figure lah). This is one of the extreme cases. My point is, ASB dividend will still outperformed the BLR.
So far, sepanjang saya memerhati our country’s economic climate, tak penah lagi BLR lebih dari ASB dividend. If that should ever happen (mintak jauh laa weih), i doubt it will last for years.
While i’m not saying that making loan is better that savings, i’m merely trying to point out that to gain a lot/maximize ASB or any other funds, it is crucial that we have huge capital and do not withdraw the dividends and bonuses at year end. Let it grow.
Should you make loan to initiate your investment in ASB for instance, pay out the loan from your salary. Ukur baju badan sendiri. Kalo gaji 2000, loan pon berpada2 laa. Jgn sampai tak makan, anak bini merana.
As for saving yourself, yes, it is true you will have the money. Despite having all the discipline in the world, you are still making less than those who started with loans. Tak percaya, kiralah sendiri. tak kira lah kalo less by RM1000, it is less. betul tak?
I’m not cajoling any of you to do loans, cume saya hendak memberikan gambaran (big picture of the situation) kepada anda semua.
Happy investing
[Reply]
#36 by Lacrym0sa on May 26, 2008 - 2:28 pm
Hi Irwan,
I just started to survey ASB loan and i can say, from CIMB and Maybank, i’ll rather choose CIMB cause the interest rate is lower (5.15% for first 3 year and 5.45% for the remaining year). Both of it cover insurans, but i think CIMB is better cause they can actually deduct the monthly payment from my account. But somehow, I have some doubt here. I don’t really understand the concept BLR and also why can it be risky to the investor?
hope you can explain the detail to me. Somehow at the paper, they said that the rate will be fixed, so let say now i’m financing ASB loan with 5.45%, so i’ll be paying with 5.45% interest for the rest of my remaining years. Is it right? Or is it possible for the rate to be changing?
Hope you can clarify this.. you can email to my email, wiena.ct@gmail.com
[Reply]
Amerz reply on May 26th, 2008:
BLR tuh base lending rate dari bank negara,
currently 6.75%. Rate nih akan berubah ubah mengikut keadaan ekonomi/inflation dan bla2. 1997-BLR cecah 12%.
Bank nya interest rate tuh tak fix, it’s all base on BLR so kalau blr berubah maka interest dr bank pun akan berubah.
dah try check rhb nya loan? if loan sampai 20tahun baek ambek rhb. BLR -1.25% sampai mampus…huhu.
[Reply]
#37 by Kema on May 26, 2008 - 9:17 pm
hello hello!yaaa…akhirnya saya dah apply asb loan petang tadi,tunggu approval jek..huhu!Herm..tapi ade keraguan la..saye ingat nak apply RM10k untuk 5 tahun..tapi orang RHB tu cakap rugi..dia advise amik 30k untuk 20tahun..pehtu kan dia cakap, kalau nak cancel balik,pun bole,tapi kene tunggu 5 tahun ke atas..ape2 balance nanti,bank akan tolak situ je..ye ke?ade rugi ke tak kalau la tiba2 nak cancel..kene bayar balik ke kalau macam tak cukup..??err..soalan yang ntah hape2..tapi..boleh beri bantuan untuk jawab soalan2 saya? hermm…selain asb loan ni kan,saye pun buat personal loan gak kat rhb tuh..for marriage purpose..huwaa!!
[Reply]
amdin reply on June 6th, 2008:
Kema.. i pulak nasihatkan baik amik 50k utk 20 tahun. cincai kira pon lepas 10 tahun dah ada 25k. modal cuma installment 12 bulan pertama jer.. Dan cara terbaik buat bayaran gunakan arahan tetap potong dari akaun sav yg tak campur ngan akaun gaji. Minta jer kat officer RHB tuh buka acc sav baru just tuk bayar loan asb ko tuh. Sebaiknya kalu nak cancel tunggu lepas dapat 1st full dividen tengok dapat cover atau tak installment tuk 12 bulan.. pastu sendiri pikir ler..
[Reply]
#38 by izac23 on May 28, 2008 - 10:56 pm
can someone help me ??the best amount of loan that can we invest??? (assume that u can pay from 10k – 200k loan base on monthly rate)
[Reply]
#39 by mez83 on June 3, 2008 - 9:27 pm
saya xpaham mengenai faedah 5,75%?jika tahun tu diveden total 9%.adakah bonus total…9-5.75=3.25%.maknanya kita hanya dapat 3.25% dari total pinjaman…harap ada memandu….
[Reply]
#40 by norisa on June 4, 2008 - 11:12 am
ASB sudah, public mutual pun sudah, ada cara lebih mudah dapat cash dengan hanya surfing internet.Dalam masa 2 jam surfing
saya dah dapat US$1.08.Boleh buat passive-income/part-time income
Nak tau macamana? Buka web bawah ni..
http://www.surfjunky.com/?r=noris2u
Proses mudah dan sekejap
1.Sign up (percuma)
2.Log in
3.Klik pada bahagian “EARN MONEY”
4.Click pada bahagian “Click Here To
Start Surf Junky Browser”
5.Klik pada bahagian “STATISTIK” untuk
mengetahui jumlah wang korang.
Kita juga akan dibayar setiap kali surfing dan klik pada banner post dan bila kita ‘promot’ orang
lain surf web dia.. Itu aje.
TAK SALAH KALAU MENCUBA…!!
TAK RUGI APA-APA…!!
kita dibayar USD$0.45 ATAU rm1.63- ikut
currency sekarang bagi setiap jam
program ini berjalan).
Bermakna anda boleh dapat sehingga
RM41.04 sehari(RM1.63×24=RM39. 12). Ini
bermakna sebulan kita boleh dapat
sehingga RM39.12x 30 = RM1173.60.
Boleh tahan gak kan..fikirlah.
Duit FREE, ambik je laa…Lagipun harga petrol nak naik elok kita cari source lain untuk tambah income
Cek akan dihantar kepada nama dan
alamat
yang kita isikan sewaktu sign up.
SELAMAT MENJANA WANG ANDA!!!
CUBA DAHULU….
TAK RUGI…
TAKDE KELUAR MODAL…
[Reply]
#41 by nikiza on June 4, 2008 - 2:14 pm
surfjunky nih dah lama dah wei..since 2005 dah ada…
scam jer sumer nih…
[Reply]
#42 by zam4ever on June 5, 2008 - 8:29 am
Dear Cik Norisa, for your information, surfjunky is a scam site. Never believe how much money they said will pay to you.
[Reply]
#43 by pijul on June 10, 2008 - 3:23 am
perlu diingatkan yg asb limit hanya 200k saja. Sapa2 yg dok kira 1300 simpan selama 17 tahun tu, hang kira pakai otak ke atau pakai lutut..? Hang kira sampai 200k saja, pas tu mana boleh masuk lagi. Nak cakap bodoh kang, marah pulak. kesimpulannya, buat loan asb lagi baik, even hang continue labur dlm asw2020 bila asb sudah 200k. aku dah buat pengiraan dah… hang untuk dalam 100k-300k, bergantung dgn dividend yg dibagi.
[Reply]
#44 by micky on June 10, 2008 - 10:02 am
Salam,
Nak share views with few comments:
1. loan to invest in asb vs conventional simpan bulan2 – mana lagi bagus?
Actually very straight forward – simpan biasa2 lagi bagus. Sapa2 yg kata loan lagi bagus, mereka2 ini tak melihat the end game dgn jelas. Betul lah kalau loan rm200k the dividen is higher that what you received with a paltry monthly saving of rm1500. But know this, after 8th year typically your so called paltry saving will overtake the amount of dividend you’ll received from having a loan. It’s never in the best of interest (pun intended) we’ll get the best result when the profit is shared.
We’re talking about comparison loan vs monthly saving, so please park the argument about the discipline aside. Because this is totally different topic.
2. Can our saving be like berjuta2?
The limit is rm200k but the actual limit will be the rm200k plus bonus pay out. To cut the chase, once you hit the rm200k, nothing much you can add if you don’t cash in your dividend. But the money still grow if you don’t withdraw, and yes the dividend and bonus is on top of you last available amount and NOT on your so called max rm200k. If the amount in your asb is rm300k, the dividend & bonus will be calculated based on this figure.
Yes
I like reading the comments posted here but some i find very disturbing. Like the one mentioned buat loan is better since dah buat calculation this and that. Never occur to this person the calculation is wrongly executed. Like our maths exam, everybody do the calculation for same question, i doubt everybody got the right answer. ha ha.
Jangan marah haaaa…
[Reply]
Irwan reply on June 10th, 2008:
salam micky, i’m interested to see your calculation that backs your statement about conventional loan. because some calculation might be wrong, i would love to see your proposed calculation instead.
thanks for commenting in this blog,
-irwan
[Reply]
amdin reply on June 13th, 2008:
“We’re talking about comparison loan vs monthly saving, so please park the argument about the discipline aside. Because this is totally different topic”
Both related lerrr.. apa lah lu.
“I like reading the comments posted here but some i find very disturbing. Like the one mentioned buat loan is better since dah buat calculation this and that. Never occur to this person the calculation is wrongly executed.” -micky.
Actually what your stand? Both have advantage but it depend on yourself. One more thing, what actually disturbing ur mind.
[Reply]
micky reply on June 16th, 2008:
saudara amdin (sejahtera ke atas kamu),
my stand on loan vs conventional saving is crystal clear – i even wrote in in my first few sentences. how you could miss that is beyond me
we cannot have an intelligent argument if we fail to isolate root causes of a matter. ask yourself which mode is faster to go to the office? commuter or drive? the answer should be tagged to time taken to get from point a to point b. if you insist drive cost more with hike of petrol prices, then this is different issue. unless the question suggest which is the cheapest and fastest mode of transportation, the latter could be a good answer. we only get marks for answering the questions not by the lenghth of our sentences in our exams
what disturbing me?? a lot actually. I can recall from expert comment made from i-know-how-to-use-stethoscope-so-i-am-a-qualified-doctor to anything less subtle like “both related lerr, apa lah lu”
if you can’t be a gentleman, learnt to be one, will ya?!
please don’t be mad at me, i’m merely giving my 2-cents comment. my sincere apology if my writing offence anybody in any kind of way.saya belajar tak pandai – kita tak boleh marah orang tak pandai tau, berdosa! hehehe.
as general word of advice, always begins with the end in mind. Peace!
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#45 by norisa on June 10, 2008 - 10:39 am
I think asb calculator posted by Mr. Irwan long time ago is reliable. I have a request, if Irwan could create another calculator for EPF+dividend. So we can forecast our savings during retirement…then we could see whether it would be adequate or not…better prepare ourselves before its too late…
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#46 by micky on June 10, 2008 - 10:42 am
i’m not questioning the calculator used by irwan is not reliable, i’m saying conventional is better than using loan.
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#47 by micky on June 10, 2008 - 2:15 pm
Hi,
Compare and figure out which one is better.
Year Initial End year Profit Initial End Year Profit
1 200,000.00 216,000.00 16,000.00 22,500.00 24,300.00 1,800.00
2 216,000.00 233,280.00 17,280.00 46,800.00 50,544.00 3,744.00
3 233,280.00 251,942.40 18,662.40 73,044.00 78,887.52 5,843.52
4 251,942.40 272,097.79 20,155.39 101,387.52 109,498.52 8,111.00
5 272,097.79 293,865.62 21,767.82 131,998.52 142,558.40 10,559.88
6 293,865.62 317,374.86 23,509.25 165,058.40 178,263.08 13,204.67
7 317,374.86 342,764.85 25,389.99 200,763.08 216,824.12 16,061.05
8 342,764.85 370,186.04 27,421.19 234,170.05 17,345.93
9 370,186.04 399,800.93 29,614.88 252,903.66 18,733.60
10 399,800.93 431,785.00 31,984.07 273,135.95 20,232.29
11 431,785.00 466,327.80 34,542.80 294,986.82 21,850.88
12 466,327.80 503,634.02 37,306.22 318,585.77 23,598.95
13 503,634.02 543,924.75 40,290.72 344,072.63 25,486.86
14 543,924.75 587,438.72 43,513.98 371,598.44 27,525.81
15 587,438.72 634,433.82 46,995.10 401,326.32 29,727.88
16 634,433.82 685,188.53 50,754.71 433,432.42 32,106.11
17 685,188.53 740,003.61 54,815.08 468,107.02 34,674.59
18 740,003.61 799,203.90 59,200.29 505,555.58 37,448.56
19 799,203.90 863,140.21 63,936.31 546,000.02 40,444.45
20 863,140.21 932,191.43 69,051.22 589,680.03 43,680.00
Total Profit Loan 716,191.43 Total Profit Manual 430,380.03
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#48 by micky on June 10, 2008 - 2:16 pm
sorry the figure seems jumble up
personal email for further update.
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#49 by Shima on June 10, 2008 - 9:56 pm
Salam. I accidently terjumpa forum ni. I bukan la expert dalam bidang ni. Sengaja nak share sikit my experience pasal ASB loan. Dulu I ambik ASB loan from Maybank about RM 25k for 5 years. I tak suka hutang lama-lama. After 5 years I tak la dapat banyak sangat but it just a matter of saving money plus deduction monthly salary to ASB account. Sakit juga bayar,tapi at the end ada juga saving. Entah macamana simpan punye simpan, last-last I manage to save till RM 80+K.I tukar my ASB ke sijil ASB for RM 80k, then I cagarkan untuk ambil personal loan BSN dengan interest 4% for 5 years, then I laburkan balik ke dalam ASB. Unfortunately, BSN hanya bagi 95% from cagaran je. Jadi adalah dalam RM 76K. Add a few thousands, currently I ada pelaburan sebanyak RM 160K. I thought of ambil lagi personal loan BSN dengan method yang sama untuk mencukupkan pelaburan ASB RM 200K.Ada ke kaedah I ni menguntungkan?
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amdin reply on June 13th, 2008:
Cara nie pon sy penah terfikir lepas sembang ngan officer BSN semasa dier buat expo kat care4,(masa tuh tak tau sijil asb leh cagar) Kebetulan dah max jd tak leh buat apa.
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micky reply on June 16th, 2008:
ya saya. kaedah anda ini lebih menguntungkan berbanding sekiranya anda mengambil loan semuanya dari bank2 untuk melabur di asb
sebabnya faedah dari bsn hanya 4% berbanding blr – apa2ntah.
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anies reply on June 17th, 2008:
Wow..banyak duit..i nak buat personal loan untuk tambah modal kat akaun forex i boleh..?
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#50 by norisa on June 12, 2008 - 8:05 am
Shima, congrats. I pun sedang mencari jalan nak tambah savings I dalam ASB. Tapi I nak buat simpanan biasa bukan loan. I nak cuba save seberapa banyak yang mungkin. Dulu I pun pernah buat loan ASB sebnayk RM20k dengan Maybank tapi interest dia lebih tinggi. I stop dah lama sebab tak larat nak bayar every month the same amount. Loan BSN sampai sekarang masih 4% lagi ke? Kalau ada siapa2 yang tau which bank bagi the lowest interest, can share your view with us…
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