Irwan’s

yes amdin..ari isnin tuh sume dah setel..rhb staff dah tolong orang open new account khas untuk bayar asb nie je..huh! start bulan nie kene taruh duit dalam rhb..tak bole enjoy sakan2..barang2 dah la naik harga..make sure bayo bulan2! yaa!

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Guys, would like to have some review n opinions.

My objective is:

1) Take personal loan = RM60,000
2) 3 yrs for RM1992.xx
3) Invest RM60,000 in ASB

What would you experts can critics about it?

* at the moment, my ASB has RM150,000

regards,
ARIFF

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Shima,
I’m a little bit confused dgn interest rate BSN…kata 4% but if you get 76K, you need to pay them RM887 sebln for 10 yrs, maknanya you byr RM10644 sethn…sedangkan you cuma dpt RM6840 sethn melalui div. ASB (katakan 9% sethn)…ini menunjukkan yg you perlu top-up lagi RM3804 sethn. Betul tak? So, total return dlm tempoh 10 yrs adalah lebih krg 20K (compounding interest…kalau duit tak dikeluarkan). Ttpi, bagi mereka yg ada duit 76K cash….dlm tempoh 10 yrs, dah ada 180K…total return lebih 100K. Itulah kisahnya….

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En./Cik masavg333,

Saya pernah merasa terikat mengambil ASB Maybank loan dan merasa pelbagai emosi, terutama apabila kita sangat2 memerlukan duit sebab duit tu tak ada dalam tangan kita semasa kita terdesak krn bank yg pegang. Ini lebih lagi terasa semasa recession 1997/8. Masa tu saya langsung tak pandai menguruskan kewangan saya sendiri disamping membantu org2 yg memerlukan bantuan, tapi diri sendiri tak terbantu. Tapi, at the end of the term loan,sekurang-kurangnya saya ada juga duit hasil dari loan dan dividen yg diberi walaupun tak dinafikan bank banyak untung. Kalau nak harapkan saya simpan bulan2, memang tak ada. Dulu saya mengaku yang saya tak ada displin kewangan. Selagi ada duit saya akan beli apa saja yang saya rasa nak beli, dan saya akan makan angin sekeluarga bila rasa nak pergi. Hubby sy pun dua kali lima dengan saya.

Bila umur sudah melimpasi 40 tahun, sy mula terfikir yg sy tak de kewangan yg kukuh utk menampung retirement period dan utk menampung pendidikan anak2 (wlpun sy ada insuran & menabung sikit2 utk mereka – boleh potong incometax). Kalau saya nak simpan bulan2, memang sy tak dapat sebyk amaun yang sy loan dan dividen yg diterima sedikit saja. Oleh itu, menurut fikiran sy yg buta akaun sikit (bukan bidang sy pun), kalau kita ambil loan dengan nilai yg besar (mengikut kemampuan kita bayar bulan-bulan la), kita akan terima dividen yg lebih byk setiap tahun berbanding jika kita simpan bulan2 dengan nilai yg sama macam kita byr installment loan kita. Oleh itu, kita kena cari interest yg paling rendah yg kita boleh perolehi. Contohnya, interest loan sy ialah 4% dan nilai dividen yang sy dpt dari pelaburan ASB sy ialah 8%. Maka sy akan terima keuntungan sebanyak 4%. Tapi semua ini mestilah ada syarat. Pertama, kita ambil loan dengan installmentnya mengikut kemampuan kita setelah ditolak keperluan kita yg lain dan mesti ada displin membayar bulan2.Dengan ini kita tak de le gundah gulana dan rasa lebih senang hati.

Sy sekadar memberi pendapat sy saje. Details calculation bleh tanya irwan.

Sekadar renungan……

p/s: Sy masih buta pelaburan jenis lain. Masih dlm peringkat blajar lagi.

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Oleh itu ambil la Islamic loan.

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Sya nak ucapkan TQ pada Shima ttg info interest rate BSN tu. Nak kongsi sikit dgn semua…sebetulnya saya nak bli rumah secara cash harga rumah apartment RM46K, tapi sayanglah pulak nak beri duit simpanan bulat2 utk bli rumah. Sya pun simpanlah sikit2 dlm ASB…lepas bbrp j/masa sya convertkan ke sijil dan apply loan BSN utk dptkan duit cash. Duit cash tu sya gunakan utk bli apartmen tsbt secara cash dan ada extra pulak….so, sya masukkan yg extra tu dlm ASB supaya bertambah lagi simpanan. Sya pun ambil loan utk 5 thn sje. Selepas 5 thn nanti sya akan ada saving dlm ASB + apartment yg mgkn harganya meningkat. Kalau sanggup ambil risiko….cagarkan pulak apartmnt tu dan dptkan cash utk rolling buat bli ASB dan rumah lagi. Kesimpulannya w/pun mgkn kita cuma ada 50K, tapi dlm j/masa 5 thn tak mustahil boleh bli rumah 2-3 bijik + ada simpanan dlm ASB lagi.

Bab konvensional atau Islamic loan ni sya nak share my experience. Last time, I applied for an islamic loan but their interest rate was just too high compared dgn konvensional loan. Lepas tu plak, siling limit sama je antara konvensional dgn islamic iaitu 9%…kita sbgai pengguna pastinya tak sukakan penindasan habis tu kalau what so called islamic loan tinggi sgt interestnya, susahlah macam ni…Zaman la ni tak ada kehidupan kita yg lari dari riba..tapi kalau boleh dielakkan mana2 yg perlu tu usahakanlah.

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Nak buat pinjaman tak leh lama2…nanti interest makin tinggi. Melalui sandaran ASB…BSN punya rate 4.5% for 3 -5 thn and 5% for 6-10 thn…tak ada BLR issue kat sini. Lepas tu boleh ambil insuran kut2 utk cover if something happen pd kita. Sya rasa lebih rndah dari mana2 bank lain.

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Pn Shima,
Setahu sya 4% utk sandaran SSP, tapi utk ASB dikenakan 4.5%. Berdasarkan info yg Pn Shima beri tempohari rasanya RM1552 yg dikenakan pd Pn tu adalah interest rate bagi 4.5%.
Cuma matlamat sya dgn Pn Shima mgkn berbeza sbb beliau cagarkan sijil utk dptkan cash dan masukkan balik duit ke dlm ASB. Ttpi, sya cagarkan sijil utk dptkan cash bagi membeli rumah secara cash. Lepas bli secara cash, sya blh refinance rumah dgn market price utk dptkan extra money dan laburkan balik ke dlm ASB. Cukup 5 thn, duit dlm ASB bertambah dan rumah pun dpt sebijik. Alkisahnya…..

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I am in the opinion that Islamic loan in Malaysia is rather unjustifiable and sometimes burdening than conservational loan. Matlamat tak menghalalkan cara (sila kira sendiri) total conservative loan and islamic loan comparison with a loan tenure say i.e. (20 -30 years) with most banks and I’m sure in general you will agree with that. The only good thing about Islamic loan it does not fluctuate with the BLR, well…duh…that’s part of the principle. Note: I’m refering to housing loan.

Although i strongly believe, that the interest = (kononnya lam Islamic loan bukan panggei interest pasal cara kiranya lain but hey, kami ni bukannya bukan bodo cam lu la faklah!) charge in Islamic loan SHOULD be lower than conservative loan, pasal matlamatnya untuk menolong bukan membebankan atau mempergunakan ia atas nama agama kononnya ia Islamic and bank hanya charge based on fee sahaja (x amik untung) or whatever bullshit.

Even my jiran ex-bank bank negara staff pon agree than Islamic loan tuh bullshit pasai yg buat pon org kapir, apa dia tau masalah org islam and sebab musabab hukum hakam dia.

BUT politically I guess the current government have to push for it bcoz thay want the FDI money from Arab league (to promote Islamic banking here) and well, bank conventional mana yg taknak kalo dah untung berlipat ganda dr conventional interest currently. Pikir2 kan lah.

If it was me, I would choose those that give lowest interest rate and fix (not fluctuate)… some conventional loans now do have it.

So to me islamic loan ka conventional loan ka, can kiss my a** goodbye until i received a better interest rate that would benefited me the most.

Don’t be blind by the word Islamic or conventional. Kalo ikut hukum asal, not even 1 cent should be changed ke atas pemiutang!

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Hi,

Irwan…

Apa khabar..!

Pertama kali saya nak ucapkan tahniah kpd saudara kerana telah mewujudkan satu perbincangan yang baik berkaitan ASB.

Saya ingin bertanya tentang ‘minimum balance’ dan ‘minimum monthly balance’ yang digunakan bagi kiraan dividend dan bonus ASB…apakah yang dimaksudkannya?

Apakah ianya bermaksud baki terendah yang ada dalam simpanan ASB pelabur setiap bulan..

e.g : Minimum Monthly Balance (for bonus calculation)

11/1/07 balance RM10,000
23/1/07 sell RM3,000 balance RM8,000
29/1/07 buy RM1,000 balance RM9,000

Adakah minimum monthly balance yang dikira RM8,000 atau bagaimana?

e.g : Minimum Balance (for Dividend calculation)

31/1/07 balance RM9,000
15/8/07 sell RM5,000 balance RM4,000
8/11/07 buy RM3,000 balance RM7,000
31/12/07 sell RM2,000.00 balance RM9,000

Adakah minimum balance yang dikira RM4,000 atau bagaimana?

T.Q

Salam kekayaan,

THINKERICH

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all in all is about discipline. you dont need banks keep reminding you to save RM in ASB. get over it and start making MORE but pushing your own self.

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is there some of you have study load such as PTPTN? ok which is better if every month i have spare my money RM 1000, and will put some of in ASB and some will be PTPTN, so which one? 800 to ASB, 200 to ptptn? or 1:1? 1:3?

p/s : am i at a wrong place to ask?

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Hi, how are you all. Please allow me to share some of my opinion regarding the issue.

I think maybe for long term yeah it sound profitable for this kind of sheme. I’ve been offered once but what make me against the idea is if we look at the ending, we are actually paying more money to bank for the interest. Just let say total interest paid for 5 years maybe RM xx amount. For me I rather put that amount to other investment fund or top up my ASB later rather than give it to the bank without no reasons. I kinda play safe person actually.
At least I still can smile without thinking of so much bank loans in this life. And if you are Muslim, ASB is a shariah compliance nowadays and by taking a loan for this investment, if it’s coming from a convensional bank than the status of the investment itself will turn to non-shariah, which mean the returns is Haram. Well that’s my view for this time. At the end, it’s actually up to individual choice then.

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so,rugi ker x wat loan ni?
saya dh stat konfius.
masa mula2 ambilloan asb-maybank ni igtkan boleh kluar,tp dia lebih kpd simpanan dan pelaburan…
then terbaca palk blog ni,rsa sangsi la plak..

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nawyaeh,

tak rugi rasenye..as long as dividend asb lebih dr interest loan yg kau buat..yg merisaukan nyer sbb kite x tau dividend utk taun2 akan datang brape..mane tau next year dividen sket ke..cara terbaik ialah jgn buat loan lame2..sbb kite x tau ape akan jadi in future..

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Nak tambah sikit,jika kita menyimpan menggunakan khidmat bank,kita akan dikenakan caj MRTA.Dan caj ini penting sekiranya apa2 perkara yang berlaku keatas diri kita,insurans akan membayar pampasan berbanding jika kita memilih menyimpan secara biasa.Walaupun kita baru membayar pada bulan pertama..so,terpulang pada cara dan idea masing2 dalam cara simpanan anda..kdg2 kita target duit terlampau jauh,tp kita tidak tahu umur kita sampai bila..at least family kita merasa harta peninggalan kita..

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hi irwan,

You have a very informative blog. I’m also not good in this ASB loan calculation. Im still thinkin whether to go and ask the MBB officer. Dunno whether it’s a good decision for me to invest and for my financial security.

Considering i already have RM25K in my ASB, planning to resign and be a housewife one day,my current salary is RM2500, my debts are RM840 monthly (jpa loan+insurance+home loan).

My objective is that upon my resignation I can earn monthly income that is enough for me to pay the debts + other survival expenses from the dividend that I might get in investing the ASB loan.

To reach this objective, how much capital and how many years can/should I invest in the ASB loan?

Thanks, would appreaciate if others can give feedbacks as well.

kyniz08@gmail.com

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Your blog is very informative Irwan, congratulations for that.

Just to share my experience on the ASB loan, here is what I did. I took a 20k ASB loan from maybank. I do not know how much the interest is but im paying monthly rm144.
that means annually im paying rm 1728.
after 3 years, i will have in my asb rm25194(if dividend and bonus = 8%)
what i do is, by the end of my 3rd year, i take out 1728 to pay for my asb loan.
so, i only use rm5184(rm1728 x 3 years) to get rm 20k in 20 years.
if all my calculations are correct, then i think personally its a good deal if you are looking for something long term.

this is only my opinoin.

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Pemuda;

ASB dikira berdasarkan compund. Simpanan maksima adalah Rm200K. Dividen akan dikira berdasarkan simpanan dari bulan 1 – 12. Contoh jika tahun 2007 anda dah ada 200k bermula dari bulan januari, dan dividen akan diberi oleh PNB tahun 2008 ialah 10% anda akan dapat 220K.

Manakala pada tahun 2009 jika awak tidak usik simpanan 210k tersebut, dan dividen pada tahun 2009 adalah 10%, maka anda akan dapat 242000. Dan begitulah juga kiraan pada tahun seterusnya sampai PNB bengkrap (harap2 tak lah ye).

betulkan saye kalau tersilap..

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kawan2,mari invest kat public mutual la..ni bawah public bank,nak risau apa..dah lama dah benda ni cuma orang2 kita tak tau..tanya la otai2 bab ni,terutama orang2 cina..aku ni nak sangat tolong orang2 kita ni.. PM lagi besar dividen..nak2 yang leh maintain invest bulanan..secara purata leh dapat 15% setahun..

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redzuan,
memang public mutual bagus tapi dalam ekonomi tak menentu ni…. saya syorkan penuhkan dalam asb dulu baru bermula dengan public mutual….. setelah penuh asb saya masukkan dalam 15 di public mutual….saja cuba2… buat masa sekarang saya rugi teruk tapi saya tak akan keluarkan kerana itu untuk jangka panjang n harapnya dia naik la balik…. tapi at least simpanan dalam asb terjamin untung…. berapa banyak tu nasibla…..

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saya ada terbaca ada maklumat seperti ini…. kalau sesiapa ada idea tolong sahkan betul ke tidakmaklumat seperti di bawah(tq):

Well It is simple. Now, let me start from the beginning. The maximun you can deposit is 200K (call this saturation point). This is not including the divident or bonus that you get. Usually you will take few years to reach the amount of RM 200K. Therefore each fiscal year you will get some extra from the divident and bonus to extend your limit (limit is deposit+ divident+bonus). Let say the divident is consistently 10%/year all the way.
For first year if you deposited 100K on 7th Jan (and you don’t disturbed it) you will see your account at the beginning of the next year (year-2) will be RM110K right(RM 100K + 10K divident?. let say year-2 you put in another RM50K (in Jan. and don’t disturbed it). Therefore your total at end of year 2 will be RM 160K but on 2nd Jan year-3 it will be RM 176K (160+ 16K divident). Now you can still put in another RM 50K and not only RM24K to reach your saturation point. Therefore by end of year-3 you have reach your max deposit (saturation point) which is RM 200K but your actual limit now is RM 226K (RM200 [dep] + 10K [div yr 1] + 16 K [div yr-2]).
Now from here you can’t add any more deposit coz you have reach your saturation point which is RM 200K. But your limit can still extand further each year depending on your divident and bonus. let say another 10% bonus year-4, making your limit extended to RM 248.6K. You can withdraw and/or top up your balance for that year as long you do not exceed the RM 248.6K limit. Becoz when you withdraw they will deduct it from your RM 200K deposit and not from the accumulative divident and bonus. Look at it this way. There are 2 accounts join into one. that is your deposit and your divident/bonus. the in-out will be from ur deposit account, with your divident account remain stable. Is it clear now?

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awak,
kite pun mcm awk gak. dan sekadar apa yg sy tau la, kalau ada bunga tu tak boleh la dari segi hukum.
mcm pinjaman dan akaq pembelian untuk rumah, konvensional dan islamic tu kan, nampak sama tapi tak sama.

saya pun nak tau gak pasal utg tinggi halal dan suci.

tq

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What kabul said is absolutely right. In business, the concept is always Buy cheap, Sell expensive! Don’t you people get it…? Use your brain!! Don’t use Pak Lah brain!!!

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