Archive for category ASB
Additional Units for ASW 2020 and ASM
Posted by Irwan in Anatomy of Investment, ASB on March 12, 2007
Via http://mywealthplanner.wordpress.com
Was just informed by my dearest Lil Mom that PNB will be launching additional units for its two funds - the Amanah SahamWawasan 2020 and Amanah Saham Malaysia – on March 12. A total of 800 million units on ASM and 1 billion units on ASW 2020 will be added.
Don’t lose the opportunity to invest in one of the hottest, most wanted Unit trust in Malaysia.
Read more at http://mywealthplanner.wordpress.com
Let’s Compare our ASB Plan
The last post about ASB is getting too long. So here I dedicated a post for visitors’ ASB/other investment plan. The main purpose is to share and discuss about ones’ method. If we got enough examples, we might know which one is better. Here I list some example from some readers.
ayie:
Loan=$20k
Duration= 20 years
Monthly Payment= $157 + 100 extra investment
1) loan method –> Balance after 20 years: $155,726.08
2) Conventional –> Balance after 20 years: $149,149.98
Difference = $6,576.10 (4.409% increase in 20 years)
Mýr
Loan=$10k
Duration= 10 years
Monthly Payment= $115 + 100 extra investment
1) loan method –> Balance after 10 years: $39,411.00
2) Conventional –> Balance after 10 years: $38,474.00
Difference =$937.00 (2.435% increase in 10 years)
Now it’s your turn. Grab this calculator and post what you got. Or you could just give the detail and I will calculate for you.
ASB Calculator v2
Posted by Irwan in ASB, Calculators on January 29, 2007
update: ASB Calculator V3 is now available
My last ASB calculator doesn’t calculate the bonus for ASB. In this new version, I implemented an extra algorithm to include the bonus. If you find any glitch or error, please let me know ![]()
ASB Rate for 2007
Amanah Saham Nasional Bhd (ASNB) has declared an income distribution totalling RM3.55 billion or 7.3 sen per unit for Amanah Saham Bumiputera (ASB) for its financial year ending Dec 31, 2006 (FY06).
ASNB is also making a bonus payment of 1.25 sen per unit, totalling RM409.82 million, for ASB, versus 1.5 sen per unit last year.
ASNB, a unit of Permodalan Nasional Bhd (PNB), said the income distribution was RM521 million or 17.22% higher than the RM3.03 billion (7.2 sen per unit) paid last year.
Up until Dec 15, 2006, ASB recorded a gross income of RM3.89 billion against RM3.44 billion in FY05, representing an increase of 12.84%.
Resources: TheEdgeDaily.com
Editable ASB calculator
Posted by Irwan in ASB, Calculators, Useful and Interesting on November 6, 2006
update: ASB Calculator v3 is available
I spent the whole 15 minutes to make this.Haha. Hope it will be useful for dear visitors.
This is my ASB calculator which is editable if you have MS Excel. Just change/edit the value in yellow to suit your investment. It’s perfect if you want to compare between loan method to conventional method.
Just comment here if you need help. (this calculator is under my Copyright)
ASB Calculator
11 August – My current Journey
Posted by Irwan in Anatomy of Investment, ASB, Daily Blog on August 11, 2006
Well, I’m still not far from my starting point. Right now, my investment is still on Mutual fund (including ASB). Talking about ASB, I just opened my account 2 days ago at Maybank Branch. I will reduce my monthly contribution in Public Mutual’s Funds, and give a larger percentage to ASB. This is to build a larger foundation (less risky investment) in my portfolio. One more reason is, I don’t have the access to my Public Mutual when I’m in oversea. Thus Public Mutual is a bit riskier for me.
I’m trying to find some books on Real Estate investment. If you have some books that you want to recommend for me, don’t forget to leave me your comment.