Last Saturday, saw the advertisement PNB is going to launch another ASM for non-bumi on Monday 1/12/2008. Aiyah, why I always miss the news, Saturday is just too late to do any transaction, I am running out of money to buy this so call ‘better than fixed deposit’ investment tool.
At last, I borrowed some money from hubby, which he needs to transfer the money from his account (different bank) to mine, and without knowing that actually the GIRO banking is only ‘working’ on weekday, and one processing at every night, money didn't appear in my account. Shit……
At last, I borrowed some money from mummy, who has the account in the same bank as mine. At last, money show up in my balance.
Thinking this have no bumi and non-bumi quota, should be able to purchase even if going a bit late to the bank, I went to bank at around 9.30am. Suprisingly, the crowd is even larger than the ASW 2020! My queue was 40+, where for ½ hour, they only manage to open 2 new accounts!
An ‘aunty’ come to me and tell me, why not you guys go to POS and open the account, then only come back to top up the account. (Normally top up is faster than opening account). So, I went to POS, and open account, well, they are really fast, the only problem is they only accept cash. With current safety issue in whole Malaysia, who dare to bring along 10 – 20 K around to POS ? But surprisingly, I saw a few uncle and aunty wanted to top up, and, they just ‘bang’ a big envelope (full of cash) and pass it to the cashier !!
Wah, I am thinking next time should I do the same : measuring the risk of kena robbed and the extra time of 3 hours waiting in queue ?
Tuesday, December 2, 2008
Wednesday, November 26, 2008
ASW 2020
Saw the newspaper yesterday night knowing ASNB is going to launch new fund for Amanah Saham Wawasan 2020 today. This round they are going to limit 10K per person.
Trying very hard source some money from the other bank to my MBB account, unfortunately then only realise banks' internet banking also 'close' midnigth, e-FD upliftment is only until 7pm, GIRO transfer is the next day effective..... wah lau, what kind of service is that ? Dig her and there, still couldn't make up the maximum 10K, oklah, just put in whatever I have in hand.
This morning, unwillingly, wake up early 6am, thinking should I go and queue ? OK lah, just give it a try, I didn't manage to grab single unit last few round they launch new fund. When I reach the MBB branh, suprisingly, only 2 fellow is queueing. Maybe those heavy weight customers look down on the 10K limitation, not worth to queue for hours.
Eventually, I managed to grab my first ASW 2020 book and unit, walking happily out from the MBB door by 10am. So, did you know about this new fund, try to go and grab some, I think this round it won't finish that fast (I mean for NON-Bumi) due to the maximum limit set.
Trying very hard source some money from the other bank to my MBB account, unfortunately then only realise banks' internet banking also 'close' midnigth, e-FD upliftment is only until 7pm, GIRO transfer is the next day effective..... wah lau, what kind of service is that ? Dig her and there, still couldn't make up the maximum 10K, oklah, just put in whatever I have in hand.
This morning, unwillingly, wake up early 6am, thinking should I go and queue ? OK lah, just give it a try, I didn't manage to grab single unit last few round they launch new fund. When I reach the MBB branh, suprisingly, only 2 fellow is queueing. Maybe those heavy weight customers look down on the 10K limitation, not worth to queue for hours.
Eventually, I managed to grab my first ASW 2020 book and unit, walking happily out from the MBB door by 10am. So, did you know about this new fund, try to go and grab some, I think this round it won't finish that fast (I mean for NON-Bumi) due to the maximum limit set.
Tuesday, November 25, 2008
Foreign Currency Fixed Deposit
I had put some money (actually, quite a huge amount as that’s the minimum requirement) into New Zealand dollar few months ago as the “Foreign Currency FD” in Public Bank. Being blind by greed, they have high interest rate, from pass 10 years history, NZ Dollar has never dropped below un-accepted level. But, recently, it drops badly, very bad.
The interest rate is dropping fast as well, following the rate cut by the country. I am now considering, should I buy more but the interest rate is no more attractive at this point of time which it only has 5++% or should I cut lost? All kind of ‘expert’ is predicting US will rise, and don’t know why it rises, but all other currency will drop.
The interest rate is dropping fast as well, following the rate cut by the country. I am now considering, should I buy more but the interest rate is no more attractive at this point of time which it only has 5++% or should I cut lost? All kind of ‘expert’ is predicting US will rise, and don’t know why it rises, but all other currency will drop.
Cash Is King
At current economic condition, I guess most of the people are holding quite a big chunk of cash in hand rather then spending them or investing them into the share market.
Even holding them in hand (well, in bank actually) also create fear due to the financial crisis happened recently. You can say I am ‘ignorance’, if we don’t save our money in bank, where else can we keep it ?
Even holding them in hand (well, in bank actually) also create fear due to the financial crisis happened recently. You can say I am ‘ignorance’, if we don’t save our money in bank, where else can we keep it ?
Sunday, November 16, 2008
First Post
My first post.... got to make it interesting...hehehe....
Wanted to write down some of my thoughts, my way of investing, how does the return comes along so that more people will share their with me too.
Wanted to write down some of my thoughts, my way of investing, how does the return comes along so that more people will share their with me too.
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