additional additional additional units!

It was a sunny Tuesday morning and I'd been forced to wake up early.Well,early as in 9 something lar. Don't get me wrong though. It was not because I had something extraordinary important thing I've to be done today but because I have to accompany my mummy to go to the nearest Maybank branch for the Amanah Saham Malaysia (ASM) fund. At first, we thought it would be sold by the time we reached there. Yes,we enjoyed our breakfast at home and then fetch my brother to school then only we went there, y'know, it took time!! Despite being the early 'late' bird, surprisingly, this time round we were still able to buy it even in the afternoon. Say,2 p.m.!! Ok,You might be wondering why we got there so late right? My mum do no know that the ASM fund have to buy in cash so we brought the bank draft there and the officer told us must be in cash, we have no choice but to go to the other banks to withdraw the money (in bulk cash) then only we went there again.

To be honest, I still don't understand why all the agents like Maybank and CIMB do not accept cheques, bank drafts, or even cashier orders, BUT only cash. Can you imagine we have to go to other banks to withdraw the money and carry it all the way to Maybank in order to buy the ASM units? It was indeed quite very scary ( You might get rob the next minute second!!) to have RM 21,000 ++ CASHHH in your hand.( In case you get confused, each investor can only buy a maximum of RM 20,000 units in ASM.)
Who is to be blamed if we got rob on the way there? the answer is obviously clear. We ourselves are to be blamed because it's our responsiblities once we withdrawn the money. So why must they insist on to receive ONLY cash? Isn't that cheques and others are better? It's very frustrating, no?

I still remember when I was a small kid, you have to be there really really early in order to buy Amanah Saham Malaysia (ASM) or even Amanah Saham Wawasan 2020 (ASW 2020) (a unit trust fund that have sound performance, around 6-10% per annum). For instance, the person who got the first place to buy came as early as 6.00 a.m., uhmm,maybe not, for ASW 2020, the earliest early bird was seen in front of the bank at 2.00 a.m. Imagine!! Now, it is no longer like that. *Phewww* *hope its the same goes to ASW 2020.* This is because additional units have been announced for the two PNB-managed funds since yesterday. There’ll be an additional 2.22 billion units for ASM starting from April 21, 2009,which is today and another 2 billion units for ASW 2020 starting from April 27. Next Monday!! Get ready your money if you were to go for ASW 2020 fund =)

For further information, please have a look at the Star's article here or the New Straits Time's article here.


Now,

I will go get my money and wait for Monday to come. :D:D:D


"Ehhehhehh,don't rob me arhh,I'm nothing but poor. "