| We hope you enjoy your visit. You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free. Join our community! If you're already a member please log in to your account to access all of our features: |
| Fixed Deposit | |
|---|---|
| Topic Started: Oct 4 2006, 08:51 AM (3,416 Views) | |
| zez | Oct 4 2006, 08:51 AM Post #1 |
I'm Scouser
|
is there any member here who already invest in FD?? can i know how much is the interest rate given?? how long the maturity date taken??? how much is the minimum saving ?? tq |
 |
 
|
| TunYau | Oct 4 2006, 09:05 AM Post #2 |
|
SUpER ELiTE SINsIE
|
So far ambank is higher in rate compare others. 1 Year 4.0 % 5 Year 5 % But better go by 1 year as interest will be going up and upin future trend. |
|
|
|
| zez | Oct 4 2006, 09:14 AM Post #3 |
|
I'm Scouser
|
how much the minimum deposit? |
|
|
|
| TunYau | Oct 4 2006, 09:21 AM Post #4 |
|
SUpER ELiTE SINsIE
|
RM500 I think. But never check cause i always bank in few million rupiah :lol3: :lol3: Amabank Conventional means not link to other investment. Rates Effective Date: 01 September 2006 Tenure Rates Per Annum 1 month 3.30% 2 months 3.30% 3 months 3.40% 4 months 3.50% 5 months 3.50% 6 months 3.50% 7 months 3.60% 8 months 3.60% 9 months 3.70% 10 months 3.70% 11 months 3.70% 12 months 4.00% 15 months 4.10% 18 months 4.10% 21 months 4.10% 24 months 4.20% 36 months 4.30% 48 months 4.40% 60 months 4.50% *Rates are subject to change Am50Plus Fixed Deposit Rates Effective Date: 01 September 2006 Tenure Rates Per Annum Effective Rates 6 months 3.50% - 9 months 3.70% - 12 months 4.05% - 15 months 4.15% - 18 months 4.15% - 21 months 4.15% - 24 months 4.25% - 36 months 4.35% - 48 months 4.45% - 60 months 4.55% - |
|
|
|
| thomasllp62 | Oct 4 2006, 09:21 AM Post #5 |
|
FOrUM
|
Bro Zez , Actually we should be asking you, what is the outlook for FD rates ? Is it on a uptrend? |
|
|
|
| TunYau | Oct 4 2006, 09:22 AM Post #6 |
|
SUpER ELiTE SINsIE
|
Public Bank Fixed Deposit Rates as at 03/10/06 -------------------------------------------------------------------------------- Tenure Rate 1 Month 3.10 2 Months 3.20 3 Months 3.25 4 Months 3.25 5 Months 3.25 6 Months 3.50 7 Months 3.50 8 Months 3.50 9 Months 3.60 10 Months 3.60 11 Months 3.60 12 Months 3.70 13 to 60 Months Negotiable |
|
|
|
| TunYau | Oct 4 2006, 09:28 AM Post #7 |
|
SUpER ELiTE SINsIE
|
Souhtern Bank Fixed Deposit Rate Duration Interest rate per annum 1 - 2 Months 3.1 3 - 5 Months 3.25 6 - 8 Months 3.5 9 - 11 Months 3.6 12 Months 3.7 13 - 18 Months Negotiable 19 - 24 Months Negotiable Above 24 Months Negotiable |
|
|
|
| zez | Oct 4 2006, 09:39 AM Post #8 |
|
I'm Scouser
|
:lol3: :lol3: :lol3: i only in charge on money changer :lol3: :lol3: |
|
|
|
| TunYau | Oct 4 2006, 09:41 AM Post #9 |
|
SUpER ELiTE SINsIE
|
Sorry dunno u r in money sector :lol3: :lol3: :lol3: |
|
|
|
| ongkh | Oct 4 2006, 12:09 PM Post #10 |
|
Global Forum
|
if u really hv one lump sum of $$$ which u no need them 20yrs down the road, think of unit trust. :thumbup :thumbup expected return = 40-60%, depend on which fund u dump yr $$ in... ;) ;) i can't tell which fund is good, wait i kena shoot......... :B :B :B |
|
|
|
| TunYau | Oct 4 2006, 12:12 PM Post #11 |
|
SUpER ELiTE SINsIE
|
Fund is good if buy at right time and right fund. Remember those buying fund during 1996 - 1998 period. Suffer oh :o Even share market buying at right time and right stock. |
|
|
|
| ongkh | Oct 4 2006, 12:18 PM Post #12 |
|
Global Forum
|
if u can find someone to explain to u :- cost dollar averaging, :B u will understand what i mean. those certified financial planner will tell u that.... ;) |
|
|
|
| TunYau | Oct 4 2006, 12:28 PM Post #13 |
|
SUpER ELiTE SINsIE
|
Buy from those good planner who not just pushing product but analyze ur financial situation. Just my advice. |
|
|
|
| ongkh | Oct 4 2006, 02:59 PM Post #14 |
|
Global Forum
|
these may require a very good financial studies b/ground only enable u to analyse them w/o error. i did attended to 1 seminar regarding financial planning. i try to simplify it so i guess everyones oso know the theory behind.. :- say a ppl retired at 55 & he will aged at 80 yrs old. based on current inflation rate 6-10% annually, nx 20 yrs will be like that :- rm10 (today) = rm5 (nx 20yrs). therefore, when i reach 55, i must hv saving for retirement of rm400k-500k to reach aged of 88 yrs old. juzz my 1 cent opinion...... :sleepy :sleepy :sleepy |
|
|
|
| mk888 | Oct 5 2006, 10:53 AM Post #15 |
|
SINsIE
|
Zez, So, if you want more interest, then you can put your maney in my name under the AM50+ scheme....... :thumbup :thumbup :thumbup |
|
|
|
| evan1222 | Oct 5 2006, 10:59 AM Post #16 |
|
Unregistered
|
Guys, SHud try Citibank ..18 mths @ 5%. The catch is, they don't issue u any FD cert...just a print out statement! |
|
|
|
| mk888 | Oct 5 2006, 11:03 AM Post #17 |
|
SINsIE
|
:o :o :o :no :no :no :nono :nono :nono I am already passed 55 liow lo.......and that's a lot of money you are talking about la........how to live until 88 ??? :fulltears :fulltears :fulltears :rubeyes :rubeyes :rubeyes |
|
|
|
| mk888 | Oct 5 2006, 11:05 AM Post #18 |
|
SINsIE
|
Are you sure...??? I understand Citibank has the UNFIXED deposit and the interest rate is 4.7% max at 3rd year..... :unsure :unsure :unsure |
|
|
|
| zez | Oct 6 2006, 09:19 AM Post #19 |
|
I'm Scouser
|
unit trust already invest.. making lost.. sudah 5 years.. :rubeyes :rubeyes |
|
|
|
| TunYau | Oct 6 2006, 09:29 AM Post #20 |
|
SUpER ELiTE SINsIE
|
Thats why i say i f u buy right time right fund sure u :) :) . But in most case people lost. :o Not to forget some friend work at banking sector say they are force to meet target selling fund. And during brieifing they were told to target those retired with lots of EPF to buy investment fund. :o No offend to member work in this line. I am complaning at those bank not those who selling cause they also cari makan. :TQ :TQ 1 well known financial analisys at the end of property at stock market seminar tell us that EPF is the most stable investment cause base on everage return EPF is just as same as buying a normal property at normal area. Dont say about 1 Utama area different case cause only some making few time return from there. So think twice if u want to invest in property buy drawing from EPF. Buy to stay using EPF money is ok. Just my opinion.. :sorry |
|
|
|
| fallenjerk | Oct 6 2006, 10:21 AM Post #21 |
|
SINsIE
|
What would be difference with cert and printed statement? |
|
|
|
| vash_h | Oct 6 2006, 10:24 AM Post #22 |
haroldchia.com
|
if someone steals ur cert, he has the cash. if someone steals ur statement, he cant do anything without ur ic |
|
|
|
| TunYau | Oct 6 2006, 10:24 AM Post #23 |
|
SUpER ELiTE SINsIE
|
I think our parents like cert to keep below their pillow. For us statement easy. |
|
|
|
| foxie1001 | Oct 6 2006, 11:21 AM Post #24 |
|
Just me
|
guys... i dun think this is the golden era for investment. Most of unit trust is losing money... If u talked bout those day when interest rates surge up to 10%, then was the great time for invesment, not spending or taking loan as housing loan, personal loan n car loan were all damn high. Now with the rate at 4% and 6.7% for BLR, it's still good time for taking loan rather than investing cash. Anyway, talk about FD, Ambank give the good offer. 4% for 12-month and interest pay to you every 6-month! this is great i say... |
|
|
|
| tzesen | Oct 6 2006, 01:06 PM Post #25 |
|
MEmBER
|
just to stir thing up, putting money in FD for the long term is not a wise thing to do taking into consideration the FD rate which is lower than the inflation rate, which means that you will end up with less 'worth' than you started, though better than doing nothing. FD is a good form of 'parking' your $ for short term but not for mid or long term investment. FD on the other hand is safe and dependable, that is you are guaranteed a fixed return rate compared to stocks, bonds, etc which can go down or up. so invest your $ wisely, and decide the risk/gain that you are comfortable with. |
|
|
|
| 1 user reading this topic (1 Guest and 0 Anonymous) | |
| Go to Next Page | |
| « Previous Topic · Non Car Related · Next Topic » |
10:42 PM Feb 7