talk so many, rich also you got give me or not?

what nonsense.

990 days = 2.7 years

If you got a 6.38% compounded for 2 years (730 days) you get 13.16% return.

AS1m pawns your plan 1000000%

This post has been edited by cookie-monster: Sep 23 2010, 02:05 PM

It's still a good and safe plan for those with low risk aversion.

Much better than FD, and all the cut-throat unit trust funds out there.

Mr Amaltea's product is 7.5% for 990 days. Which means if you deposit RM1000 , you will get RM1075 after 990 days. That's 2 years 9 months.

AS1M, assuming you can get 6.38% this year, and the next year (2 years of 6.38%) , your return of RM1000 will become RM1063.8 for first year, and RM1063.80 x 6.38% for the second year = RM 1131.6. It's compounded interest of 13 % in 2 years instead of his product only 7.5 %.

Don't get cheated by those numbers.

Unit trust companies like to play with 3 years (*) average return of 15%, 20% etc, but if you take into account their annual service fee, their trading fee... it's much lesser than that.

Take ASW2020 for example, their return has been consistently above 6%. Take 6% and compound it for 3 years, you get 19% return with NO annual service fee, no selling fee whatsoever. Any unit trust fund can beat it? hardly

This post has been edited by cookie-monster: Sep 23 2010, 02:26 PM

They are all decent.

---

Added on September 23, 2010, 2:33 pmI see it's a 7.5% per annum. Sorry my bad for not opening the link (too many ponzi schemes nowadays that I don't bother to open it anymore).

Have you considered the forex risk risk involved in your investment? RUPEE?

Will rupee go up or down 2 years from now?

If Najib transformation program successful, ringgit shoots up to RM2.50 to US dollar? habis lo.

If got another terrorist attack in India by pakistan, then rupee plunges again..


Not for me, TQ anyway.



This post has been edited by cookie-monster: Sep 23 2010, 02:33 PM