Ky_khor

1) Read carefully, we had said time and time again housing loan is the exception.

2) For car loan,

A) You are paying the bank effectively 6% to 7% interest every year.

B) The only kind of investment that will earn more than 6% to 7% is highly risky.

So, does it makes sense to pay (A) or do (B). Which one is a better return for your money?? Of course (A), it is risk free. But, the problem with most people is they have no idea how much interest that they are paying to the bank. They tied themselves up in a 9 years loan. After that, it is too late. They may get hit with penalty payment even if they payoff the loan early.

Dreamer

what you have said it's true, we can start learning ourself about investment before we had the money, now there's some internet investment education provide investment simulation, or better still doing paper investment without putting money in.

but as human being intend to be tempted very easy,especially when it comes to money. if they success in simulation investment, they will think they are smart enough to invest in the real world. without hesitation, they risk their life boat money(which i mention as bucket money 1) to invest.
as we know,no such thing as risk free investment.people should educate themself how to survive the basic 1st,you dont run when you dont even know how to walk.

FD

Dreamer

What are you saying dude? You are contradicting yourself.

That's true man. The only requirement I know if you want to trade is $$$$$$.

how much is the minimum for fixed deposit??How many month is more recommend??

1 year FD has the best rate at 3.88%. The minimum is 1K.

Dreamer

which part you dont understand?

This post has been edited by ah_suknat: Aug 18 2006, 12:52 AM

hm..there is a lot oppurtunity out there for investment..for me as 20 yrs old student i invest my money in ASB, Koperasi Tentera, Online Investment and now im applying for Lembaga Tabung Angkatan Tentera..i study at military academy

first and foremost is how u manage your manage..same concept in how u manage your time..
just my 2cent

FD in HongLeong 12 month = 4%

IIRC CIMB/BCHB is giving 4.8% for FD no matter what amount you put in.... but that promotion dunno still got or not

This post has been edited by Darkmage12: Aug 18 2006, 04:37 PM

what is IIRC CIMB???What is the full name??

CIMB you dunno ah?

don't know boh.Paiseh.I don;t know much about bank or invesment

CIMB is Commerce International Merchant Bank. Normally we won't put money in this kind of bank, I think. But really no idea on IIRC and BCHB.

Anyway, putting money in FD is not an investment. If really want to invest, first step is to learn about mutual fund/unit trust.

My bad . See wrong post.

IIRC is a short form "If I Recall Correctly"

wow mobif and iris suddenly drop hiong hiong
dunno should go in now or not

Think twice before you move for IRIS...their new additional shares will be listed on Monday...


This post has been edited by dEviLs: Aug 19 2006, 12:29 AM

what about mobif? should i go in now?
so you think IRIS will keep dropping for the moment?