actually FD is only a better way of saving money rather than threat it like an investment...unless you put hundreds of thousand in it in a longer period.

try unit trust.try with the minimum amount of rm500,i am trying too next week if i successfully apply maybank2u.com.gonna learn step by step. what is the unload or load fund you talk about?

Being a genuine investor, one doesn't need to be actively trading, just like W.Buffett did. When spot a good investment opportunity then start investing in it and growth with it and when hitting the target or price become unrelistically high then unloading it and wait for next time opportunity. Sometimes, patient is also the key element of a successful investment.
Actively trading most suitable for speculating purposely since speculating stocks normally not worth to be holding, only look for short term gain.

Generally, good fund manager with sound track record normally won't go in and go out in the market quite as frequent as majority people are thinking off. The more frequent you trade, the more broking firm is earning, market doesn't go up everyday one.

unload means no need pay agent money of service charge or transfer fee...

load means need to pay....

i.e. Service Charge 0.25% of NAV per unit


read this one... http://www.investopedia.com/university/mut...utualfunds2.asp

@cherroy
thanks for d info

This post has been edited by low yat 82: Aug 11 2006, 11:34 AM

Hi Dreamer,

FD online function is indeed available . You will need to go to FD section then FD placements to do it. Upon maturity set both your interest and principals back to your savings account. This option bypass the need for the account holder collect the FD cert. I'd been using this since 2006.

so..how does forx and stock market works?

anyone bought iris?

i woould recomended affiliate

Hopefully this helps.

Feel suprised seeing its up to 50 pages already and realize that it is old topic,revive from the dead.

About that FD on Maybank2u.I also can access that page.
Maybank give diff. amount of interest if we take different types of months(durations),lets say that if

I take 6 months and interest rate is 3.5%,
At the end of 6 months,do I get my money back + 3.5% interest rate for 6 months

OR

Do I get my money back + interest rate for each of month in 6 months.

err,does this sound confusing?

anyone could answer wuztag question coz i want to know too...

plus if i put money in FD for, say 6 month, can i put more money into the FD in the 2nd or 3rd month?

The interest rate is annual (aka yearly ) interest rate. So, at the end of 6 months, you get your money plus (3.5% * 6/12) -> 12 months in a year = 1.75%

No, you do not get interest every month.


Dreamer

This post has been edited by dreamer101: Aug 11 2006, 08:15 PM

No. Each FD is fixed and individual contract.

Dreamer

Geminist,

Do you have to be physically at Maybank to cash out the FD or you can choose to get the FD deposited into you A/C??

Dreamer

Sorry but I'm not sure about this since all of my FDs are not matured yet.

geminist.
I cant sign up coz they said I need to link my ATM card to ATM machine in the maybank2u menu nad get the PIN number but my ATM card is here in UK la...how???I dont dare to send my ATM card to Malaysia coz you know la...malaysian courier cant trust one.

how did you sign up???did you sign up in UK???

Hmmm, I opened my online banking back in Malaysia. AFAIK, you'll have to do that in Malaysia and not the UK.

DOH!!

if i am not mistaken there is a maybank branch in london.

but i need to travel there...i am in birmingham now.

plus i dont know whether they can help about it or not.

but anyway i did sent an email to maybank2u and see what they can do.

after that choose "maybank conventional fixed deposti" or "maybank gia mudharabah",then Principal amount put all the money u got in bank??And interest payment frequency only got on option?

how long is the period that you guys choose for FD?...

1 year FD give you the best rate in Malaysia..

Dreamer

This post has been edited by dreamer101: Aug 12 2006, 01:15 AM