shouldnt this tread be a sticky or pinned???
Investment (Local and International), Everything About Investment
|
|
 Jul 18 2006, 08:42 PM
Return to original view | Post
#1
|
 
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang   
|
|
Quote|
|
|
|
|
Aug 9 2006, 09:38 PM
Return to original view | Post
#2
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
wish to hear from those really making money thru investment.any investment will do.not mlm tho...
instead from those who know how to do it but never really try to do it. sorry not to insult. |
|
|
Aug 9 2006, 10:16 PM
Return to original view | Post
#3
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
i am saving atleast 5k a month.i got no experiance in investment at all.all the money i receive i just put it in saving account(Send via western union) or just put it under pillow.
i am currently in uk.since i am illegal in uk so i dont have bank account nor wish to invest here.so i want to invest my money in malaysia.say FD,or unit trust fund.but i will not be in malaysia for the past few years. is there any way i can invest my money In my account without even my presence?say my sister help me to apply FD or unit trust fund on behalf of me? |
|
|
Aug 10 2006, 01:32 AM
Return to original view | Post
#4
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
i already got a saving account in maybank. so if i want to put money in fixed deposit, do i need to be there on the spot to open one?
|
|
|
Aug 10 2006, 09:05 AM
Return to original view | Post
#5
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
QUOTE(Geminist @ Aug 10 2006, 04:50 AM) You don't need to if you do it via maybank2u thanks alot mate!    but i cant sign up using mobile phone online. the accept button dissappear in the TnC. btw,do i really need to read all of the TnC? its so bloody long! there's a "investment" column there.gonna reseach more about it. i did'n use my atm almost a year.does it still working? |
|
|
Aug 10 2006, 11:19 AM
Return to original view | Post
#6
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
question for the gurus.
what are the easiest/safest type of investment to play with for beginners who just step into the world of investment? i heard a lot of people invest in unit trust/mutual fund.how does it works? |
|
|
|
|
|
Aug 10 2006, 07:24 PM
Return to original view | Post
#7
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
so the most important thing here is to find the good/genuine fund manager... but how do we tract down his or her record? are there any documentation to proof, or is it just words from mouth?
i also wonder those fund manager,since they are so called good in investment,why dont they do investment as a full time career for themselve instead of playing peoples money? |
|
|
Aug 11 2006, 02:33 AM
Return to original view | Post
#8
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
rather than no action talk only, i will try to do the FD next week.but i read the requirement it says the online FD service is only available for allied wat before the merge with maybank.
will try to invest in the unit trust too,it seems easier and can start with just rm500, take it as tuition fees. gemimist,did you apply your online FD here in uk or in malaysia?what are the document i need to apply one? and also if i put this amount into FD,can i put more money in in the next month?or you have to stick with it until the period of FD end? |
|
|
Aug 11 2006, 11:07 AM
Return to original view | Post
#9
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
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? |
|
|
Aug 11 2006, 07:41 PM
Return to original view | Post
#10
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
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? |
|
|
Aug 11 2006, 09:13 PM
Return to original view | Post
#11
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
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??? |
|
|
Aug 11 2006, 11:44 PM
Return to original view | Post
#12
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
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. |
|
|
Aug 12 2006, 12:17 AM
Return to original view | Post
#13
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
how long is the period that you guys choose for FD?...
|
|
|
|
|
|
Aug 12 2006, 02:10 AM
Return to original view | Post
#14
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
so thats mean 1 year in FD is even better in interest than 2-5 years?theorically speaking arent it supposed to be the longer the period you FD the better the rate?
sorry to ask this noob questions but i want to know so i wont regret wasting my time choosing the wrong period. |
|
|
Aug 12 2006, 03:17 AM
Return to original view | Post
#15
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
QUOTE(Geminist @ Aug 11 2006, 08:29 PM) Sorry but I'm not sure about this since all of my FDs are not matured yet. Can open more than one FD at a time?in the same bank? |
|
|
Aug 12 2006, 06:43 AM
Return to original view | Post
#16
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
QUOTE(dreamer101 @ Aug 11 2006, 08:14 PM) 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% so give this example,No, you do not get interest every month. Dreamer I put in rm10k for 6 month FD at the interest rate of 3.5%, after 6th month i will get 10k plus my 10k-98.25%=175 which is rm10175?? and if I put 10k for 1 month FD at the interest rate of 3.1%,after 6 month i will get 10k plus my 10k-99.74%=26 which is rm10026?? correct me if i am wrong... but thats sooo little... This post has been edited by ah_suknat: Aug 12 2006, 06:58 AM |
|
|
Aug 12 2006, 08:58 AM
Return to original view | Post
#17
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
QUOTE(dreamer101 @ Aug 12 2006, 07:54 AM) Your 6 month FD's answer is correct. But, your formula is wrong!!! sorry i dont get it...my math sux since secondary school.The interest should be 0.035 ( 3.5% ) * 6/12 = 0.0175 10K * 0.0175 = 175 You 1 month FD calculation is wrong due to compounding interest. You get interest on top of your interest after every month. The interest should be ( 1 + 0.031 * 1/12) ^ 6 - 1= 0.0156 10K * 0.0156 = 156 As it should be. You should get pay more interest for having a longer term contract. By the way, you should be doing one year FD. It has the best rate at 3.88%. You just buy 1 year FD every months. The minimum is 1k. Dreamer so if i take 6 months FD,i will get rm10176 in total? so if i take 1 month FD continuously for 6 months with the same amount of money invested in. will it be rm156x6 months=rm936, in the end of the 6 months period i will get rm10936?? or the 6th month FD should times 6 also?which is 176x6 month=1056,so in the end i get 11056?or should compound interest apply here? correct me please... |
|
|
Aug 12 2006, 09:44 AM
Return to original view | Post
#18
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
QUOTE(dreamer101 @ Aug 12 2006, 09:17 AM) 1) 6 months FD. After 6 months, you get $10,000 + $175 = $10,175 what did you mean by 1 month FD after 6 months?dont you FD 1 month then can take out after 1 month meh?need to wait for 6 months?2) 1 Month FD. After 6 months, you get $10,000 + $156 = $10,156 We teach this in standard 6 of Chinese primary school. Dreamer than whats the different between 1 month and 6 months than? you mean you teach or you learn? i never learn that until junior 2-3 i think?its a chinese private secondary school too. even though i learn this in college too,but still dont get it.my math very very sux. This post has been edited by ah_suknat: Aug 12 2006, 09:50 AM |
|
|
Aug 12 2006, 10:03 AM
Return to original view | Post
#19
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
QUOTE(low yat 82 @ Aug 12 2006, 09:45 AM) wat r u doin... i dont think so...the return is too small. 1month FD... after 6 month the n go get d money??? i think d calculation is that, 12month-> full interest is 3.1% so each month is 3.1/12=0.2583% if put 1 month, so money u get is 0.2583% x 10000=25.83. correct me if im wrong... i also learnin  |
|
|
Aug 12 2006, 10:10 AM
Return to original view | Post
#20
|
|
Senior Member
5,170 posts Joined: Jul 2006 From: /k//k/, /k/undasang
|
sorry wahai wahai expert semua...
the current issue now is to teach us the calculation of FD...and not teach us what to do with our money... thanks for your help... edit: yeah,i kinda embarrass my secondary school. |
| Change to: |  0.0168sec
 0.37
 7 queries
 GZIP Disabled
Time is now: 9th December 2025 - 08:26 AM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.