anyone deposit money under this PIDM . Seems like it's a FD protection scheme to protect the public in case any bank goes bankrupt.

http://www1.uob.com.my/personal/deposits/PIDM/pidm.jsp

are our FD save?

i plan to deposit in super salary in scb since this is the latest talk in this current topic. I guess you guys have done quite a research for high interest rate provided by the banks.

just like to ask if i deposit today, will i get the extra bonus which is given every month or just until the end of this year?

FD saving is better or buy Gold is better for Long Term ?

for child edu saving, is it better to save the money in FD for 10 years or better to put in those insurance saving plan for JR?

thanks cherroy, i have been approached before by some insurance agents about 8 years planning plan for junior but the plan always got to link with an investment plan . when it's link to investment plan, they always estimate an average interest rate.

thanks again . this really open up my perspective straight away. your suggestion on the separate investment does gives a better control and same time transparency . the combo (insurance+UT) is very confusing whenever the agents trying to explain. the language they used to describe also cannot be easily understand at all.

will do some research on UT now. thanks

you mean during the 1st-5years there's no interest yet? only after the 5th year got interest?

additional profits meant here is yearly interest accumulated of 7% every year ( beginning from the 5th year)?