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 FD rates in Malaysia, Which bank offer the highest FD rates?

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jphlau
post Aug 20 2009, 01:16 PM

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CIMB has 2.58% locked in for 8 months in conjunction with national day. 2.58% only for senior citizen while normal rates will be 2.48%
jphlau
post Mar 9 2010, 06:09 PM

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QUOTE(gundam76 @ Mar 9 2010, 05:52 PM)
thank you  notworthy.gif

It is rather safe to put FD, it maybe lower interest but the capital is still there when I need money..

laugh.gif
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Then you can try also structured investment which also will guarantee your capital.
jphlau
post Mar 30 2010, 02:03 PM

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QUOTE(gark @ Mar 30 2010, 12:18 PM)
If we just rely on FD's interest rate to be the majority of our investment, we will lose the same amount to inflation. I am aiming a minimum of at least 5%-7% per year just to break even with no gains after inflation. Investment is less about skill and more about reading, quantifying and make summary judgement, and more reading.  laugh.gif
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you can easily get 5% through asm or possibly as1m.

and in order to survive (beat inflation), you will need to target >10% per year
jphlau
post Jun 11 2010, 11:37 AM

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QUOTE(gundam76 @ Jun 9 2010, 11:24 PM)
hey Guys,

  Public bank also launch new type of FD....do refer to this PB step up rates

I was been informed by my admin manager, she told me it is worth putting it, it is until end of june 2010. For those ppl like me who doesnt want to take risk, you may consider it. you can take back the money after 10 months. There is a pdf file you can refer.
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not really worth it. If you calculate properly, you only get 2.83% per annum. The interest earned monthly are not rollover and interest will be calculated based on your principle. If you break the fd, then you will only get to base 2.5%
jphlau
post Aug 19 2010, 11:40 AM

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QUOTE(keneshiro7 @ Aug 18 2010, 11:00 PM)
Any term & condiiton apply?
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actually the promotion is to open a HSBC premier account (needs 200k) and they will give 5% FD for 3 months. You can use that 200k for FD but there is a limit on the amount. Cannot remember now.

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