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 Fixed Deposit Rates in Malaysia V3, Read 1st post to find highest rate.

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adolph
post Jan 8 2013, 11:10 AM

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QUOTE(ngaisteve1 @ Jan 8 2013, 10:50 AM)
MBSB FD rate how much? Any link?
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The highest rates 4.75% already ended at 31 december 2012 with minimum $1,000 placement, another additional 0.5% interest rates will be given.

However, no news in the official website stated the MBSM fabulous fixed deposited extended till march 2013.

Promotion period,
http://www.mbsb.com.my/misc/FA_Fabulous_Flyer.pdf

Link,
http://www.mbsb.com.my/deposits_fixed.html

This post has been edited by adolph: Jan 8 2013, 11:15 AM
adolph
post Jan 8 2013, 02:14 PM

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"Question answered about DanaInfra Nasional Berhad ", answer had been found by my-selves.


This post has been edited by adolph: Jan 8 2013, 02:29 PM
adolph
post Jan 9 2013, 09:43 AM

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QUOTE(ngaisteve1 @ Jan 9 2013, 09:28 AM)
like that safe or not?

where to place the FD for MBSB? in KL office near masjid jamid there?
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Ngaisteve1,
You may refer to the link as given smile.gif
MBSM is a listed company, majority shareholders is our government, the largest holds by Employees Provident Fund (EPF) and Pemodalan Nasional Berhad (PNB). The company was founded in 1950, and 63 year old of establishment.


Info,
http://www.mbsb.com.my/branches_central.html

This post has been edited by adolph: Jan 9 2013, 09:51 AM
adolph
post Jan 9 2013, 11:10 AM

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QUOTE(vincentboleh @ Jan 9 2013, 10:28 AM)
Lets take RM100K invested in a year and you get additional 1% or RM1k.
Question is, would you risk your RM100k just for the extra RM1k offered?
I would'nt, but I agree that we all reserved the right to take risk differently.

Remember the grandparents' sayings:
(1) Do not buy house built on mining land;
(2) Only buy landed property; and
(2) If you plan to change your car in 5 years, do buy something with good resale value.
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Vincentboleh,

Nobody will invest $100,000 for 1% return and risk for it, if afraid to lose $100,000 and want everything in guarantee, just put it in fixed deposit that offer security and guarantee by PIDM. But in long term, the purchasing power of paper money always goes down by similar percentages. Money won't grows, and have to work with it in order to gain more money.

I heard "power of compounding", but there's still exist "power of inflation". but still, fixed deposit is almost relatively safe, even it not guarantee by government. Just go for it, you choose the vehicle investment yourselves, money and life is yours. no hard feeling.

Grandparent saying is indeed, a good thing. but not all of it, today life is different compare old ages, industrial ages, technology ages. As some of them still believing, get a good school, good job, get a good retirement still exist today. Today, it not only education is vital to us, one of the varies about grandparent is real life experience, it different with us compare before. An entertainment is becoming a real life boom in nations. As saying, there's pros and cons. therefore, i believe change is a must.

This post has been edited by adolph: Jan 9 2013, 11:17 AM
adolph
post Jan 27 2013, 07:15 AM

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QUOTE(gsc @ Jan 27 2013, 03:08 AM)
Year  Rate
2000  6.00

2001. 5.00

2002. 4.25

2003. 4.50

2004. 4.75

  2005  5.  00

2006.  5.15

2007. 5.80

2008.  4.50

2009.  5.65

2010.  5.80

2011.  6.00

Usually the announcement is made in March or April, if the GE is after the announcement, may be we will get a good rate for the election sweet
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Yeah, sluggish company. Dividend on last year need to declare at the end of March on next year usually.
adolph
post Jan 27 2013, 11:23 AM

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QUOTE(EddyLB @ Jan 27 2013, 11:04 AM)
Boss, if you look at the history back to 1980s, you may not think it is "quite good"

1983-1987 8.5%
1988-1994 8.0%
1995 7.5%
1996 7.7%
1997-1998 6.7%
1999 6.84%
2000-2011 NEVER MORE THAN 6%
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2012 - 6.00% dividend,
better than Singapore Retirement Fund (CPF) or known as Central Provident Fund, Ordinary Account (OA) since 1995 to 2010 average 2.8% interest to maximum 3% interest. SMRA Account or known as special and medisave account (SA) mainly for 4.10% interest rates over 5 years.

1# Minimum OA account - 2.5% interest rates
2# Minininum SA account - 4% interest rates

Info,
http://mycpf.cpf.gov.sg/CPF/News/News-Rele...Oct2011_MF3.htm
http://mycpf.cpf.gov.sg/Members/Gen-Info/I...s/Int-Rates.htm
http://mycpf.cpf.gov.sg/CPF/News/Highlight...investments.htm
adolph
post Jan 27 2013, 12:59 PM

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QUOTE(EddyLB @ Jan 27 2013, 12:32 PM)
Taiko, if you want to compare other country's retirement fund, it would in better perspective if you could compare more countries, both 3rd world and developed countries ?

If only 1 country, then can I choose India to show better interest rates declared to show my point ? laugh.gif
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EddyLB,

India inflation rate is much higher and worst than Malaysia, most good fixed deposit interest given by those country, inflation rate are not good. The reason i pick Singapore because it only our neighbor country. Their interest rate and inflation is better than us, if we compare before independence for Malaysia, Singapore and Malaysia exchange is same currency rate. Our currency depreciate a lot compare Singapore Dollar. smile.gif

Opps, I think out of topic now, better we stop right here and discuss our sharing at other thread.

This post has been edited by adolph: Jan 27 2013, 01:03 PM

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