Fund Investment Corner v3, Funds101
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 Oct 4 2020, 08:23 AM
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#1
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Probation
12 posts Joined: Oct 2020 From: Melbourne 
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Hi guys, my parents has some retirement money to keep stashed away for any length of time as they have enough money to get by. This is a about $200k. Any suggestion of funds that will be suitable for them? Low risk ideally in case stock market crashes again.
Or are they better of sticking to FD? Citibank's banker told us about Affin Hwang Select Bond Fund. I am also looking at 2.45% FD from RHB Bank. Thanks. |
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Oct 5 2020, 07:00 AM
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#2
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Probation
12 posts Joined: Oct 2020 From: Melbourne
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QUOTE(WhitE LighteR @ Oct 4 2020, 08:46 AM) AHSB fund do fluctuate when there is a shock in equity market. It's not like FD. If u put in here make sure it's for medium to long term. Thanks. Appreciate this.  QUOTE(MUM @ Oct 4 2020, 10:25 AM) You mentioned... they hv enough money to get by n this 200k can be stashed away for any lenght of time.... Try Kwsp? 60k each x 2 a/c this year n repeat that both a/c for the balance 3 monrhs later (next calendar year) Thanks Mum. I will do more research on this. |
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