At first, we gather a big fund from all participating members.

With this big fund, we will appoint one representative to negotiate with the bank for a better FD rate.

Then each member will get a confidential unique code via PM, our representative will generate code for each member. We cannot disclose this code in forum, this is to prevent non-participating members
might jeopardize our plan.

We do not go to the bank together la..   13 members go together meh..?
Furthermore, all our members are from different places.

Just like normal FD, each member will have their own names on their FD certs.
Representative will PM us a unique code, we will use this code to get special rate
from the bank.

Cool or hot, sweet, spicy or sour, it is too early to tell lah... 
We just try hard to work it out to make it to become a reality.

We welcome our new member wodenus 

Members Recruitment for FD Group Deposit Campaign
Objective: To consolidate all members' funds to bargain for a better FD rate with the bank
Minimum FD deposit: RM 50K per member
Target total FD amount: 2.5 million or more
FD Tenure: Tentatively 1 year
Recruitment Deadline: 31 May 2014
No Obligation: Members can retreat anytime before we negotiate to the bank
Prohibition: Members who registered after March 2014 are not allowed to join this campaign

Disclaimer: No guarantee will success in this group FD plan

Participating Members

Members Ok without PIDM
bbgoat
HJebat
gchowyh
plumberly
tbheng
guy3288
helob
McFD2R
BoomChaCha

Members want PIDM
bearbear
munkeyflo
Nostalgia
MNet
wodenus

Now we have 14 members, total RM 700K

Plan (my brain storm only)
(1) Consolidate at least RM 1 million fund from all participating members.

(2) Appoint representative to negotiate with the bank.

(3) As suggested by Warrior HJebat, after bank says OK, then representative generates and PM confidential code (for bank to  recognize members' identities purpose) to each participating member so that members can place their FDs at special rate by submitting the code to the bank. Each member will get one unique code only.

(4) Members can place FDs in their local bank branches.

Any suggestions are very welcome..Thank You.

No need 2K la.. less than 1K is enough but without monitor, ATX case, and Windows license.
I think so.
Just imagine, when we can get good FD rate, I think most members will put more than
RM 50K if they have more money available (FD mature) at the right timing.

Just have a look at Warrior's post (Sorry Warrior, borrow your post as an example), Warrior
will full load his family ammo..

Ha..ha.. I suspect the motherboard is not stable..
Oh..No..   this sounds like I am obligated to sit in front of my PC most of the time for FD Boom project..?.. Please don't treat me like this la... I still want my freedom la.. 

That hard disk is my old back-up hard disk la..
No need to buy new whole set of PC, some PC spare parts still can use..

Members Recruitment for FD Group Deposit Campaign
Objective: To consolidate all members' funds to bargain for a better FD rate with the bank
Minimum FD deposit: RM 50K per member
Target total FD amount: 2.5 million or more
FD Tenure: Tentatively 1 year
Recruitment Deadline: 31 May 2014
No Obligation: Members can retreat anytime before we negotiate to the bank
Prohibition: Members who registered after March 2014 are not allowed to join this campaign

Disclaimer: No guarantee will success in this group FD plan

Participating Members

Members Ok without PIDM
bbgoat
HJebat
gchowyh
plumberly
tbheng
guy3288
helob
McFD2R
BoomChaCha

Members want PIDM
bearbear
munkeyflo
Nostalgia
MNet
wodenus

Now we have 14 members, total RM 700K

Plan (my brain storm only)
(1) Consolidate at least RM 1 million fund from all participating members.

(2) Appoint representative to negotiate with the bank.

(3) As suggested by Warrior HJebat, after bank says OK, then representative generates and PM confidential code (for bank to  recognize members' identities purpose) to each participating member so that members can place their FDs at special rate by submitting the code to the bank. Each member will get one unique code only.

(4) Members can place FDs in their local bank branches.

Any suggestions are very welcome..Thank You.

Thank you very much for your interest in participating our FD group campaign.

I regret to inform you that we are unable to process your membership
application at this time and this is because your post counts do not
meet our requirement.

We wish you the best in your future FD banking.

Some good point in the article especially the part where the CEO & Senior Managers earning 500k+ p.a didn't have any other significant investment / saving than EPF 

if don't have time to "monitor" & study the market, can invest in UT first. If u bumi can invest in ASB. After that slowly move to equities & forex when you're ready. Not everyone can learn the market overnight, need some time & experience. in learning process, we may lose some money.

Yes, as pointed out by davinz18, UT is a good start for busy executive. You can also explore PMA as I shared here at post #31.
It's designed for ppl who want to invest in stock market but have no time/skill/confidence/interest in doing it.
Btw, just in case you doubted, I am not the agent, but started investing into this early this month. Just for sharing.
Bear in mind low risk low return, high risk high return. You need to balance it with your own risk appetite.
In my opinion, one should not "...just don't think so much and go step into right in...", one will get burnt in no time and don't know why failed. Just my 2 cents. 

We welcome 2 new members: besiegetank & flyingteeku   

Members Recruitment for FD Group Deposit Campaign
Objective: To consolidate all members' funds to bargain for a better FD rate with the bank
Minimum FD deposit: RM 50K per member
Target total FD amount: 2.5 million or more
FD Tenure: Tentatively 1 year
Recruitment Deadline: 31 May 2014
No Obligation: Members can retreat anytime before we negotiate to the bank
Prohibition: Members who registered after March 2014 or less than 300 post counts are not allowed to join this campaign

Disclaimer: No guarantee will success in this group FD plan

Participating Members

Members Ok without PIDM (10)
bbgoat
HJebat
gchowyh
plumberly
tbheng
guy3288
helob
McFD2R
besiegetank
BoomChaCha

Members want PIDM (6)
bearbear
munkeyflo
Nostalgia
MNet
wodenus
flyingteeku

Now we have 16 members, total RM 800K

Plan (my brain storm only)
(1) Consolidate at least RM 1 million fund from all participating members.

(2) Appoint representative to negotiate with the bank.

(3) As suggested by Warrior HJebat, after bank says OK, then representative generates and PM confidential code (for bank to  recognize members' identities purpose) to each participating member so that members can place their FDs at special rate by submitting the code to the bank. Each member will get one unique code only.

(4) Members can place FDs in their local bank branches.

Any suggestions are very welcome..Thank You

Yes, we are planning to gather a big fund from all participating members so that we
can negotiate better FD rates with the banks.

To answer to your questions:
(1) With a unique code for each member, each member will go to the bank to place FD by themselves.
There is no such thing we will pass our monies to one member to place FD for us.
Each participating will have a fully control of their monies, they can even cancel and not to participate our plan, and no questions will be asked.

(2) Participating members just need to use the unique codes to identify themselves to the bank  so that they can get the special FD rate from the bank. So it is up to the participating members whether if they want to have a single name or joint name on their FD account. Participating members can use their existing FD account to place this special rate FD.

(3) We do not know yet. But we have short listed Bank Rakyat and Affin Bank.
Let me brief you our plan:
(1) Consolidate a big fund first

(2) Talk to the bank.

(3) If the bank says ok, then one of our participating members will generate and PM confidential unique codes to each participating member. Then submit these codes to the bank so the bank can
identify us.

(4) We will not reveal the special rate and unique codes in public to avoid unnecessary problem. We will PM special FD rate and unique codes to each participating member only.

(5) Participating members go to the local bank, submit their unique code to get special rate, then place FD just as usual.

(6) All participating members' privacy are 100% protected.

(7) We use unique code because we do not want to explore our identities.

We will improve our planning and procedures little by little..

Please let me know if I am not answering to your questions.
You further questions are very welcome..