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Personal Financial Management V3, It's all about managing your $$$
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Aug 5 2019, 03:13 PM
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Getting Started

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Hi all sifus here , I'm in abit of dilemma , hope someone can give some helpful insight .
Let's say , I have normal saving of RM100k , what should I do with the money ? Was thinking to just resort to FD , but then there's so many rate , so far found Bank rakyat rate to be the highest (4.1%) but no PIDM .
If anyone have any other suggestions what to do with the money please let me know . Don't mind considering fund/gold investment as well .
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Aug 5 2019, 03:40 PM
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Getting Started

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QUOTE(MUM @ Aug 5 2019, 03:16 PM) » Click to show Spoiler - click again to hide... «  because of this.... then have to consider.... 1) how long do you need before you need to touch that money? 2) how much % of losses do you think you can take before you take action to shift that money out? 3) if you can consider these fund/gold investment ......why consider whether FD has PIDM or NOT? btw, this is the exactly the same post as posted by "Gatsby IT" (before he deleted it) Hi thanks for replying . I'm thinking what's the best rate of FD for now I saw some with 3-6 months tenure 5% . If someone can educate more on bond or low risk investment would be great .
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