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 Fixed Deposit Rates in Malaysia V6.1, Please Read Post #1

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wodenus
post Apr 13 2014, 07:53 PM

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QUOTE(iloveusms @ Apr 13 2014, 07:09 PM)
Beside UOB 3.65% 13 month,any higher offer again?as i know RHB can apply for 3.5% for 1 years FD.
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Monthly interest credit? or not?

wodenus
post May 18 2014, 09:22 AM

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QUOTE(esy @ May 17 2014, 08:09 AM)
BR is not really a "big-gungho-commercial-bank" like the rest. So, I personally do expect flaw here and there, but it is not as though other "so-call-pro-banks" is that good in service as well ...  sleep.gif ...


At least they don't shortchange you.

wodenus
post May 18 2014, 09:24 AM

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QUOTE(BoomChaCha @ May 18 2014, 12:41 AM)
Agree...  sweat.gif .. I do not think this is a good sign either; especially this is a very bad service when no official letter
send out from BR to inform depositors about the recent change of dividend pay date, and I feel like they do not respect
their customers..  mad.gif
In fact, I am more worried about BR's professionalism and the way they run their business..  sad.gif
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Yea lack of professionalism.. that's what it is. It will kind of suck if you have to check the amount every month.
wodenus
post May 21 2014, 02:00 PM

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QUOTE(Avangelice @ May 9 2014, 02:23 PM)
Hey guys I need your feedback on this. I had 50k to begin with last year and I put all in maybank fd. Company gave me shares that I purchased at 36k which I took out from my Fd. Left 15k which I renewed on monthly. Took out my shares of 36k from my company last week and now I need to invest again in Fd but I went back to maybank and they advised that I open an e Fd for my 30k and keep the 15k with them.

My dilemma is that wouldn't combining 45k into one account get a better return instead of saperating them in to two different accounts? Please advise and which bank do I go next?
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You lost 5K? anyway all in FD is always better than some in FD + some in savings.
wodenus
post Jun 7 2014, 11:10 PM

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QUOTE(cappuccino vs latte @ Jun 6 2014, 08:43 PM)
Did BR having eFD feature?
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BR's ATM won't even accept my phone number.
wodenus
post Jun 8 2014, 11:18 AM

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QUOTE(bbgoat @ Jun 8 2014, 08:42 AM)
Ha ha, must be a very special number ??  tongue.gif  Myself no issue at first go at the ATM. While my number has 888 there. Yours must be even more special than that !!  tongue.gif


7-digit mobile number, digi 010 tongue.gif


This post has been edited by wodenus: Jun 8 2014, 11:19 AM
wodenus
post Jun 30 2014, 08:49 PM

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QUOTE(fuu @ Jun 27 2014, 08:51 AM)
Hi, I went to enquire about Affin's 12 mths FD. 3.6%. The customer service person told me that interest would be credited monthly into savings provided I put in RM10k minimum. Anyone has experience in this?
Thank you.
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I was told this was not possible.
wodenus
post Aug 4 2014, 06:46 PM

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QUOTE(Ramjade @ Aug 4 2014, 06:35 PM)
Ok, I am starting to understand a little. Next question, why does the cheap money goes back to US? Is it because people are having confidence in the US again so they remove their investment from developing country and pump it back to US? Am I right here?

Another question is why it may not happen in Malaysia? The last I check, Malaysia is still a developing country.
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Mainly because the US is less risky than Asia. Yes basically that, for the same interest rates, most people would rather put it in the US than Asia.

The reason it won't happen here is because people want to diversify into Asia emerging markets. The local market is severely underpriced. The Phillipine Stock Index (PSEI) is 3X more expensive, and the economy is so bad their people come here to work as maids.

This alone shows you how defensive we are. So people who like to have defensive diversification in Asia EM usually invest in Malaysia. I mean, where else would you invest if you wanted to invest in Asia EM?

This post has been edited by wodenus: Aug 4 2014, 07:07 PM
wodenus
post Aug 4 2014, 07:05 PM

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QUOTE(Ramjade @ Aug 4 2014, 06:51 PM)
Er Singapore, China, S.Korea?  tongue.gif
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Singapore and South Korea are developed countries.. I meant developing markets in Asia. China is weird... there is supposed to be a lot of growth but it is not reflected in the share prices.

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