yep, lucky I held back, stayed in rm n sgd!

will monitor....

hmm... iwas just in hlb. not true, it is still 3.85% for 12m, at least in the branch i went to.

however, 15m, 4.0% pa need not extra 10% for earmark since oct 16, was told.

i was first at uob, fd matured, asked what rate, answer was "3.3%". i said, cashier's cheque, please.

the teller didn't even try to keep my money. too much deposits, i guess....

so, hlb it was!

This post has been edited by AVFAN: Oct 21 2014, 01:11 PM

yep, hlb 15m 4.0% no casa is correct right now - i deposited some today.
it required 10% casa 6m earmark for same 15m 4.0% in july when i deposited some then.

i did read about the cheque-giro way, just felt like staying away from that uob branch for good after 2-3 years. long wait, staff attitude, no parking.

i rather lose a few tens of rm over a yr or so to be served better at a more comfortable hlb branch. just me...

i m sure u r right. i think what happened was this:

.. before Oct 16, 3.85% 12m no need casa, 4.0% 15m need 10% casa
.. after Oct 16, 3.95% 12m, 4.0% 15m, both no need casa

between oct 16 and yesterday, diwali holiday mood, internal memos got lost, some staff dun read memos...!

fd is not inv as we all know, just a risk free savings.

property: in 2007-2010, u can get 500%, 1000% roi within 2 yrs.
now, i doubt it. probably can still make decent roi but illiquid, long time to sell.
if can accept lower roi and take certain risks, sure there still r good deals out there.

i m one of those that have been moving some out, not in.

imo, seeing many banks now offering 4%, 4,2% does not bode well for the rm.

hlb report expects rm to settle at 3.55 per usd in the next few months.

fortunately, i din do that previously.

but, as it is, can consider now. besides usd n sgd vehicles...

agree...

1key (i coined this one, ok? ) question - how low can the rm go given the shit we're in (if u read all there is to read about debt levels, capital outflows, 1mdx, etc.... and with #123 mentelis mia... n xtrem proxies getting the limelight every f'g day. epf money to the rescue for sure... but foreign $?

This post has been edited by AVFAN: Dec 22 2014, 07:46 PM

ok!

usa is big brother on earth man-made world, no challenge.

msia, like others, behaving like them... end up like russia, maybe.

it's like a casino - the house (usa) can issue chips, players cannot.

well, one day the casino can n will collapse too... armageddon, they call it, no?