Aug 24 2008, 01:29 PM
QUOTE(shadowz @ Aug 24 2008, 12:04 AM)
Hi.
My Aunt suggested I buy ASB for bumiputras as she feels it is the best form of investment for bumiputra (high yield/low risk)...
However, I am still uncertain. Every investment has its risks right? What risks do I face if I buy ASB and max it out? O_o For bank FDs I know it is that banks only insure 60K of amount... Stocks can plummet and properties can remain stagnant or suck your money, etc... What is ASB risk?
Seems to good to be true to simply dump money there and get 'guaranteed' high returns(8-10% is relatively high to me as it is classified low risk...)...
Feedback plz?
i already borrowed rm50k from maybank.. but i still not clear about ASB.. i also want to know My Aunt suggested I buy ASB for bumiputras as she feels it is the best form of investment for bumiputra (high yield/low risk)...
However, I am still uncertain. Every investment has its risks right? What risks do I face if I buy ASB and max it out? O_o For bank FDs I know it is that banks only insure 60K of amount... Stocks can plummet and properties can remain stagnant or suck your money, etc... What is ASB risk?
Seems to good to be true to simply dump money there and get 'guaranteed' high returns(8-10% is relatively high to me as it is classified low risk...)...
Feedback plz?
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