Leng lui RM called inviting me to a dinner event on launching of a bond fund. RM's are more interested to sell UT.

Asked her on the Hugo Boss pen promo, she is NOT aware of it.

I looked at the T & C. Looks like OCBC has updated the T & C instead of the one I saw on 1/7. Still 40k FD needed to get the pen but RM not aware of it. Bad job of OCBC that their staff not aware of promo.

This post has been edited by bbgoat: Jul 6 2015, 06:23 PM

Bro, not only must deposit minimum RM40K, but you got to SMS to register and then fill in an online form. The pen will be delivered at a later date to the branch.

I guess Captain is more of:

for those who have made their money on speculative investments and have enough of the thrills that comes with it

Yes, I saw the website mentioning it. But the point is RM NOT aware of it. Same for the OCBC CNY Ang Pao promo, the leng lui also not aware of it.

Bro, once again don't speak on my behalf

Investing in the right stock at the right time AND selling it at the right time can make you a lots of money.

I will accumulate more stocks if the price is within my target And if I don't sell my existing shares now and we face a recession, I'll loose lot of money

This post has been edited by Gen-X: Jul 6 2015, 07:00 PM

Aiya, how is that considered speaking for you ? I said: I guess. Just forming opinion which may be wrong about you.

Oh, so now I know Captain still holding stocks. I thought you are holding almost all in FD's. How wrong I am.

I do need to follow suit as I also have shares and UT which may face the same issue. Timing is really key !

This post has been edited by bbgoat: Jul 6 2015, 07:03 PM

uncle "chiak bui liow" also worry?

6 monthss 7%,no joke?

6 months 7.8%p.a, you will need to put another half the funds into ASB though

dia cakap maybank.bukan rhb

Only RHB is doing the FD/UT bundle. The forumer said FD is in MBB.

deleted

This post has been edited by Gen-X: Jul 6 2015, 10:32 PM

Bro, I thought you been following my blog where I said after I retired IRB paid me (from my shares' dividends which were imposed 25% or 26% tax) enough to get my wife Channel and LV handbags. But starting last year... no more rebate/income from IRB

hahaha. I did not say I'm worried but said I will loose money if recession comes (compared to if I don't sell them now) ... but then again, opportunity to buy at cheap prices during recession. Actually, if one buy the right shares during recession, the yearly dividend may work out better than FD.

Actually, I sold some shares two weeks back, bought them at RM1 many moons ago and paying about 10% dividend for years but it shot up to above RM6 recently, had to lock in profit. Today, price below RM6.

FD money reserved to pay children's tuition fee which may not be enough in few years time.... if I don't sell my shares where got cash go waste money on watches and jewellery

This post has been edited by Gen-X: Jul 6 2015, 10:30 PM

Hi, can you please provide the name of this offer ?
I couldn't find info on this on the maybank website. Also can this be done online through M2U ?

Hi, can you please provide the name of this offer ?
I couldn't find info on this on the maybank website. Also can this be done online through M2U ?

owh, my bad.

Please read Post#1, it specifically states:

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest promotion.

Very seldom does Maybank, Alliance Bank, UOB and RHB advertised their FD/TD promos at their website unlike HLB, OCBC, PBB and AmBank.

And Maybank FD Promos must be done over the counter.

This post has been edited by Gen-X: Jul 6 2015, 11:29 PM

Hi, im confused. let's say i deposit RM100k into FD (Maybank Promo now) which 12 (6 +6) Months Step Up - 4.04% and 4.3% . Effective Interest Rate 4.165%. Means i calculate interest based on 100K x 4.165% = RM4165? Or? Quite new on FD promo. If compared with OCBC, which it gives 4.2%? Means OCBC is better in term of FD rate?

Yes. If got effective rates, you multiply with the effective rates. Depends on distance of bank, petrol, parking and bank staff. Is it worth your trip? For me I always go for the bank with highest effecive rates with PIDM protection. Cause all the banks are located next to each other.

If you are asking which bank I put, I tell you it is affin bank. 4.33% for 15months. No stupid deposit x% into CASA. Pure FD. Just open an account with them so that upon maturity, principle + interest is credited into the account you opened. Not sure if it is still available.

Gold price has gone up about 4% compared to about 1.5 months ago. With ringgit performing badly, the gold price comparatively have strengthen. With Greece crisis and 1MDB debt which may pull down the ringgit.