same sentiment about 5 years, perhaps due current uncertainties...

which promo you will/ended up getting?

ocbc 13m 4.2% is the only choice now, moving from UOB

Actually after seeing Ah Boom Ah Sir gaining from 5 yrs FD in BR and MBSB, it sets me thinking those years that I have been rolling for yearly FD at low rates, if I have put to 5 yrs, would have gained more.

So now looking at short term, 1 year, 3 years and 5 years terms. A matter of how much to put in each terms.

This post has been edited by bbgoat: Oct 10 2015, 08:27 AM

Not considering HL 4.26%, AmBank 4.2%, even MBB GIA-i 4.5% ?

For convenience sake...as already having a registered joint account with ocbc ☺

I'll be monitoring the monthly interest given by MBB GIA-i 4.5%.

4.0% is for 6 months, gonna see if 7th month gives 4.07% and subsequent months with diff rate. would be interesting for month 11 and 12

based on calculation, it seems they are rolling every month for 12 months.

This post has been edited by cybpsych: Oct 10 2015, 10:03 AM

For Maybank 4.5% FD, the interest is compounding or they masuk into CASA monthly?

casa monthly

I heard the branch manager said they will announce their rate in every 16th of the month , so it may get lower or higher rate in case any changes e.g. Opr , etc

No, NOT rolling for every month !

Their table shows average of 12 mth 4.5% with pay out same as shown per month. Unless OPR goes up then the payout could be higher. If not still average 4.5%.

This post has been edited by bbgoat: Oct 10 2015, 10:21 AM

If you are >= 50 years old, better go for ambank 4.55% which can pay you interest every month. If less than 50, you get interst every 6 months.

Keep in mind that maybank 4.5 is neither capital or returns guaranteed.

Not EPF's SOP to distribute 70% account 1 : 30% account 2 ka?

If you intend to participate in the self contribution programme, why want to add then withdraw your money?

I think it's better to screen out the money that you can deposit for long term vs short/medium term. Then kasi taruh abis-abis the long term $$$ into EPF to enjoy the dividend. Unless tarak tahan with the gahmen sipping $$$ out from EPF or whatever bala bencana, just commit your money in EPF. The dividend rate normally is > FD rate.

PS: Did not mention other investment options since we are discussing about EPF here...so ada sikit OT

yeah, cuz islamic gia rate is indicative. actual rate will be reviewed periodically only way to know is calculate the actual interest/dividend credited.

yeah, it's averaged out for whole 12 mths tenure

for fun only, i'm interested to know what is the actual dividend (assuming no rate revision) for month1, month2, and so on.

would it be RM37.60 (monthly avg) or varies according to month (table below).

Wow, 2017...almost cross the finish line. Mine is a year later than yours.

If based on write-ups & tales passed down from generation to generation, the 10-year cycle of stock market crash will be approaching around that time wor. By that time, I think almost everyone needs to do blood test to determine our health conditions. Not just you alone. Mana tau sekali market sink heavily ... Mana ada urge want to put 5-year FD lagi

Maybe the best practice to ride out the hard times is to live the way of life of a monk


BCC memang ever so humble...

Ok la, not super duper filthy rich...but still wealthy la...ada PB status, higher FD rates, dandy gifts etc. compared to the masses.

Strictly place 5-year FD with extra money, then the woes of MBSB makan & merge with Muamalat or not, ada PIDM or not, market collapse or not; won't distress us much.

Malaysia boleh! Kau boleh! BCC boleh!

Why mine is added to principal.

is something wrong here?

The table is your own calculation or from MBB ?

It should varies monthly based on number of days per month 29 (Feb), 31 or 30 days.

This post has been edited by bbgoat: Oct 10 2015, 11:47 AM

i sendiri kira punya la

just wanna see if it matches with MBB's promo rate


i treat it as monthly rollover. then get the dividend for each month (day count varies).

then, i reverse calculate from dividend, to see if the EIR matches.

with this table, once i gotten the 1st month dividend, i would know the actual EIR.

This post has been edited by cybpsych: Oct 10 2015, 11:55 AM

u gotten your 1st month dividend?

There is easier method to check just the rates only. Of course if you want to check the monthly amt to know the actual amt, then fine (shiok shiok)

Monthly rollover ? You mean the interest added into principal for next month interest ? I didn't get you.

This post has been edited by bbgoat: Oct 10 2015, 12:01 PM

no. what also don't have.

damn lo... i think the stuff do it wrongly already.