There seem to be many posts amd comparisons for pidm vs no pidm.

Aside from bank going bankrupt which is rare, what else to worry about ? Its not like the major banks will cheat your principle openly wat

yeah why worry pidm or not, i just go for the jugular.
the highest interest for similar tenure, me going all out for the MBB GIA-i now ..
before quota all taken up.

not some to asnb fp?

asnb fp banyak la.....

uhnwi (u for ultra). moving funds between fd & asnb.

joking la u, me small fry only......

guy3288 is our asx legend dude

Yup, it is with BR.
My last remaining FD certificate that is still stranded in BR


If market crash = IR most likely will fall.

Right now, if we have excess $$$, just deposit in any institution that we’re comfortable with (the higher the %, the better…usually go for the highest la ).


Just go for it

I have lost count of how many MBSB’s chapters to become a full-fledged bank went up in smoke.

The same storyline has been articulated since 2012.

Maybe this time the plot with Muamalat can hit the spot & the entire story can reach a rewarding conclusion for MBSB.

This post has been edited by HJebat: Oct 19 2015, 02:40 PM

If that's the last, then you move your money into where? UT/shares/ASX FP/overseas ?

Since last year, pulled out from BR ---> deposit in other institutions ---> recently try to store up in ASW & ASM

Just an I-my-me-mine POV:

1. PIDM is important for long term FD placement. Not really relevant/significant for short term FD placement.

2. Assuming that a bank is facing financial predicament, I doubt that PIDM has sufficient money to pay all depositors.

Ok done with maybank Gia-i.... its guaranteed rates unless OPR drops then rates will adjust accordingly. If OPR rises, rates dun rise tho

Interest calculatd daily, credited monthly and can be compounded. No penalty for early termination and prorated interest recognised.

interest not guaranteed even if opr no change! it is just in case there is some issue. but with mbb not likely to have a problem.

interest compounded? you mean with principle? no, not compounded with principle.

I will tell you all in 1month

Unless some early bird here feedback first

So maybank have the best rate of 4.55% right now for 12months FD - 10k eh?

Feel like locking in Ambank's 60months 4.55%.....

Anyone can confirm my above line?

If you are OK with no pidm (non capital + returns guaranteed) then yes. Maybank is the best for 1 year.

For 5 years, without PIDM, definitely mbsb wins at 4.7%. If you want pidm, ambank 4.55%

by the way, mbb's one is not an fd. it is gia-i product. 4.5% 12 months.

70% for Ambank
30% for Mbb

settled.

Hmm, for a longer term FD with PIDM secured, Ambank should win, coz its a 5 years thingy. But Maybank that one...the fresh fund min of 10k is not insured eh?

Meaning to say all the money you put in are not guaranteed right? So probably by the end of the day, it might give you RM0?

dont understand 70% 30%? care to enlighten? thanks!

Some people don't care about pidm. Nope. I already show in a calculation few post back that mbsb will win ambank anytime despite ambank able to give monthly interest for those >=50 years old.

Yes. You are right. They can tell you that we lost all your money (principal and returns not guaranteed). But if like that maybank commit suicide. No one will put again with Maybank.

Put 70% ambank and 30% into mbsb.

This post has been edited by Ramjade: Oct 19 2015, 05:21 PM