I dun think you can have more than 1 same SA with same name in the same bank.. is redundant.

Aiyoh... sorry. Too fresh sampai talk wrong thing.. paiseh

But u had yet to factor the moving in moving out cost. Time, petrol, toll, etc

Open a hsbc advance. 1st time fd for joining as hsbc advance is 5% fd promo max 30k for 3 mth.

Wow. And hong leong did it good again, being the highest online FD offered in malaysia with 4.5% for 6 mths payable monthly interest crediting.

But I foresee January they will lose out...
Waiting for new promo from other bank and see..

Since rate hike ad confirm, and it will be gradual... more interesting offer ahead

Lol... Maybe u not yet that level gua...

Priority is good

Wad investment can guarantee 10% ?? Got risk one wo

Whilst FD is confirm ini macam get payout

A.) Normal
B.) Priority rates
C.) Inifinite/signature CC free for life with benefit
D.) Yea preferential rates
E.) Save time, drink coffee, parking
F.) BCC hobby- sightseeing lengluis RM
G.) Any bank promo, just call/text your RM to find out

This post has been edited by Bonescythe: Dec 22 2015, 09:06 PM

Thanks for ur experience. Looks like this so call eFD not "e" at all.. haha..

Can go for private banking already

No effect to your NTA

Haha..

I dun want to boast much, but i had to tell u my investment is more than 500% return last year, and this year also nothing less than 200% with the capital employed. 10% is good, but if that money is risking for only 10% return, not attractive at all.. lol

But despite that, why i put FD for 4.5% ?

FD is almost no risk, unless bank collapse and ur money gone. Even that, pidm still protect 250k per bank.

FD is really do nothing and get passive income. You dun even need to find tenant or repair your leaking house and pay cukai tanah and etc.

Only risk is currency risk.

This post has been edited by Bonescythe: Dec 25 2015, 01:55 PM

Millionaire or millionhair, i dun want you to speculate my NTA la, i am only a kuci miao. If i invest rm100, get back rm600 and above, tat is more than 500% ad ma but 1 thing for sure, i am a millionhair, so dun call me unker yet.. haha


Ok, i have to note that this kind of high return investment is not passive investment, it is highly active, risky, volatile, time consuming activity that need constant monitoring and study. There is so much work involved, can take me more than 12hrs a day to get that return.

But FD on the other hand is really doing ntg. Maybe the something that you need to do is to hunt for good promotional FD, other than that, literally sit and wait

Now u see, active income and passive income have different feel. 1 person will draw more security with a passive income, really by doing ntg and seeing money crediting into the saving acc without fail. This kind of feeling cannot be beaten by any kind of other active investment.

If one day i only know how to build my active investment return, but foresaken my passive income side, if i touchwood land into accident, paralyze, or disable, that will be too late.

Is better to diversify into something solid and u know mati mati also u will get it punya financial tool, macam FD.

I will still continue my active investment, but i will continue to use the money earn from active investment and build my passive investment/money tool, for me, most solid = FD

This post has been edited by Bonescythe: Dec 25 2015, 06:35 PM

U see... 1 year is 500%, another is 200%.. the fluctuations is very big. Next year maybe -50%, possible stuff.

My style is like this
Example..

Year 1 - capital employed 100k
Total year end profit + capital = 400k
So take 200k locking FD

Year 2 start 200k
Total year end profit + capital = 300k
So take probably 100k to 150k locking

Year 3 start 150k
And etc...

I had a fren, real case..

Year 1 - 60k capital
After year 1, total gain + capital = 160k

Year 2 - capital 160k + 60k loan = 220k
End year 2 = left 40k

Now trying to rebuild back.. but it is tough with current market situation.

The problem is because he didnt lock.

Same for my scenario, if i didn't lock, a few mistake will be having me say bye bye to my profit, or worst, even capital.

Btw, there is no highway to success. My way is not highway at all, it is crazy tons of works and a lot a lot a lot of research, networking, meeting people bosses and dedication and passion. Not highway at all, i work more than 12hrs during my starting point without any result, endured for 2 3 years.

So back to FD, i just want to point out that why rich people still put FD is because, the nature of FD, u just can't get it anyway easily with that kind of assurance and liquidity

Since u so like affin bank.. scare u a bit, affin bank make quarter losses.. careful your $$$ ooo.. hahaha

Abit takut ad.. maybe need diversify to euro usd or chf ad...

Sorry pardon me... but i just couldn't understand why you dun want a saving account ? Izit because of rm 8 annual fee ?

Dun judge sp early. Today is first day.. bank not yet open with surprises...

We got 364 days to go.. !!

5% my target first.