Hi sifus,

My parents just sold off some land in sabah and received a big sale proceeds.

After discussion with several experts, the best investment seems to be fixed deposit for the following reasons.
1. buying a big house for capital appreciation takes alot of time and will also use up half the proceeds. But will enjoy relatives admiration during festive house visitation.
2.buying several condos to collect rent seems to be challenging as demand is low compared to supply and profit is similar to FD rates. However capital appreciation is quite alot if able to cash out.
3.FD will provide stable and re-curring income.

So fixed deposit will suit them as it provides them stable income to pay rental for the place they stay and also money for their living expenses.

So in this case , would like to ask sifus here how to help my parents play the fd musical chair game.

Plan A : put into BR 4.55% 2 year FD ( monthly payment is good however interest rate is likely to go up , so may lose out on interest if FD promotion hits 5% by year end)

Plan B : Afin bank and BSN 4.5% one year FD ( no monthly payment, so need to set aside living expenses for one year. But if fd rates increast year end will benefit)

Plan C : play short term FD musical chair like hlb 6 months 4.5% , alliance ban 3 months 4.35% ( so can benefit from fd rates increase, however if no promotion then will lugi)

Plan D : mixture of plan A,B,C

Any comments will be deeply appreciated as I am very new to the FD markets.