Jun 12 2016, 10:49 PM
QUOTE(chicaman @ Jun 12 2016, 10:12 PM)
May I ask, PIDM Protection is important?
QUOTE(wonderor @ Jun 12 2016, 10:16 PM)
Well, it depends on how you look at it. Some people just want to have a peace of mind. If Maybank goes bankrupt (which is very less likely). You will still be able to get back at most RM250K.
Would like to understand this PIDM as well, it is not capital guarantee return only or not interest guarantee return ? Kind of misleading as how can a fixed deposit instrument not covered in some way ?
Might as well call it derivatives investment instead, no ?
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