Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 FundSuperMart v16 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

views
     
drbone
post Dec 14 2016, 09:48 PM

Regular
******
Senior Member
1,757 posts

Joined: May 2011
How safe is it investing using FSM? A noob question. smile.gif
drbone
post Dec 15 2016, 11:19 AM

Regular
******
Senior Member
1,757 posts

Joined: May 2011
QUOTE(T231H @ Dec 14 2016, 10:13 PM)
safe as in what?
chances of losing invested monies due to DIY or
chances of being cheated or FSM platform being sort of just a Ponzi scheme?
or what do you mean by "safe"?
notworthy.gif
*
In terms of FSM platform winding up if it ever occurs.

QUOTE(adele123 @ Dec 14 2016, 10:16 PM)
https://www.fundsupermart.com.my/main/faq/1...-and-Safety-230

part of the FAQ you should read. not noob, valid question although FAQ is there.

if word of mouth is what you need, i guess the number of respondents here are a fairly good number?
*
Am amazed as well at the amount of respondents.
drbone
post Dec 17 2016, 11:49 PM

Regular
******
Senior Member
1,757 posts

Joined: May 2011
What is the maximum anyone has invested using FSM so far ? Just wondering.
drbone
post Dec 18 2016, 12:49 AM

Regular
******
Senior Member
1,757 posts

Joined: May 2011
QUOTE(Avangelice @ Dec 18 2016, 12:37 AM)
one or two of us here have reached gold but so far I haven't heard of a platinum as it would make sense those who have the money won't be needing unit trust to make more money anyways.
*
Gold meaning ?
drbone
post Dec 18 2016, 03:26 PM

Regular
******
Senior Member
1,757 posts

Joined: May 2011
QUOTE(wodenus @ Dec 18 2016, 09:57 AM)
Can you open a bank account as a non-resident?
*
Yes possible as an OCBC premier banking customer, but apparently the rules are gonna be stricter come 1/1/17. In order to have an SG account, need to transfer about $200K and all will be sorted by the RM there.
I was considering earlier but due to multiple responsibilities, I had to delay the transfer. Still considering though. However OCBC SG has many products that promise returns which are not too bad , but then again, it's a bank we are talking about.

This post has been edited by drbone: Dec 18 2016, 03:35 PM
drbone
post Dec 18 2016, 03:29 PM

Regular
******
Senior Member
1,757 posts

Joined: May 2011
deleted

This post has been edited by drbone: Dec 18 2016, 03:29 PM

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.1487sec    0.37    7 queries    GZIP Disabled
Time is now: 9th December 2025 - 01:05 AM