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 Maybank eGIA-i 3.45% p.a., Rojak of SA + FD + MMF

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Ramjade
post Jul 22 2018, 02:48 PM

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QUOTE(fairylord @ Jul 22 2018, 02:16 PM)
Thank you boss

Thank again.
both not under PIDM, right?
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PIDM won't really be an issue to me as the underlying asset is basically FD.
Another reason is PIDM only cover when banks go broke.
Ramjade
post Jul 30 2018, 10:26 AM

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Egia interest too low for one month placement.
Ramjade
post Aug 2 2018, 12:57 PM

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QUOTE(aeiou228 @ Aug 2 2018, 01:59 AM)
If the amount is more than 20k, why not UOB ? Above 20k 3.13% or above 50k 3.6%. With savings account flexibility too.

This new eGIA just nice to fill the gap for under 50k parking money.
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QUOTE(fairylord @ Aug 2 2018, 12:29 PM)
Means PIDM somemore ?

Just campur bincang, ikan bilis even has no that big total wealth, not to mention emergency fund. doh.gif
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QUOTE(wongmunkeong @ Aug 2 2018, 12:42 PM)
whoa.. tq U very much for highlighting this account.
much more flexible than money market funds, with as high an interest rate +PIDM  :thumbsup:  notworthy.gif
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I recommend Phillip money market fund. Easily 3.6%. No t&c. Easily beats what banks have to offer.
Ramjade
post Aug 2 2018, 11:48 PM

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QUOTE(wongmunkeong @ Aug 2 2018, 02:03 PM)
some $ in traditional PIDM stuff ma.. risk management. ohm.. smile.gif
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PIDM only pay you if banks bankrupt. Money market in Malaysia invest in FD. So...
Ramjade
post Aug 13 2018, 10:50 PM

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QUOTE(final @ Aug 13 2018, 10:48 PM)
noted with thx.

wish further advise on tis. Is tis better than fixed deposit?
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eGIA was good in the good old days. Now not anymore. You might want to take a look at https://www.eunittrust.com.my/ (Phillip money market fund - scroll right down)
Ramjade
post Aug 14 2018, 06:37 AM

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QUOTE(fairylord @ Aug 13 2018, 11:39 PM)
Sifu Ramjade, is there a dedicated thread to discuss about this fund as I'm new to fund and only recently invest in asb.

Wish to know how much the minimum to put this in, and there are board rate shown in tabulation in the link given but none the tenure shows 3.69% (besides the ads banner)? So it works almost like this eGIA? The only con is it take longer times (few days) to get the fund back to saving accounts compared to eGIA, am I right?
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Already replied you in the relevant thread

QUOTE(final @ Aug 13 2018, 11:40 PM)
huh..tis is a totally new thing for me, thx for sharing.

the interest rate is around 3.xx daily?
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No one is going to give you 3.xx daily. Is 3.xx/year.

Ramjade
post Aug 17 2018, 06:13 AM

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QUOTE(bla2sheep @ Aug 16 2018, 09:51 PM)
i just placed my GIA-i... however the interest rate is only 2.5% instead of the 3.2%.... anyone notice this?
EDIT: just notice that MBB change the one GIA month rate to 2.5% instead of 3.2% that i checked few days back.... bangwall.gif  bangwall.gif
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QUOTE(mamamia @ Aug 16 2018, 11:23 PM)
2.5% is so little, I rather use SCB PSA or UOB One
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Don't use Egia. Last time yes, nowadays is better to go with Phillip money market fund.

QUOTE(guy3288 @ Aug 17 2018, 01:20 AM)
yes surprisingly the interest seems calculated daily right to the dot.
check it out here,better than  GIA rate
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That's why I use Phillip money market fund only.
Ramjade
post Aug 29 2018, 09:58 PM

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QUOTE(fairylord @ Aug 29 2018, 09:32 PM)
Wow, MBB too.much money to invest nowhere and decided that move since Jun 2017?
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It used to be good. 4.5% can withdraw and get back money + interest instantly the next day.
Ramjade
post Aug 31 2018, 06:34 PM

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QUOTE(Nom-el @ Aug 31 2018, 05:26 PM)
Actually, there is another option. It is Phillip Master Islamic Cash Fund (PMICF). It works almost the same as PMMMF but it invests in Shariah-compliant instruments. The unit price is fixed at RM1.00 though instead of RM0.50 for PMMMF.
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How's the difference in return between the Islamic and PMMMF?
Ramjade
post Oct 15 2018, 07:50 PM

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QUOTE(kovin @ Oct 15 2018, 09:48 AM)
what you guys think, if just for very short term for example 2-3 week, eGIA still a good place to park?
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Nope. Go for PMMMF.

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