PIDM i heard hv maximum limit they will insurance...i think around 250k..not sure
buying stock...nowadays need a lot of time to do homework before buying...sometimes whole weekend gone on this ...itu pun kdg2 kantoi jugak belum lagi Bitcoin another mother of all risks
QUOTE(savvyaunty @ Dec 5 2017, 06:19 PM)
No but I personally split my deposit into 2 type:
1. Cash savings - put in about 75% in ASx and remaining in FD (planning to move FD to ASx when they mature)
My savings are only ikan bilis so stuck with just 3% interest for FD and to think of it, if ASx/PNB collapse, the whole Malaysian economy probably also mati d. I doubt those PIDM protection will be able to return me my money from the bank
2. Savings for investment - ASx is sort of like my parking place for the money meant for investment
Parking in ASx for temporary dividend while increasing my warchest. not worth wasting on all the fees to buy stocks with small amount of capital
This post has been edited by veera77: Dec 5 2017, 06:35 PM1. Cash savings - put in about 75% in ASx and remaining in FD (planning to move FD to ASx when they mature)
My savings are only ikan bilis so stuck with just 3% interest for FD and to think of it, if ASx/PNB collapse, the whole Malaysian economy probably also mati d. I doubt those PIDM protection will be able to return me my money from the bank
2. Savings for investment - ASx is sort of like my parking place for the money meant for investment
Parking in ASx for temporary dividend while increasing my warchest. not worth wasting on all the fees to buy stocks with small amount of capital