Hi cherroy, may I have your opinion for the following:-

I've some capital, say RM500K which is allocated for fixed deposit/saving. I'm currently putting them in my Maybank Private Banking a/c with annual interest of 2.3% (most updated one), computed on a daily basis. The another option would be putting them in FD, for 1-month tenure, FD rate about 2.95% in Maybank. However, I will use the funds to apply for IPO (new shares) whenever there's. Keeping them in private banking a/c allowing me to enjoy the daily interest without any tenure like the FD. If I were to put them in FD, I might need to withdraw to apply for the IPO, before the FD matures (interest will be forfeited).

And I was also thinking, since I've allocate this portion as my saving/FD, should I just keep them in FD and keep them untouched? As I've already allocated a portion to equities (in my brokerage a/c).

Appreciate your views! Thanks!

I don't think above query has any to do with the topic.

Anyway, just OT a bit, it depends on one's financial management preference, and there are plenty of option/ways eg.
1. Split FD into various trench, that ensure every week you have FD matured to withdraw upon, aka you have a much loose liquidity.
2. There are some good high yield saving/current account in other bank, that may have good rate, we have a topic of it as well. https://forum.lowyat.net/topic/4439367
3. Money market instrument.

IPO is not everyday got one and there is published schedule as well. So one can actually plan ahead for the liquidity needed.

If private bank client, there are some high yield bonds available.

Rm500k qualified for private bank?

Sure a lot Kena burnt. .stocks down down down

No no...not sifu....Just a small fry trying to make some extra galleon

I believe you have the same question in another thread and Jordy has answered.

I wish you good fortunes in the trades to come!

Opportunity favours the prepared mind.

I was almost broke at that time, having just lost everything I had in a failed business just prior to that. So I was basically living on a RM300 monthly allowance.
I had to keep an active trading routine to keep my portfolio growing. Sometimes I had to resort to day or contra trading. As I had very small capital at that time, I didn't have the kind of holding power which I had now.

I opted for the 2 stocks (and a few others) based on fundamental, they had all the right numbers with steady growth, so they hit all my indicators. That was why I boarded them at the low, only to miss the sail few years down the road.
So now another lesson learnt, is to keep fundamentally strong stocks (if one has the holding power to do so). One day it will eventually fly.

Here are some of my sharing

1) Invested around 20k AUD 11 years ago in one small cap IT company listed on ASX. Done all the TA & FA and whatever analyst. Lose 90% of my capital. That amount of money is big for me 11 years ago.
Lesson learnt : never invest big especially in small cap. Only Trade them. Somemore stubborn don't want to cut lose but luckily I didn't average down.

2) Invested in Sapura energy I guess 3 years back. Estimated Lost around RM40k
but this time I smarter, I cut loss when down almost 30% from my purchase price.

Lesson Learnt : don't try to pick the bottom without doing sufficient homework.


3) Venture with friend for Bird Nest Farm 4 years back. Estimated lost RM 30k.
Lesson Learnt : learnt this lesson how screen through bullshit people that only know talk but no action. P

for me i3 forum comment is like s**t
dont ever go there
it will confuse ur mind

Depends on how you look it. This recent fall is neglible. Not even double digit drop.

1) Don't invest like you're gambling.

2) You win, you win. You lose, you lose. Don't be greedy for lambo dream, also don't be stubborn and never cut lost until under wear gone.

3) 1/10 total wealth allocated in high risk "stuff", but make sure you at least understand how it's basically works.

We all are trader in this world, we trade our times, health to work and get paid.
Well, after all money is just a figure.

So do no trade everything for it, doesn't worth. At all

This post has been edited by heavensea: May 16 2019, 01:39 AM

Anyone kena burn with bond investment ?
Want to listen bond investment story..

There hasn't been a default in the Malaysian bond market in many years.. you'll be more likely to find them in Singapore. The most recent one being Hyflux, and there are plenty of disgruntled investors there.

go to finance section of sghardwarezone, saw a thread with damn alot of pages about it

Didnt check it out but you can if you are interested. As Havoc Knightmare said, pretty sure got alot of unhappy investors there

I guess its last yr then

This post has been edited by silverviolet: May 16 2019, 10:41 PM

Everyone makes mistakes. That's why kena burn in investment and a lot of us have made those mistakes.
But the most important are the lessons you take away from those mistakes and whether you learn from them.
Bonds, equities, mutual funds, business venture, gold accounts, bitcoins etc. etc. all are opportunities. We just need to learn to separate the bad and the good and invest within our means and our risk profiles.

..

This post has been edited by icemanfx: May 17 2019, 08:33 PM

Only uninitiated has zero failure rate. If one could achieve near zero failure rate, he would be richer than Warren Buffett. The higher the confidence level, the higher the losses.

This post has been edited by icemanfx: May 18 2019, 01:20 PM

U trade which instrument for investor?

I'm still holding Sapura. Fc*k! What should I do with it?? I think it's about 25k loss now!!

IIRC, I think I average down ....

Lesson: don't trust crony companies blindly ....

This post has been edited by moosset: Sep 21 2019, 03:36 PM