Whatever happened to that adage ... "If it sounds too good to be true, it probably is" ?
Ubb CASH TRUST 3 years nett 6-8% pa anyone?, UBB Amanah Bhd
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 Sep 17 2023, 05:09 PM
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#1
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Senior Member
7,847 posts Joined: Sep 2019 
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Jan 8 2024, 08:54 AM
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#2
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7,847 posts Joined: Sep 2019
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QUOTE(Wedchar2912 @ Jan 7 2024, 11:48 PM) A ponzi scheme can last very very long.... It is always safe until it is not... To be honest, first in, first out ponzi participants will always sing songs and regal others on how many millions they've raked from the ones left holding the hot potato in the end.  Personally, I'm not wired for such get rich quick schemes - ponzi or otherwise - but, hey, different strokes for different folks, different grass for different cows... To echo what many have said here, Caveat emptor |
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Jun 10 2024, 10:41 AM
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#3
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7,847 posts Joined: Sep 2019
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QUOTE(mroys@lyn @ Jun 10 2024, 09:42 AM) dump 100k to try, wish me luck!!! Good luck mroys@lyn liked this post
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Jun 11 2024, 07:42 PM
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#4
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7,847 posts Joined: Sep 2019
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QUOTE(ZZMsia @ Jun 11 2024, 07:35 PM) My first trust is expiring this year.. What’s your decision bro?Refer email below Thank you for choosing UBB AMANAH BERHAD as your Trustee. We are pleased to inform you that your Trust Deed is expiring on XXX. There are two options available to you, which can be selected prior to the expiry of the Trust: (i) To transfer the Trust Capital only or Trust Capital and Projected Trust Income (if any) to *other Trust product; or *top-up is required to meet the minimum trust amount requirement of the specific trust product (ii) Full encashment of the Trust Capital and/or Projected Trust Income (if any). Kindly be reminded, we will only proceed with the necessary arrangement according to your selection of the above, provided we have received your written instruction and the complete required documents. Until and unless the required complete documents are delivered to us, we shall hold the Trust Capital and/or Projected Trust Income, free from interest. |
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Jun 11 2024, 08:12 PM
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#5
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7,847 posts Joined: Sep 2019
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QUOTE(ZZMsia @ Jun 11 2024, 08:10 PM) Taking out the money to settle personal matter... Well done and congrats. I think that’s probably the safest thing to do! |
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Jun 11 2024, 08:29 PM
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#6
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7,847 posts Joined: Sep 2019
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QUOTE(ZZMsia @ Jun 11 2024, 08:27 PM) i have another fund..2 with UBB.. 1 more expiring in 2025 or early 2026.. need to check deed.. Soon then. Because some say this is like a Ponzi scheme no? |
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