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Ubb CASH TRUST 3 years nett 6-8% pa anyone?, UBB Amanah Bhd
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tkwfriend
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 Sep 22 2020, 12:02 AM
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QUOTE(odieboy @ Sep 21 2020, 06:05 PM) 6-8% return per annum? Pls ask UBB to guarantee. Projection anyone also can do. Unit trust and insurance equity funds are all projecting at 9% return. What we want is guarantee return. A lot of UBB agents out there are trying to earn quick money by misrepresenting. I have called UBB personally. They mentioned it is just their projection. I asked them to share with me their underlying investment assets ie what do they invest in to generate such high return, they cannot give me a definite answer. At least unit trust and insurance show their investment in detail in their investment report. If they can guarantee even at 6%, the whole world will be queuing to buy from them. Don’t trust what the agents say. Ask for black and white. This is our hard earn money. Be careful. All the best from what i knowo first they cannot invest into equity second cannot invest in bond 3rd which i heard only allowed to borrow to bank, as banks work with them to loan out the money. |
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tkwfriend
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Aug 20 2021, 12:54 AM
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what I understand is that they can't do any kind of investment as there is a risk, not even bonds are allowed.
they are doing a short-term loan, with collateral up to 3 times of the lending amount.
Base on my knowledge banks that make money from interest consist about 80% of their profit.
I had done some case study on overseas banks, generally bank every dollar make more than 3 times.
so return such amount I am not surprised at all, and is normal.
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tkwfriend
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Aug 13 2023, 09:16 PM
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hi i would like to create a new ubb like style scheme.
But I need cash flow, I have ready clients to deal with. My projection return is 24% per annum. is safe and guarantees your capital.
my business method is to borrow to corporate only the maximum period loan is a 24-month short-term loan. with a 1 to 3 ratio of collateral.
in a real case scenario is confirmed doable, if you think UBB giving 10% is so BIG, they are actually giving you a peanut only.
While the bank is just giving you the skin of a peanut. Bank Earn a lot more than you can imagine, if not how they can say bad, and yet earn many times more in actual result?
24% is easily achievable with no doubt.
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tkwfriend
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Aug 19 2023, 03:37 AM
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QUOTE(TheLegend27 @ Aug 18 2023, 12:29 AM) bank give FD - got protection. UBB give 9-11% "projected" return. got protection or not? by the way, old fag get 6% ma rugi? they won't be mad? well if you go around the big boys, is getting common. the bank has their client, and certain things to fulfill. and because some are unable to fulfill bank requirements/ or other factors, this will lead to new sales in other locations. who cares the old fag even the funding society interest not low either |
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tkwfriend
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Jul 22 2025, 12:54 PM
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QUOTE(meors @ Jul 22 2025, 07:52 AM) how does it work? after 3 years you can withdraw all capital? dividend can withdraw every year or end of term 3 years? The interest paid is not compounded. currently UBB standard is 3 years contract. and all interest will automatically pay out every 15 or 30 of the month depending when you start. Every year, around June to July, the promotion will start on a different term of trust. Don't forget is not about the interest, how much you receiv,e high or low, you're backup for your family (estate planning) |
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tkwfriend
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Jul 22 2025, 12:57 PM
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QUOTE(aurora97 @ Jun 19 2025, 01:59 PM) Ok cool. Always wondered what the invest in... This is not an investment product, it is an estate planning product. How they can pay you, What the bank profit from, but sometimes the bank can't do, that is where they earn |
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tkwfriend
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Jul 22 2025, 01:20 PM
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QUOTE(aurora97 @ Jul 22 2025, 01:04 PM) Tell me from your understanding which part of UBB trust is estate planning and what do you understand about estate planning? The question here is the underlying investment, even if it may not be investable by a bank, an investment bank can pick up the product, if its so good and beneficial for investors, why arent we seeing it more? Just my onw opnion What I understand is they are doing short-term loan, with collateral at the shortest time. These companies that took a loan are on form listed corporate. This information will not be listed is just like Coke, KFC recipe. I have friend who pass away, his family got back thier money within the stated period. Another friend of mine got back his 7-figure amount within a month, no penalty because it only requires a 6-month what the deed mentions. To many people think this interest they give is high, but to me it is just peanuts, compared to what I saw from the real investment. |
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tkwfriend
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Jul 22 2025, 02:24 PM
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QUOTE(MUM @ Jul 22 2025, 01:30 PM) That investment that you saw also doing short-term loan, with collateral at the shortest time, same as those trust companies that offer cash trust. ? This is what I know for UBB, short-term loan Other trust companies are doing the same thing, go and find out Zico Trust, Country Height ( if I remember correctly, minimum 300k pays 13% and lockiin period 5 years) and many more This post has been edited by tkwfriend: Jul 22 2025, 02:27 PM |
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tkwfriend
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Jul 22 2025, 09:41 PM
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QUOTE(MUM @ Jul 22 2025, 02:36 PM) I was asking about your mentioned, "To many people think this interest they give is high, but to me it is just peanuts, compared to what I saw from the real investment." I was wondering if that investment ( with its inherent and associated risks that come with it) can be compared to those from cash trust? If not, then no wonder the returns is peanuts compared to those "real investment" I put it is a different product in my view. If looking for invesment go for invesment product, the reason behind I Peanut is that with the loan rate at 1.5% it is very achievable |
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