PIDM only guarantee for FD at max rm250k max for FD

So the rest still need to invest

Only stupid ppl would do that as it make that person even poorer

This post has been edited by xander83: Sep 27 2020, 03:59 PM

Basically if you study economics and finance PIDM is for stupid ppl to lose their money through inflation and make banks and insurance richer

There’s are so many to protect your wealth and yet make money at the same time which you need to learn and read more instead of just asking only

250k was set by Central Bank of Malaysia

Go study from the best of the best and they will tell you a lesson to learn

The banks and insurance will just take and never give back fairly which is why you will realise why the rich is getting richer

Go read and learn more instead of asking questions as I believe you will still got a lot to learn instead asking and getting spoonfed as I myself still learning and growing everyday

FD is just for suckers to the bankers and insurers hence no point to waste my time