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 Anyone know about foreign FD?

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LaiN87
post Jan 14 2008, 10:28 PM

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I wondering whether overseas FD investment worth it or not. Since now 1 GBP = RM6.5 which is very low.. Is it advisable for me to convert some money to GBP and save it in UK banks in forms of FD?

The question is keeping in UK banks will my money be taxed?

The reason I choose this form of investment is cos it's the least risk free investment I see after keeping in FD in M'sia which is only 3.7% > < Very low. And I'm not a bumi so I can't invest in those Amanah Saham. Even unit trusts have it's risks.

 

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