Dear forumers,

Since the previous thread was in violation of the rules, I'll open it up for for discussion.

What do you guys think of a AUD Savings plan with 20.22% returns in 3 years?

Currency risk wise, personally I feel AUD is quite stable and have been growing strong the past few years.

In the local front, I don't think ringgit is all that strong at all compared to other major Asian currencies, while globally, there's worry on US recession and economic slowdown which more or less, affects the rest of the world.


Disclaimer: This is not meant to be an advertisement nor advice, just for discussion only. For those whom want more info, it can be provided upon request.

There's basically similar threads just that this is specifically mentioning on Aussie.

from previous to the most recent:
http://forum.lowyat.net/index.php?showtopic=465571
http://forum.lowyat.net/index.php?showtopic=512136 (longest discussion)
http://forum.lowyat.net/index.php?showtopic=600251
http://forum.lowyat.net/index.php?showtopic=602867 (some calculations and terms discussed)
http://forum.lowyat.net/index.php?showtopic=673996 (another technical discussion)

To summarize the concern is the actual "earning" after exchange rate and service charges whereby is it really worth it to park the money overseas rather than invest locally.