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 Anyone know about foreign FD?

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harmonics3
post Oct 17 2022, 01:16 PM

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QUOTE(Ramjade @ Oct 16 2022, 10:23 AM)
Sg mmf are quite secure.  Never see any issue with them.
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You mean United SGD Fund Cl A? It has dropped 3% for the past 1 year vs. other mmf funds.

This post has been edited by harmonics3: Oct 17 2022, 01:18 PM
harmonics3
post Oct 18 2022, 09:18 AM

On my way
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Junior Member
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Joined: Jul 2012
QUOTE(Hansel @ Oct 17 2022, 02:19 PM)
Thank you, bro harmonics,...

Better be careful before listening to quotes in this forum.  sad.gif
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QUOTE(TOS @ Oct 17 2022, 02:22 PM)
That's exactly what I was illustrating for KDI Save and Versa's case...

"Short-term" bonds can also be marked down when rates rise significantly. Good that you showed this chart. smile.gif
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ya... learning the hard way as I am still vested in this United SGD Cl A fund, used to have better return than Lion Global and Philips MMFs but also much more volatile

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harmonics3
post Nov 7 2022, 12:21 PM

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QUOTE(Hansel @ Nov 7 2022, 11:22 AM)
Then you will need a Term Deposit that is calculated daily, paid monthly and has a reasonable interest rate to go with, 'reasonable' being at least 2.5% in today's environment. Can be withdrawn anytime,... no need to wait till the beginning of the following mth..
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That will be good, in Malaysia we have KDI save @ 2.5% p.a. (until year end) with same day deposit/withdrawal (cutoff time at 11am during weekdays). Anything similar in Singapore (especially >2.5% p.a.)?
harmonics3
post Jul 20 2023, 11:16 AM

On my way
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QUOTE(blingless @ Jul 20 2023, 01:12 AM)
I have transferred both USD and CAD from overseas into RHB MCA and it was deposited exactly as sent.
No conversion to MYR anywhere in between.
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Any incoming TT fees charged by RHB (e.g. in RM)?

 

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