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Investment Kenanga Digital Investing (KDI), KDI Invest, KDI Save
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Questions12345
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Oct 1 2023, 01:57 AM
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Getting Started

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Looking for an alternative to fd and came across this. It's not protected by pidm and your principal is subject to possible losses?
This post has been edited by Questions12345: Oct 1 2023, 01:58 AM
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Questions12345
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Oct 1 2023, 02:16 AM
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Getting Started

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QUOTE(Ramjade @ Oct 1 2023, 02:03 AM) It's not protected by pidm. You can choose Versa them as it invest in FDs I believed KDI save invest in Malaysia govt bonds. Chance of losing money almost nil. I have been using mmg for I think 7 years already. Never ever touch FDs anymore due to 1. Stupid rules of min RM10k fresh fund 2. Going from bank to bank to get best rate 3. Lock up the money (no lock up with money market fund). 4. So easy. All online. So from ur experience, have kdi save or kdi invest (not quite familliar with these 2 things) returned lower rates or even negative rrturns because of some losses from investing in money market instruments/bonds... This post has been edited by Questions12345: Oct 1 2023, 02:17 AM
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