instant liquidity but not very safe - eFD
2-3 days liquidity but very safe - money market
Where's the best place to park money short term?
Where's the best place to park money short term?
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Nov 7 2022, 02:18 PM
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#1
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Junior Member
227 posts Joined: May 2022 |
instant liquidity but not very safe - eFD
2-3 days liquidity but very safe - money market |
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Nov 12 2022, 12:23 PM
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#2
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Junior Member
227 posts Joined: May 2022 |
QUOTE(BboyDora @ Nov 12 2022, 09:49 AM) why not very safe? is it suddenly bank system error and showed all RM 0 one day? already so many case on FD issues be it online or paper... if it can happen to others, it also has some chance that may happen to you toooh no...i put all in efD as I lazy to make the FD cert anymore OTC. people does mistake time to time, being not checking the website is correct or not, not ensure that the name is on the paper FD, using unknown apps that has spyware inside etc etc, hey, it can happen to you too how safe is secure tac? secure sign? digital token? with funds in money market, hackers requires much more steps and not to mention it take days to liquidfy your money This post has been edited by square2: Nov 12 2022, 12:24 PM |
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Nov 12 2022, 05:46 PM
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#3
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Junior Member
227 posts Joined: May 2022 |
QUOTE(guy3288 @ Nov 12 2022, 05:28 PM) don't twist my word la i said not very safe only, i didn't say it is dangerous to put money in FD in terms of security (FD 95% safe, MMF 98-99% safe), still have some risk to happen like MMF trustee goes bankrupt etc etc |
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