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Where's the best place to park money short term?
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xander2k8
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Nov 7 2022, 04:44 PM
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QUOTE(thelws @ Nov 7 2022, 02:52 PM) no need so triggered. just asking what other options available. Don’t bother him 🤦♀️ KDI is treasury MMF hence you’re right with the riskier assets which should be either bonds or govt treasury bills But I suspect they are investing at least half of the returns in mixed MGS and 6 months TBills
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xander2k8
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Nov 9 2022, 05:15 AM
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QUOTE(TOS @ Nov 8 2022, 09:22 AM) This is interesting. Your FDs are placed OTC I presume? And the banks you place your FDs with are not typical large Malaysia banks. Surely the smaller players will give you higher rates at the expense of some conveniences/lack of options, apart from compensation of counterparty risk. Mostly he chasing the promo FD OTC which is why his calculation of failure % to included in his scenario 🤦♀️
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