HSBC has really integrated or linked the premium banking service?
Others I know, it is separated, overseas banks doesn't have directly link with the banks here. Example, you went to Citibanks overseas one, you can't view all the details in your account directly from there. But whether there is improvement on it, I don't know now, it has been awhile when last time I asked.

Those seminars mostly are meant for selling product purposes, indeed, most of the time, there is not much usefulness in it especially those already investment-savy people.

Welcome.
May be there are some your clients in this forum as well.

I guess one can easily guess out your bank also. Haha.

Cheers.

Buying properties and rent it out doesn't mean will guarantee to get the net return higher than FD rate (after rental income - all the expenses). It still depended on property location and situation.
Also collecting rental from tenants sometimes is not as easy as taught.

We have enough property talk and calculation that shows not all properties will be generate te return rate higher than FD over the long run. So all depend on situation and property market and for those not willing the risk exposure, then FD still their choice.

Worst still if those property as seen by a lot of abandoned ready built shop lot is not having any demand, then basically, money down to drain every month for maintenance, quit rent etc.

So it depends on individual preference and risk they want to expose.

Also 200K is not a really big sum nowadays, can't even buy half portion of shop lot nor can buy a medium size/grade apartment.

Just my 2 cents.

This post has been edited by cherroy: Jun 14 2008, 10:59 AM

Personally I don't classify UT as low risk particularly equities fund on emerging market like China and Vietnam, which is the leading example, one can lose quite significant in UT.

Most China and Vietnam fund loss more than 25-30% over the year.

I fully understand UT or stock market *(buying UT is as same as buying stocks only will yield over the long term), one day it might recover the loss (not guaranteed though), but we don't know what is the time horizon. Typically example would be technology stock which has not recover half from its peak after 8 years plus or so. So buying at peak time for UT can be very risky.
Luckily we don't have technology fund at that time, because at that time Asian countries were only aftermath of financial crisis when tech bubble time, (also gov don't allow fund outflow or global fund to be set up at that time) so investment didn't have global fund or local technology fund either.

Mostly old folks are putting in FD in high portion, that's I had been observed over the time.

ETF --- Exchange traded fund. So it is a listed fund where by you buy and sell directly through stock market. So to buy ETF, you go through brokers, not banker.

Banks still got plenty of structured product around, foreign FD account etc.

This post has been edited by cherroy: Oct 18 2010, 01:00 AM