General
Fixed Deposit (FD) rates of banks in Malaysia (August 09)
In March, I wrote a post on the Fixed Deposit rates of the major banks in Malaysia HERE. Not much change since then. Here’s the update for the month of August 2009.
Bank
1 month
3 months
6 months
9 months
12 months
Affin Bank
2.00
2.10
2.20
2.30
2.50
Alliance Bank
2.00
2.00
2.00
2.00
2.50
AmBank
2.00
2.10
2.20
2.20
2.50
Bangkok Bank
2.00
2.05
2.10
2.20
2.50
CIMB Bank
2.00
2.10
2.10
2.10
2.50
Citibank
2.00
2.00
2.00
2.00
2.50
EON Bank
2.00
2.00
2.00
2.00
2.50
Hong Leong Bank
2.00
2.00
2.00
2.00
2.50
HSBC [...]
Malaysia’s economy is not good at all
I went back to my hometown Kluang for Chinese New Year break and I’ve noticed a lot of businesses were doing rather badly…even during CNY season. People are cutting down on their spending (not the rich ones of course, since they’re still buying posh cars, properties, etc). My neighbor who is a fish monger, told [...]
Never invest using other people’s money
One of Warren Buffett’s advice is never to invest other people’s money unless you are 100% sure you will not lose those money. And I live by that rule. Not that I have people flocking over me to give me their money in order for them to be part of my “shareholders”. No, I don’t. [...]
Welcome to my Novice blog
I’ll be honest with you. I’m a novice / beginner (or whatever you call someone who is completely new in something) when it comes to investment and money making.
In terms of investment, I did some self-study before I went into stock investment but it was not enough. I started about a year ago and with [...]