Comments on: Sure boh?? If placed FD get RM 80 interest, but this you can RM 1K interest! http://jy-s.com/2009/03/12/sure-boh-if-placed-fd-get-rm-80-interest-but-this-you-can-rm-1k-interest/ The Place where I talk about Everything. Mon, 14 May 2012 08:30:35 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Jayce http://jy-s.com/2009/03/12/sure-boh-if-placed-fd-get-rm-80-interest-but-this-you-can-rm-1k-interest/comment-page-1/#comment-851 Jayce Sat, 14 Mar 2009 02:51:37 +0000 http://jy-s.com/?p=1060#comment-851 You pay RM4,000 for 8 years == RM32,000. After 25 years, you will have RM25,000 (interest) and RM32,000 (principal) == RM57,000. I calculated using compound interest calculator I can get around RM66,113.91 after 25 years. And flexibility to get out the money anytime. But no insurance cover. As conclusion, I will not sign up this kind of investment link insurance. ^_^ <strong><em>Jys: hmm, she did tell me, if I choose not to withdraw the interest out and add on to my principal, great eastern will give an extra 5%.. or something like that.. then upon withdrawal (25 years later), they will give us dono what cash bonus lar...</em></strong> You pay RM4,000 for 8 years == RM32,000. After 25 years, you will have RM25,000 (interest) and RM32,000 (principal) == RM57,000.

I calculated using compound interest calculator
I can get around RM66,113.91 after 25 years. And flexibility to get out the money anytime. But no insurance cover.

As conclusion, I will not sign up this kind of investment link insurance. ^_^

Jys:
hmm, she did tell me, if I choose not to withdraw the interest out and add on to my principal, great eastern will give an extra 5%.. or something like that.. then upon withdrawal (25 years later), they will give us dono what cash bonus lar…

]]> By: 24Seven http://jy-s.com/2009/03/12/sure-boh-if-placed-fd-get-rm-80-interest-but-this-you-can-rm-1k-interest/comment-page-1/#comment-844 24Seven Fri, 13 Mar 2009 08:15:55 +0000 http://jy-s.com/?p=1060#comment-844 I am not sure about the whole package but I don't much believe in these kind of "investment". Businesses are meant to make money. And from the way I calculate, it seems like they are going to loose money. So how can that be logical. <strong><em>Jys: haha, i think there must be some "hidden" stuff she haven't tell me gua... </em></strong> I am not sure about the whole package but I don’t much believe in these kind of “investment”.

Businesses are meant to make money.
And from the way I calculate, it seems like they are going to loose money.

So how can that be logical.

Jys:
haha, i think there must be some “hidden” stuff she haven’t tell me gua…

]]> By: Forever28 http://jy-s.com/2009/03/12/sure-boh-if-placed-fd-get-rm-80-interest-but-this-you-can-rm-1k-interest/comment-page-1/#comment-842 Forever28 Fri, 13 Mar 2009 06:58:28 +0000 http://jy-s.com/?p=1060#comment-842 I also buy insurance from Great Eastern wor, but I never heard about it. <strong><em>Jys: this is the newly launched saving plan, i think they launched it in mid of feb 2009 and will going to sell it for 2 months only.</em></strong> I also buy insurance from Great Eastern wor, but I never heard about it.

Jys:
this is the newly launched saving plan, i think they launched it in mid of feb 2009 and will going to sell it for 2 months only.

]]> By: annant http://jy-s.com/2009/03/12/sure-boh-if-placed-fd-get-rm-80-interest-but-this-you-can-rm-1k-interest/comment-page-1/#comment-835 annant Thu, 12 Mar 2009 10:30:26 +0000 http://jy-s.com/?p=1060#comment-835 da interest is seriously very da high... my mami just buy one donno what saving from asia life, heard that it's not too bad too :) <strong><em>Jys: yawor, dono how true is that..that is why now trying to ask around..</em></strong> da interest is seriously very da high…

my mami just buy one donno what saving from asia life, heard that it’s not too bad too :)

Jys:
yawor, dono how true is that..that is why now trying to ask around..

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