Saturday 23 October 2010

Fixed Deposit (FD)

Fixed deposit for me is like if you don’t move your money for a duration of time, the bank will give you some goodies because they need the money to spin more money. They share their profit with you. So, if you save RM1000, they might give you extra RM30.

if like that, you better give me Rm1000, 1 years later, i will return your money, I will give back you RM1050, 2% much higher than bank. A nice deal, isn’t it?

So, FD actually is mean FUCKUP DEAL!!

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