Tag Archives: Fixed Deposit

CIMB Islamic Max InvestSave

cimbmaxinvestsave

Previously, there have great promotion on this Max InvestSave, which you top up your deposit, then you can get to participate in the contest and also get free gift. So, pioneer investors of Max InvestSave will receive bonus units of up to 30 percent of their total investment value.

At a glance, it is saving plan + investment linked. It is not sound too good to be true, the profit stated is projected based on last few years market data which is not so guaranteed. The capital is only guaranteed if one held until maturity period of the scheme.

Hope with my little information here may clear a lot of doubts, and uncertainties among those people who plan to save and invest.

– For me, this kind of investment really pays out highest RIV when you deposit.
– Secondly, what you see is what you get. What’s on the T&C is what investors will get. The bank won’t take investors’ money and invest in ponzi schemes, simply because the bank is not allowed so. A lot of investors seem to have the view that banks always have their ways to invest such as buying properties.
– This Max InvestSave product works best in the long term and it is very suitable for retirement planning.

Why CIMB Islamic Max InvestSave Better Than Fixed Deposit?

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Why Property Investment Better Than Fixed Deposit?

Do you think investment through property rental can guarantee you to earn higher return in the long run if compare to fixed deposit saving? Anyway, you should make a proper plan before buying any property for investment.

rental_property

Based on my understanding, if buying a house now, then for sure the price will go up. But, will you really earn? You need to know that some of the money have to be paid to bank interest first and also you might spend some money to renovate your house and other expenses like maintenance fees for the house.

How to Calculate Return On Investment for Property Rental?

Property Type: Apartment
Size: 650 square feet
Housing Price: RM 75,000
Down Payment: RM 7,500

Housing Loan Amount: RM 67,500
Loan Interest Rate: 5% (assumption)
Loan Tenure: 15 years (assumption)
Housing Loan Installment: RM 534 per month
Gross Rental: RM 600 per month

Other Expenses: Maintenance fees and renovation cost

Monthly Net Rental = Gross Rental – Loan Installment
= RM 600 – RM 534
= RM 66

Fixed Deposit vs Property Investment
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