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Coffee with Raymond Ng: 8.5% yield? Don’t play play.
By A Singaporean Stockmarket Investor (ASSI)  •  January 9, 2015
Raymond is a very diligent investor who regularly makes very sensible and balanced comments in ASSI and on my FB wall. In relation to my last blog post, he made a series of comments on my FB wall with attachments that we had trouble transferring to the comments section here. Hence, this guest blog which is a compilation of Raymond's comments on my FB wall and more: Don't play play with Malaysia G fund..... the G is bankrupting soon. "The more than US$11 billion (RM38 billion) debt-ridden 1MDB, claiming it has assets worth more than RM48 billion, has twice failed to settle only RM2 billion in loans? Common sense, what does that tell you? Why would potential investors want to risk their money on such a super heavy debt-ridden 1MDB?"   (1MDB = 1Malaysia Development Berhad) Source: http://theantdaily.com/Main/Zeti-led-BNM-to-go-after-1MDB-Don-t-joke The 8.5% yield is not attractive if we compare to MY FD rate......
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By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
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