The 1 million HKD investment question



ORIGINAL POST
Posted by JS2ND 14 yrs ago
0.2% for 12 months deposit HSBC saving account is ridiculous

What would be a save 1 million HKD investment today? --- I’m able to miss it for 2~3 years and looking for a secure bank product in HK.

Thank You – John -- Causeway Bay


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COMMENTS
evlyn 14 yrs ago
Why don't you just go to consult some financial advisers at your bank? They will explain you various options and risks involved depending on what you are after.


There are some mutual fund products with relatively low risk (provided the market does not crash...) that can bring you a decent dividend around 5% p/a.

I would not put all of it into one product though.


There are also some very safe options, but the return possibility is quite low 1-2%.

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arl1 14 yrs ago
Can basically echo what's been said already low risk vs low return - suppose when compared to the bank interest rate 2% is whopping!

I would only consider investing through an insurance house as the banks may still be up and down. Charges structure is within the ballpark and similar funds.


I work in the industry and would be happy to advise but would need to know a lot more about you. I will PM you my email address feel free to contact me.

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hottrade74 14 yrs ago
Buy casino Names in Macau...MGM, SJM, Melco or even Wynn....

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aliendavid 14 yrs ago
ditto casino stocks, throw in Sands and Galaxy and you are going to make money.

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