im a bit bored by banks way prefer things with wheels.. hsbc financial advisor calls me up - seems my credit card has earned about 800$ in grocery vouchers... I just select pay the entire thing every month so hardly ever look at the statement anyways....
almost couldnt be bothered but he called on the day that my old card was reject an then i remembered they had sent me a new one.. that dint work cos I hadn registered it or something- so he said come see him an hed sort it with out queing up..
anyways he starts yabbering on.. about how I could get 5% interest, altho 5% of sweet FA is still sweet FA...
anyways this is what he wants to peddle.. ( copyied an pasted )
bond fund - Allianz US high yield , expected interest 7.5-8% from track record
balanced fund - JPM Multi income , expected 4.5 - 5% with the potential growth of capital which is expected to be higher than the bond fund because of the stock portion of the portfolio.
---------------------------------> i might have say 200,000 with no immediate plan other than leave it in the bank... which he looked in tears when I said..
i mean it gonna be like HK$ 10000 a year or somehting -- whats the risk? cos the payoff is TINY
what should I do