Time to pull money out of Cambodian FTD?
Time to pull money out of Cambodian FTD?
Just wondering if money in a Cambodian fixed term deposit should be withdawn soon? Concerned that the corona virus and the EBA cancellation will have a catastrophic effect on the Cambodian economy...
- maxx
- I've got internet at work
- Reactions: 7
- Posts: 271
- Joined: Tue Mar 11, 2014 2:24 pm
- Location: digging a deeper foxhole
are you afraid of the bank going bankrupt, the bank insurance not compensating you for all your loss or the riel going to freefall and being worth less than when you exchanged into riel so your conversion back to dollars will mean you have less after 5 years including interest less tax than when you first made the deposit
Yes, a good time but not for the reasons outlined.
Get back in the stock market, it is a good opportunity to get in at 2018 levels. Be contrarian and buy when everybody sells.
I just bought some more Tesla stock today, but there are plenty of other bargains like GE or even Goog. The current crisis won't last forever and business will pick up again.
Get back in the stock market, it is a good opportunity to get in at 2018 levels. Be contrarian and buy when everybody sells.
I just bought some more Tesla stock today, but there are plenty of other bargains like GE or even Goog. The current crisis won't last forever and business will pick up again.
-
- Similar Topics
- Replies
- Views
- Last post
-
-
Time to pull money out of Prasac MFI??
by wolfcreek » Wed Sep 30, 2020 1:56 pm » in Cambodia Speakeasy - 7 Replies
- 2248 Views
-
Last post by upstage2
Fri Oct 02, 2020 9:53 pm
-
-
-
Sihanoukville, Cambodian magnet for Chinese casinos, loses its pull, leaving thousands owed money and unable to move on
by Rune » Fri Feb 21, 2020 7:08 pm » in Cambodia News - 23 Replies
- 4821 Views
-
Last post by YaTingPom
Sun Feb 23, 2020 11:54 am
-
-
-
Sexy man sleeps with 50 Cambodian girls and asks them for money
by Bong Burgundy » Thu May 21, 2020 11:21 am » in Cambodia News - 7 Replies
- 3139 Views
-
Last post by tuk-tukfish
Sun May 24, 2020 9:03 am
-
-
-
Taiwanese billionaire holding Cambodian honorific title arrested for money laundering
by Bong Burgundy » Fri Nov 06, 2020 3:38 pm » in Cambodia News - 12 Replies
- 3947 Views
-
Last post by YaTingPom
Sat Nov 07, 2020 2:09 pm
-
-
- 12 Replies
- 662140 Views
-
Last post by RobW
Mon Feb 05, 2024 3:49 pm