Is It Really Save for Us to Save Our Money in The Bank Nowadays?
Ever think to yourself that you should be saving your money by now, starting from now in order to start slowly building your wealth in future?
You then will think that the best way for you to save your money is by opening a bank account as it is safer to save in a bank? It is protected by the Perbadanan Insuran Deposit Malaysia (PIDM)? If anything goes wrong, PIDM will surely back up your deposits in a bank?
Nowadays we can read at the international news that some huge world banks are undergoing bankruptcy, some of these big banks are even affecting the countries?
One big example, probably the easiest one is the financial problem of Bank of Cyphrus which eventually DO AFFECT THE COUNTRY ITSELF.
Watch a video regarding this bank tragedy.
Are you sure that is the best way to save your money? Did you finished watching the video I'd linked above? Do you really understand what is going on right now?
I'll explain it in shorter sentences.
The IMF and other huge bank organisations are doing some experiments on the people's money by using the peoples' deposits inside these banks to pay for the 'hutangs' that the higher ups made! The Bank of Cyphrus are the first experiment they made and THERE ARE NO SIGN OF STOPPING. Why do I say so? Do you guys remember what our beloved MO1 did when he made that unofficial visit to US President late this year? Just take a minute of your life to read this if you didnt remember what he did to us Malaysians' EPF and stuffs!
Question!
1. Do you really have to invest our Employee Pension Fund (EPF) to another mega country?
2. What will a little country can do to help a giant country by funding them using the peoples' money?
3. What will happen if the plan doesnt goes as smoothly as MO1 wanted?
4. How can MO1 still be able to think we Malaysian can invest in other country WHEN WE MALAYSIAN OURSELF ARE SELLING OUR ASSETS TO CHINA ETC?
4. How can Malaysia will be able to pay all the debts Malaysia have right now?
1. Do you really have to invest our Employee Pension Fund (EPF) to another mega country?
2. What will a little country can do to help a giant country by funding them using the peoples' money?
3. What will happen if the plan doesnt goes as smoothly as MO1 wanted?
4. How can MO1 still be able to think we Malaysian can invest in other country WHEN WE MALAYSIAN OURSELF ARE SELLING OUR ASSETS TO CHINA ETC?
4. How can Malaysia will be able to pay all the debts Malaysia have right now?
Will they use the rakyats deposit in MayBank, BSN and other local banks to recover the losses our country had?
This is why in this age, in this kind of economy, IT IS NOT SAFE ANYMORE FOR US TO PUT OUR BLOODY EARNED MONEY IN BANK DEPOSITS.
Wake up people!
Our saving inside the banks won't be safe anymore.
There are lots of other ways to save our money but by depositing our hard earned money into bank deposits aren't one anymore before these deposits are going to be used to pay Malaysia's debt.
This is where I will craft my thoughts about this matter. I will further write another article soon, on how we should be able to save money safely other than bank deposits.
First of all, this is among my first few articles on how we are going to save our money and if possible, helping others as how we will help ourselves using our saving; as a way of giving back the blessings that we had been blessed with. This is written purely based on how I think and my thoughts, and this is not official article on financial. TQJB and don't forget to tell me what your thoughts are!
Thank you.