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    premier banking

    Scheduled Pinned Locked Moved Money Matters
    17 Posts 9 Posters 7.9k Views 1 Watching
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    • P Offline
      pirate
      last edited by

      Don’t think of dual currency pairing as a deposit. Think of it as selling an option. What you get is not really interest. It’s an option fee.

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      • D Offline
        dagong99
        last edited by

        pirate:
        Don't think of dual currency pairing as a deposit. Think of it as selling an option. What you get is not really interest. It's an option fee.

        Tried before, ended up RM claimed she made a mistake in her computation, so loss :moneyflies: , so give up 🤷 in the end dump $$ into shares ... get burned too :sad: but in the current 'super' low interest environment, how to accumulate $$$ for retirement if dun invest ? 🤷

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        • 3 Offline
          3Boys
          last edited by

          Harlequin:

          IMO, unless you are well verse with currency future trade or you have to hedge over a certain currency, else this is not your game. My 2cents.
          This is completely true!!

          Although one is quite unlikely to make a big loss in DCR, the 'attractive' return is basically someone paying you to take a risk on their behalf. And as in all risks, sometimes it happens......

          Making money in DCR is harder than it seems!

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          • Coolkidsrock2C Offline
            Coolkidsrock2
            last edited by

            sharon1234:
            I have noted all your sharing. Thank you.


            yes, my risk profile is \"balance\".
            I need to find out if the loss exceeds the limits of my profile. It is in DCR... Has anyone had similar experience?
            There will not be loss limits to your profile but you may wish to find out if there is any risk mismatch between the invested product and your risk profile. The risk rating of a product will likely differ among different financial institutions. If there is a mismatch, there is likely to be a process to document the basis of the recommendation and/or indemnity documents which you may have signed.

            Do you have any complaint about misrepresentation about the features or risks associated with the product? You can write to their Compliance Department setting out your case for their investigation.

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            • S Offline
              sharon1234
              last edited by

              Thanks again.

              I didn’t read the fine prints attached with the investment. They are lengthy … need to spend some time over them…

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              • A Offline
                AshokG
                last edited by

                Very Nice Information share by members, I also have many account and facing problem but these tips help me.

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