I was told by a friend that he just invested in a Malaysia investment plan which I think it's pretty suspicious....
From his rough explaination, it's kind of endownment (investment?) policy that required applicant to pay for regular amount of min $5-$10k per year for 6 years continuously and applicant can enjoy a guaranteed 10% dividend annually, principle is guaranteed too.
As far as I know on the investment or endownment plan in the market, none of it can guaranteed the principle with 10% interest annually. I still believe there isn't any free lunch in this world.
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If there is such thing at least make him/her explain more and the name of the bank/funds/insurance co that is selling the product.
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