Everyone is aware of the global financial crisis. Malaysia has agreed to provide a blanket guarantee on all bank deposits in their respective banking systems. I think this is considered a good news for Malaysian as people worried global financial crisis will hit Malaysia’s banks.
Today people are taking out their investment fund at trading market and put back to bank as safest place to keep their money. This is an ideal plan as now you might don’t know what is going to be for Malaysia share market because the uncertainty of the global financial situation makes investor escape from the infection.
For those who really keep track of the Malaysia trading market should aware that index points been drop to 27 Months low and it still showing bad sign.
So, I predict that people will think that it’s better to save money in bank rather than do some investment now.
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