BFM 89.9

HIGHLIGHTS 
Podcast  >  Morning Run  >  Ringgit & Sense  >  Stashaway Simple - Fixed Deposit Killer?

Stashaway Simple - Fixed Deposit Killer?

Wong Wai Ken, Malaysia Country Manager, Stashaway

30-Jul-20 09:37

Stashaway Simple - Fixed Deposit Killer?

This year Bank Negara has cut rates 4 times, taking the OPR from 3% to 1.75%. This is the lowest level since 2004.

While the central bank has done this to help stimulate the economy, it’s also punishing savers as Fixed Deposit rates have also fallen.

As savers look for the best rates for their cash, one of the options that has come up is Stashway Simple.

Roshan speaks to Ken about their new cash management product, and also gets into the direct debit technical issue Stashaway faced earlier in the week, as well as their recent portfolio optimisation on the back of unprecedented monetary policy from the US Federal Reserve.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  Personal FinanceInvestmentsFinancial LiteracyPoliticsLaw and Legal MattersBusiness AnalysisTrends and ForecastsMarketsYoung Finance

Tags:  Money Market FundsFixed DepositsOPRStashawayRoboadvisorInterest Rates





Play / Pause

Listen now : Beyond the Ballot Box: The Nakba Never Ended, the Coloniser Lied; Eman...

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

Jack Kouzi, Director for Strategy, VFS Group

7:15 AM

Morning Brief

7:30 AM

Morning Brief

William Pesek, Columnist, Nikkei Asia

7:45 AM

Top Story

Dr. Azmi Hassan, Senior Fellow, Nusantara Academy of Strategic Research 

8:00 AM

The Breakfast Grille

Professor Datuk Dr. Shahrin Sahib, Vice- Chancellor of Universiti Teknologi Mara (UiTM)

8:30 AM

The Extended Breakfast Grille

Professor Datuk Dr. Shahrin Sahib, Vice- Chancellor of Universiti Teknologi Mara (UiTM)

8:45 AM

Morning Brief

Lim Yi Wei, Assemblywoman of Kampung Tunku

9:00 AM

Opening Bell

9:15 AM

Opening Bell

9:35 AM

People, Planet, Profit

10:05 AM

Open For Business

Drive Into the Future with FLUX

11:00 AM

Marketing Mojo

Leonard Lim, Chief Strategy Office, Ideascape Consulting Group & Mohan Alagappar, General Manager, GBA Corporation

12:00 PM

Enterprise Explores

TBC

1:00 PM

The Breakfast Grille Repeat

Professor Datuk Dr. Shahrin Sahib, Vice- Chancellor of Universiti Teknologi Mara (UiTM)

2:05 PM

Beyond the Ballot Box

The Nakba Never Ended, the Coloniser Lied; Eman Abdelhadi, Academic & Activist, The University of Chicago

3:05 PM

Live & Learn

When The Show Can’t Go On, We Must Know Why; Arief Hamizan, ReformARTsi

4:05 PM

Health & Living

Preventive Heart Scans: Do We Need Them? Dr Yee Kok Meng, Consultant Cardiologist, Pantai Hospital KL

5:00 PM

Top 5 at 5

6:00 PM

Inside Story

Talkback Tuesday

7:30 PM

Earth Matters [REPEAT]

9:00 PM

Bar None