knn this dbs very **
eat ppl 700k then only willing to settle 2.5k
not even half the amount
No it's general knowledge - I am actually fairly confident that I am of average intellect and education.
Any time banks offer you returns of anything more than FD rates, even my mother who didn't finish primary school will have her doubts and ask her children first.
Why is everyone slamming this guy. Think there's a reason why he got so worked up. Rm, insurance agents sweet talk elderly and sell products so common
The guy say he is claustophobic and would refuse to close the door. He also say he has some voice recording of the relationship manager and he has been trying to complain and email to mas.
Fixed Coupon Notes (FCNs) from DBS can lead to a total loss. These equity-based structured products provide regular coupons but expose investors to the risk of receiving the worst-performing stock in a basket, which can drop to zero value on maturity if it falls below the strike price.
Key FeaturesFCNs involve a basket of equities with defined strike, knock-in, and knock-out levels. Investors receive coupons regardless of market direction, but at maturity, repayment depends on the least performing equity (LPE): full principal plus coupons if above strike, or physical delivery of the LPE shares (potentially worthless) if below.
This is one of the product from dbs
Yes i am busy reporting any edmwersbecause of the sinkie pwn sinkie mindset which is prevalent here
Fixed Coupon Notes (FCNs) from DBS can lead to a total loss. These equity-based structured products provide regular coupons but expose investors to the risk of receiving the worst-performing stock in a basket, which can drop to zero value on maturity if it falls below the strike price.
Key FeaturesFCNs involve a basket of equities with defined strike, knock-in, and knock-out levels. Investors receive coupons regardless of market direction, but at maturity, repayment depends on the least performing equity (LPE): full principal plus coupons if above strike, or physical delivery of the LPE shares (potentially worthless) if below.
This is one of the product from dbs
It is an option product. New generation love this 0dte option which can easily bankrupt them lolPoor understanding of product