QNB Notes!!!! is it a good idea??

expatin
By expatin

What do you think about the QNB notes?? Is it a good idea for investment?

By anonymous• 21 Oct 2009 00:39
anonymous

i am also interested in this .. and like to know more about it .. i am watching :) ..please update more

By flex01• 21 Oct 2009 00:04
Rating: 5/5
flex01

my two bits are,,that min. investment is Qar. 20 k for a tenor of 2 years. if u put 20 k in bank, u get max. 6% per annum..

I think, that in two years. QE will give u at least return of 6% p.a keeping in view, the QE at around 7300 nowadyas..

The worst scenario is that u will get your 20 k back after 2 years..

HAving invested directly in QE directly, i had burnt my hands. however, i still am in favour of QNB NOTE 1, due to its timings. As QE is still not gone too high.

By injinuity• 21 Oct 2009 00:02
Rating: 5/5
injinuity

You should be able to do the same by following these two simple steps,

1. Take 75% of the total amount you want to put into this scheme into a high yielding fixed deposit scheme with any major like CBQ.

2. The remaining 25%,invest in equities yourself.

If the markets do well, you will make much more than you will with the notes, if the markets fare very badly, you will still have earned interest on the fixed deposit to offset the 25% loss on your equity investment portfolio.

Rgds,

J.J

By bayrowser• 20 Oct 2009 21:35
Rating: 5/5
bayrowser

QNB Note is an investment product where the Capital is Guaranteed - so at the end of the investment period you are at least guaranteed your initial investment. The investment is linked to the performance of the Qatar Stock Exchange over the next 2 years. Obviously nobody knows how the stock market will do but I am pretty confident that over the next 2 years the investment should do better than the return on a Fixed Deposit inshallah!

So if you have an investment strategy that involves equities then this product has got little downside - principal guaranteed so if all else fails - its just the opportunity cost on the money for 2 years - versus the upside of the Qatar Stock Market.

Dont need to be an Einstein to figure this one out....

By corcaoich• 20 Oct 2009 20:48
corcaoich

Dont know, whats a QNB note?

Log in or register to post comments

More from Qatar Living

Qatar’s top beaches for water sports thrills

Qatar’s top beaches for water sports thrills

Let's dive into the best beaches in Qatar, where you can have a blast with water activities, sports and all around fun times.
Most Useful Apps In Qatar - Part Two

Most Useful Apps In Qatar - Part Two

This guide brings you the top apps that will simplify the use of government services in Qatar.
Most Useful Apps In Qatar - Part One

Most Useful Apps In Qatar - Part One

this guide presents the top must-have Qatar-based apps to help you navigate, dine, explore, access government services, and more in the country.
Winter is coming – Qatar’s seasonal adventures await!

Winter is coming – Qatar’s seasonal adventures await!

Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
7 Days of Fun: One-Week Activity Plan for Kids

7 Days of Fun: One-Week Activity Plan for Kids

Stuck with a week-long holiday and bored kids? We've got a one week activity plan for fun, learning, and lasting memories.
Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Places to enjoy Mango Sticky Rice in  high-end elegance

Places to enjoy Mango Sticky Rice in high-end elegance

Delve into a world of culinary luxury as we explore the upmarket hotels and fine dining restaurants serving exquisite Mango Sticky Rice.
Where to celebrate World Vegan Day in Qatar

Where to celebrate World Vegan Day in Qatar

Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.