22
Nov
2007
Money Matters: Taking an interest in your interest
Let’s face it, the interest you earn in a savings account sucks. With high inflation of 4% to 5% in Singapore next year, we had better put our money somewhere else.
Fixed deposits at banks are a good start, at least it beats the meagre 0.25% per annum in our POSB or DBS savings account. But [...]