Instead of putting my money in the bank , ( savings acc - less than 1 percent PA) , i would put it in a Fixed D. acc which earns up to 15 % PA provided i leave it there for a long time with no withdrawal...or buy Government bonds which has abt 6% return PA....yanyewkay said:if you're wise enough.. it is better to invest your money SAFELY than to let it sit in your bank. Inflation will over take the interest earn from your account.. meaning you'll loose money every year as you leave it in the bank.
Of course, there's no such thing as 100% safe investments, so there's always a possibility of losing money.
Why?:dunno:ornegu said:
Hi, if hv some extra money,buy gold when it drop to us$625/t.oz
:bigeyes:ornegu said:b'cos the gold will go up to est us$850/t.oz this year.:thumbsup:
sorry yanyewkay time will come for u to understand that. i've been trading that for years.......5 years back it was ~us$252/t.oz. Good Luck To EVERYONE!!!!Cheer...:lovegrin:yanyewkay said::bigeyes:
seanlim said:Hey do you guys buy stocks?
nope..i have a great intrest in finacial stuff...and its always best to start youngeikin said:you surprise me everytime the school holidays strike ... why the sudden interest in stocks? you want to strike it rich without completing your studies?
seanlim said:nope..i have a great intrest in finacial stuff...and its always best to start young
Hi seanlim, buy n keep this Singapore stock.....Goldtron. 2day price s$0.025:thumbsupseanlim said:nope..i have a great intrest in finacial stuff...and its always best to start young
ornegu said:Hi seanlim, buy n keep this Singapore stock.....Goldtron. 2day price s$0.025:thumbsup
Good Luck!!!
Fixed deposit interest 15% p.a??? You must have typed wrongly lah.. If its that high, I think those people with mortgage loans will die lor.. :bsmilie: :bsmilie:seanlim said:Instead of putting my money in the bank , ( savings acc - less than 1 percent PA) , i would put it in a Fixed D. acc which earns up to 15 % PA provided i leave it there for a long time with no withdrawal...or buy Government bonds which has abt 6% return PA....
So no one buys stocks here?!