Originally posted by pet
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triton, actually hor, me also gong gong in these planing 1 lah ... hmmm ... any got shares to recommend ... 1 to use cpf buy .. u know ??
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no lah, bank interest 2 yr ago FD was 3.28%, thn beginning this yr was ard 2.8% for FD. ... now i dunno, never check. no money to put FD ... hgahhaa
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Originally posted by triton View Postpardon me for saying this. inflation is about 1-2 per cent a year. according to some statistics which i never believe. actual inflation rate is definitely higher. bank interest is less than 1 percent. your money in bank can grow meh? it is depreciating. i think you take money buy rolex better.
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Originally posted by egstring View Postmai la, mai invest in foreign currency. Auntie lau liao, heart no good le. Cant take the risk. See the figures go up and down, my heartbeat also follow. I rather put some in FD, some in my own acct watch it slowly grow can liao. don't be too greedy
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me tv on channelnewsasia .. last few advertisement ... all rolex 1... hahaa .. keep making me think abt gmt 2 ... hmmmmm
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Originally posted by triton View Posthave to think about it. cause, as one gets along with age, there is physical and mental limitation.
i think you already planning. just that you yet to realise. or you being modest.
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Originally posted by triton View Postneed to find the right instruments to make money grow. bank rates are really pathetic.
currently, only foreign currency fd offers decent rates. however, u need to consider the exchange rate. rumour is that usd will get weaker against the sgd. rumour is that it will go as low as 1.3. however, based on 'current market trend', it seems that the first holding point is about 1.47 when it next starts to slide. if that point breaks, it should hit about 1.43. this is base on my analysis. im not liable for another gains/loss one will incur. im just sharing my point of view.
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