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Old 04-11-2007, 04:23 PM   #9 (permalink)
GeneKoh
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Default Re: Is saving money in bank considered an investment?

I agree... If we don't consider inflation and other possible devaluing economic scenarios, it's considered a very good investment due to its almost-ideal liquidity (ATMs, withdrawals, etc), yet able to generate some form of return on your deposits.

But though a very secure one in Singapore's context, it's considered a pathetic form of investment due to its rates of return...
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