Singapore's Online Community - Singapore Forums - View Single Post - Is saving money in bank considered an investment?

**scooby_one-point-six** · 04-11-2007, 06:19 PM

Personally,

i feel dat putting money in the bank is just to accumulate enough wealth to do some investment, be it property, stocks, unit trusts, bonds and other investment tools. Put it simply, The savings account is really just for me to accumulate wealth to invest. So ill think that its considered a pre-investment activity? haha...

anyway i use the current account more than the savings account....

my two cents worth =D

04-11-2007, 06:19 PM	#11 (permalink)
scooby_one-point-six Too Slow Too Restless Join Date: Nov 2007 Posts: 50 iTrader: (0) My Mood: Gender: Zodiac Sign: Country: Location: Singapore SGC$: 66.50 Bank: 0.00 Total SGC$: 66.50	Re: Is saving money in bank considered an investment? Personally, i feel dat putting money in the bank is just to accumulate enough wealth to do some investment, be it property, stocks, unit trusts, bonds and other investment tools. Put it simply, The savings account is really just for me to accumulate wealth to invest. So ill think that its considered a pre-investment activity? haha... anyway i use the current account more than the savings account.... my two cents worth =D