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Old 07-11-2007, 12:16 AM   #15 (permalink)
mrleech
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Default Re: Is saving money in bank considered an investment?

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Originally Posted by djchris
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Not to go off topic here, but the only savings account I consider to be investing instrument is the UOB Gold savings account and UOB Silver savings account.

The 'interests' that I earned there is reaching 3 -4% already based on the gold and silver spot price. But of course, the risk is higher as well.

My DBS don't even hold more den $500. I don't mind let them deduct the $2 since I earn back more in my gold and silver savings accounts.
Hmm.. Interesting. Well, with greater returns, you expect higher risks.

All posts made are of subjective nature by default, unless explicitly mentioned. I am afterall still human.
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