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Old 10-12-2007, 05:37 PM   #56 (permalink)
kwokhua
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Join Date: Jun 2007
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Location: Pasir Ris
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Default Re: Is saving money in bank considered an investment?

Definitely not! The interest rate returns for banks in Singapore is pathetic. You are better off putting your money in Unit Trusts, Stocks and Shares. If you are the "play safe" lot, the closest thing that you can have to putting money in a bank is of course to deposit your money in Fixed Deposit of banks. Hope that helps.

Regards.

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