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POSB/DBS interest rates dropped


Mllcg
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whats new, the economy is headed towards a slowdown who dares raise rates?

 

interest rate lower no diff for me, still living hand to mouth. ;(

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whats new, the economy is headed towards a slowdown who dares raise rates?

 

interest rate lower no diff for me, still living hand to mouth. ;(

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Last time a year interest rate, can afford have a fast food meal. Now, have to down grade to just a curry puff.

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if you really got the money...you can ask for special....if you not really have that much money....half or no half still the same ba...it is both already very very low....

 

for example 100k deposit...0.1% is 100...0.05% is 50...that is only 50 different over 365 days...or 0.13698 cents per day....just enough to pay the toilet uncle or aunty 10 cents for using the toilet...ok lar to be exact for 100k..it is 122.5 before the cut..after cut become 50...so that is 72.5 difference every yr...good for a few pints of beer also lar...

 

but then when we borrow...the rates are also low mah....so no complaints lar...it is just normal...the bank need to eat also.... [laugh][laugh]

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can park your money in fixed d

 

300 to 500k should give u some decent returns

 

This its exactly what they want you to do.

 

Don't fall for the trap. You will be locking in your returns when the interest rates go up and they profit not you.

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very soon we have to pay the bank to park our money there

damn the EU conutries, can't get their act together. pui

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