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Term Deposit: 5.05% for 12-24 months
19-11-2023, 12:04 PM
Australian banks increase TD rate to 5-5.1% range
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19-11-2023, 12:06 PM
Those who pump all their savings into CPF, should be regretting by now.
19-11-2023, 12:08 PM
19-11-2023, 12:21 PM
AUD trending down against SGD since 2021 1st quarter.
NZD trending down against SGD since 2021 4th quarter.
One can take a chance if one thinks the trend will stop.
NZD trending down against SGD since 2021 4th quarter.
One can take a chance if one thinks the trend will stop.
19-11-2023, 01:12 PM
(19-11-2023, 12:06 PM)Alice Alicia Wrote: Those who pump all their savings into CPF, should be regretting by now.Putting funds in forex is a risk even it is at high interest rates. Convert to AUD wil lose the buy/sell spread diff. Couple with volatile exchange rates. There is no guarantee that AUD wil always be stable. If AUD falls overtime, you wil not be at 5.05% you are getting. There is a need to factor-in all these risks.
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