A matter of timing...with paying off the mortgage and keeing cash or keep invested especially for marginal cases.
But the reality is interest rate for leaving cash in the bank is rather low here in Singapore. I believe it is a way to 'force' people to keep invested ... so an issue of timing.
Surprisingly there are financial products in China offering "guarantee" on principle by banks, with real returns for the short- term of only a few months or even shorter options; which effectively would take a year to earn the same in our Singapore banks.
A matter of timing...with paying off the mortgage and keeing cash or keep invested especially for marginal cases.
ReplyDeleteBut the reality is interest rate for leaving cash in the bank is rather low here in Singapore. I believe it is a way to 'force' people to keep invested ... so an issue of timing.
Surprisingly there are financial products in China offering "guarantee" on principle by banks, with real returns for the short- term of only a few months or even shorter options; which effectively would take a year to earn the same in our Singapore banks.