Tuesday, March 27, 2007

Better to invest in the Money Market

Dear Mr Tan

I am looking at investing in bonds. How do I go about it?


Reply from Dr Money (Larry Haverkamp):

I recommend money market funds instead -- since the interest rates are the same and you can withdraw your money at any time -- (with no penalty and no cost).

You can check out the best 4 money market funds at www.AskDrMoney.com < Best Bank Depost Rates


I agree with Dr Money. I invest my spare funds in the money market, instead of a bond fund.

The return from the bond funds available in Singapore, after deducting charges, are not attractive.

No comments:

Blog Archive