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Where to park your funds? Well, it depends
Published Mon, Nov 26, 2018 · 09:50 PM
Singapore
PUTTING all your savings in fixed deposits may not be a wise move when interest rates are rising.
Alfred Chia, the chief executive at financial advisory firm SingCapital, said that though the average inflation for the past 10 years has been around 1.5 per cent, it would be important to monitor the future inflation rate and ensure that deposit rates are higher than that.
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