Tuesday, November 24, 2009

Don't Expect Interest Rates to Rise: Experts (23-Nov-09)

If you think your money is safe inside the bank, wrong. Without you knowing it, your savings mught just get eaten up by inflation silently. Savings account earned an average of 0.22%/annum in January 2009, before holding at just 0.16% from July to last month.

If your intention is to preserve the value of money, there are many options available outside the bank. Do approach me @ 9876-0237 to help you understand what other instruments are available to make your money work harder for u.

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