Dear readers, interest rates are going higher and higher. Just earlier this week, the US Federal Reserves delivered another rate hike that surprised many.
Amidst this flow of monies, are you rushing in, like many depositors, along with the flow of money?
Banks have been seeing many customers, eager to deposit their monies in high fixed deposits savings. Right here on this SG Stocks Investing blog, I have also been sharing with readers on the various fixed deposit rates on town.
And it is not just fixed deposits, but brokerage firms too. For just parking their monies in their brokerage accounts, investors earn some interest on their monies too.
And here is another such brokerage firm with offering of 1.644% per annum interest rate. While this may not necessary be the best in town, this interest rate is still very decent.
And I am referring to POEMS’ SMART Park, you can find out more details here.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! I also run another blog Singapore Stocks Investing with similar useful insights! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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