with the lowering of savings rate from 0.125% to 0.1%, i might as well keep my money in the cookie tin than leave it in the bank.it's time to invest your money instead of leaving it in the savings account, losing value. if inflation is 6% p.a and interest rate is 0.1% p.a, you are effectively losing 5.5%p.a value of whatever you put in the bank.
no wonder the recent singapore bonds issue was over subscribed.
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