Thursday, April 06, 2006
Loss For Words
Huiyue, thanks for letting me know you're interested. Would be meeting the guys this Saturday evening. Time and venue yet to be confirmed. No minimum age.
Would be investing USD400 this coming 12th. (cyj, note, not the 10th anymore. But you guys could prolly credit the cash earlier. We'll meet up and discuss how much you guys want to invest.)
Once again, I state I do not represent Swiss Cash. I do not receive any commissions, benefit in anyway or whatsoever. Just there to explain to everyone how it works. It's really up to you to see if you dare to take the risk. I'm in no ways liable if you lose your principal amount. My advice... invest a sum of money that you're comfortable with. It'll take about 7 months to fully receive your principal amount. And you'll get to receive the other 200% for the next 8 months.
If the rest of you do not dare to take the risk, but wants to earn interest while saving your money, I recommend you Standard Chartered's e$aver program.
It acts as a savings account. Fuss-free. No statements, no passbooks, no atm cards. Transactions are done fully online.
What else...
- NO lock-in period.
- NO monthly fees.
- NO minimum deposit.
- NO minimum balance.
- NO fixed term.
Open the account with a minimum S$1 deposit. And you get to close the account anytime you like, without paying any penalty charge.
e$aver allows you to transfer funds via Internet Banking (up to $10,000 daily), Phone Banking or withdraw cash at their branches. But note, there is a S$5 subcharge.
What's the interest rate?
2.45% p.a. interest rate applies to deposit amounts of $50,000 and above. For deposit amounts of less than $50,000, 1.88% p.a. interest rate will apply.
Which is pretty high for a savings account.
Find out more @ Standard Chartered.
Good night. Have to study tomorrow. Sigh.