Shares & Derivatives
How to earn 6.30% interest after 4 years?
By A Singaporean Stockmarket Investor (ASSI)  •  August 25, 2014
Someone tried to interest me in this not too long ago:
I have forgotten about it until I saw an email advertisement recently. Any interest in this "interest"? Well, I blogged about why it did not interest me before and if you are interested, please read related post number 1 at the end of this blog post. What I find objectionable about this advertisement is the use of the word "interest". What do we think of when a bank promises us a certain interest rate? What do we understand by the word "interest"? Definition of "interest": Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt. When a bank promises an interest rate of 6.3% after 4 years to us, most people would interpret it as a fixed deposit with a total of 6.3% in interest paid after 4 years ......
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By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
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