In recent meet ups, I have heard the lamenting that the reduction in interest rates of local bank's high interest savings and T bills have meant their money now compounds slower. Safe but Very Slow No doubt bank savings account are protected by the SDIC but due to how secured it is, the interest rates earned is fairly low. In my view, Singaporeans should look beyond complete protection and stability. Taking some risk is needed to earn higher returns, it is a rule (pherhaps even law) in all investments. The rate of returns follows the rate of risk taken. But That Dosen't Mean Taking Extreme Risk That brings me to offering the solution of investing in stable companies that offer higher yields such as the local REITs (especialy Keppel and Capitaland [CICT]) and that of the 3 local banks. They are at 6.5% and 5% yield respectively. No doubt there is risk involved, but my view is due to their systematic importance to Singapore's economy,...