Singapore banks raise promotional rates
As the interest rate rise, the jostle for deposites has also begun.![]()
![Singapore banks raise promotional rates](https://ussnsimg.moomoo.com/1651733086864-random7543-102449330-android-org.gif/bigmoo)
Banks in Singapore have launched a series of fixed deposit promotions in the past month.
People always say you're alreay losing money due to inflation if you're not invested. But the market situation is not good, I don't really want to invest right now. So what should we do?![]()
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71518529 : Buy on the BIG drops in the market.. This presents great opportunities..
Felayt OP 71518529 : how can we know the market will not go worse![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
71518529 : It probably will get worse so when you see big dips in say TSLA buy a few shares then if if falls further buy a few more shares on the way down.. Remember your long term you will over the long haul do very well.. Also pick great companies to invest in..
71518529 : Oh yes Google, And Amazon are splitting 20 for 1 in June and July keep an eye on them.. Hopefully they can get this inflation under control this administration has created a huge crisis..
Felayt OP 71518529 : seems you are value investor! Strongly agree with you~![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Thx for sharing![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
71518529 : Anytime my friend..
71518529 : Are you a long term investor?
Markio1315 : if you are hardcore value investor, and believe FANGAM ( $Meta Platforms (FB.US)$, $Apple (AAPL.US)$ $NVIDIA (NVDA.US)$ $Alphabet-A (GOOGL.US)$ $Amazon (AMZN.US)$ $Microsoft (MSFT.US)$) are best value now, you can buy and uninstall moomoo and install back 18 mths from now.
71518529 : Long term i will definitely stick with TSLA..
71518529 : With the President and administration in office nothing is safe right now!! Any suggestions??
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