Most doting parents want to provide a safe and secure growing experience for their children. Especially when it comes to their little ones' financial future, many are going beyond storing their hard-earned money in the best savings accounts to explore portfolio diversification with different investment products in Singapore. With soaring inflation, investing early not only makes perfect sense for building.
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account holders a fixed amount of interest in exchange for depositing a certain sum of money for a certain period of time. While fixed deposit rates.