Buy AMWAY counter. Its price is pretty flat and they pay annual dividend which is more than FD.
where to keep money with good interest, saving money
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 Oct 14 2008, 09:01 PM
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52,874 posts Joined: Jan 2003 
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Oct 15 2008, 10:12 PM
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QUOTE(c0ok1e @ Oct 15 2008, 08:47 PM) oh i c..so means i need to save my money to 5k only can buy blue chip? Not necessary. Since blue chip is expensive, with lower capital, the number of share you could grab is not many. |
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Oct 15 2008, 10:49 PM
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QUOTE(swet_swet89 @ Oct 15 2008, 10:41 PM) btw, lets say if i put 2k in FD. Few months later, if i have save another 1k, can i add it into the FD? Into the same FD? It depends on the maturity date. Or else, you can create another FD (separate FD certificate). |
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Oct 15 2008, 11:20 PM
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QUOTE(swet_swet89 @ Oct 15 2008, 11:16 PM) what to u mean by maturity date? can explain more? that means i can create multiple accounts for FD? what is the best way in my situation? What I meant is upon mature, you add more cash to that existing FD cert if you want to renew it." a get to save 1k in 2 months" can i top up in the current FD or keep on opening multiple FD accounts? thx =) It's up to you to have a single FD cert or multiple FD cert. The good thing of having several FD cert is you can have different maturity dates. |
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