banks charge housing loans at 6%, thats why they are able to give you 3.95% on your fixed deposits (Singapore bank rates) and keep the rest as their profits, while using your principal sum of $1 million to sell more loans to customers at 6%. (and repeat)
Great, more videos like this would be very helpful. Thanks
How can l open account
Thought the interest is paid monthly
Talk about the depriciation effect
hedge funds make 3% a year. fixed deposits earn 8% a year. any other safe investments that can beat inflation?
Is the interest earned monthly?
yearly he said
Any opinion on forex trading?
Its good as long as you have capital nd knowledge about it
Nowadays they are charging for even changing your acc. To fixed
Too good to be true.
Chineke... I guess I'm the only South African here
I'm based in Johannesburg... and you 😂🤣😂
This is rubbish, how can u pay 100·000/= on a million deposit for 12'months, get serious
🤣🤣🤣🤣just imagine
I don't understand this video
banks charge housing loans at 6%, thats why they are able to give you 3.95% on your fixed deposits (Singapore bank rates) and keep the rest as their profits, while using your principal sum of $1 million to sell more loans to customers at 6%. (and repeat)
❤