Quote:
Originally Posted by lovesprout
I want to deposit SGD 20,000. If the annual interest rate is 12%, then every month she will get SGD 200 automatically. Close to her current monthly salary.
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Bro, I think u are talking abt fixed deposit with 12/24 mth locked period. She will only able to draw the interest out after 12/24mth to enjoy 12%. If u wan to draw interest every mth which is 1 mth locked period, the interest will be low.
Btw, really not advisable to open vietnam dong fixed deposit. The forex will kill u. Vietnam still a developing and an exporting country , they will devalue their dong to draw investors and make their exporting goods attractive in price just like China.