if i have a S$1m in cash
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if i have 1 million, i will take stacks of $ & throw in front of someone who is supposed to be one of my loved ones, but has been looking down on me & my hubby, & humiliating us with her $$…
(haha! just a bit of wild imagination!! to make myself get a teeny bit of comfort/console)… -
cool_hi:
why waste $$ and waste money and waste your brain cells?? go celebrateif i have 1 million, i will take stacks of $ & throw in front of someone who is supposed to be one of my loved ones, but has been looking down on me & my hubby, & humiliating us with her $$...
(haha! just a bit of wild imagination!! to make myself get a teeny bit of comfort/console)... -
I will make myself and all my close ones happy!
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mommypoon21:
I will make myself and all my close ones happy!
great! -
cool_hi:
Make sure you change the dollars to coins first. The pile will last longer and the effect more painful ! :evil:if i have 1 million, i will take stacks of $ & throw in front of someone who is supposed to be one of my loved ones, but has been looking down on me & my hubby, & humiliating us with her $$...
(haha! just a bit of wild imagination!! to make myself get a teeny bit of comfort/console)... -
If I have S$1m in cash, I would move to Indonesia, so I will become a billionaire with about 6.4 billion rupiahs there
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I will put it in the bank as foreign currency FD. In the mean time, look for other options and weigh the pros and cons before I show hand that $1mil.
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Imami:
I will put it in the bank as foreign currency FD. In the mean time, look for other options and weigh the pros and cons before I show hand that $1mil.
seriously foreign currency FD ? it will depreciate in no time and whatever interest arbitrage you get will not be enough to compensate the exchange loss
go read about 'interest rate parity' -
verykiasu2010:
Is it? You are an investment expert but I am not. So you must know better.... Ok, then what shd I do while i decide... :sad: (ha, day dream also very serious).Imami:
I will put it in the bank as foreign currency FD. In the mean time, look for other options and weigh the pros and cons before I show hand that $1mil.
seriously foreign currency FD ? it will depreciate in no time and whatever interest arbitrage you get will not be enough to compensate the exchange loss
go read about 'interest rate parity' -
Imami:
Is it? You are an investment expert but I am not. So you must know better.... Ok, then what shd I do while i decide... :sad: (ha, day dream also very serious).[/quote]i am no expert but you should google and read what is meant by interest rate parity before losing money in forex deposits...there is no free lunch, and there is no arbitrage .... equilibrium will be reached in no time in internet age where everyone will get updated info quicklyverykiasu2010:
[quote=\"Imami\"]I will put it in the bank as foreign currency FD. In the mean time, look for other options and weigh the pros and cons before I show hand that $1mil.
seriously foreign currency FD ? it will depreciate in no time and whatever interest arbitrage you get will not be enough to compensate the exchange loss
go read about 'interest rate parity'
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