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Thursday, May 15, 2008

Investing in Foreign Currency Deposits

Dear Mr. Tan,
What do you think about foreign currency fixed deposts that pay about 7% to 8%? I am of investing in NZ$ and A$. The money has been in the saving account for quite some time.

REPLY
I have a lot of my own money invested in AUD and NZD. I like the high interest rate. I hope that the currency will be stable, but this is a risk that the investor has to take.

Read this FAQ:
http://www.tankinlian.com/faq/foreign.html
All the best to you!

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