If you just keep your hard earned savings in the bank, it is going to depreciate due to inflation which is at 3-4% per year. Keeping it in the fixed deposits is not enough with only 2.5% per year. So you need to invest your cash in various money instruments like government bonds, unit trusts, share market or even buy gold bars through your local bank or other companies. Investment in gold is a wise decision because from the past 10 years of statictis, the price of gold has climbed steadily. You need to make your money work for you and hopefully your investments will reap profits later on. You also need to have sound financial knowledge before you embark on investing in the share market. Warren Buffett made all his money from the share market and he is the world’s greatest investor. From USD100,000 invested 40 years ago, it has compounded to more than a billion now! Buffett never sold any products to make money and his investment company sells the most expensive share in the world at USD100,000 per share!
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