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Old 12-12-2014, 11:35 AM
mutantchicken mutantchicken is offline
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Re: Vietnam - HCM (Thread 3)

Quote:
Originally Posted by MIFAcafe View Post
place a FD

Can live off interest.7.4%.

http://vietnam.deposits.org/accounts...m-deposit.html
yeah great idea...until u factor in inflation rates and the devalued dong, so u change 100k sing get x dongs then 5 yrs down the track u change back to sing dollar and u get much less, further factor in inflation and in real value, u losing out, yeah great investment mind

Vietnams official inflation rate for this period was:

2008 24%.

2009 7%.

2010 12%.

2011 19%.

2012 9%.

2013 6%.