My first investment

I was initially very excited to enter this entry down, but due to many things to do and preping for tmr, eventually I lacked the luster to finish this topic. Nevertheless, shall proceed on. Today I decide to take the plunge into the world of investment and securites by purchasing T-bills from MAS. You can access the website here http://www.sgx.gov.sg/ . GeneralPanzar (hopefully I got the spelling right) is of great help although not directly, but I read one of his forum posts to another netizen about T-bills and realise that the primary banks in singapore could tender in the bid for you. So, at the young age, the bank staff who attended to me was pretty,no, pretty helpful to let me fill in some forms to open an account with sgx in order to submit my tender now and in future and new investors, please be aware that the bills are issued every saturday and most banks would stop receiving applications for the bids a week before on the friday. For my case as an example, today is 6 Mar, by right if I had an account with sgs already, then I would be bidding for the 15 Mar issuance, instead of 8 Mar. It takes 3 working days to open the account hence by then I would have missed the 15 Mar and hence I placed tender for the 22nd Mar issue. My decision was initially to go into trading stocks and such but looking at the markets now, something that gives signs of weakness due to a slowdown in the US economy, high inflation rate in singapore, US and even mainland China, things would be too risky if I were to put my capital in the markets right now. Moreover recently, an analyst said that the economy won't recover till the third quarter of 2008. Know I shouldn't be following analyst opinions but indirectly, it influenced me to put my cash in safer, lower returns T-bills

~cheers and enjoy