Saving Interest Rate at 0.1%

For your extra cash not needed for the next 5 years, the option of more saving is out as inflation of up to 3% will definitely kill off your cash holding in the bank.

Now, you may be forced to take more risks to invest in either retail bonds to get lock up for X years in Return of Capital or invest in dividend yielding stocks but uncertain of Return of Capital or Returns on Capital.

Be extra careful of your friendly financial advisers or bank relationship managers offering you Capital Protected or Structured Products. During the era of low interests rate, it is their harvest time.

You may have to determine for yourself which is the least Evil of All.