Today, I learned about a different kind of investment and a different kind of bank.

What did the endorsers have to say?

Giselle Sanchez: “It is an investment just like bonds, stocks and savings.”

Anna-Lynn Salindong: “It is just like an insurance policy – a biological insurance policy.”

But I was not really thinking about investing and investments that day. I was going about my own way, staring at the wall of a clinic, when the wall stared back. On it was a message board and on the board was a poster of a cute baby.

It was a poster for cord blood banking.

Cord blood what???

And I was reminded that I kind of knew about it, a colleague in work having “banked” his baby’s cord blood in Singapore two years ago. All I know was that the expense was prohibitive. But I remembered too that my colleague, although sighing and murmuring about all that money he spent for it, thinks that he did good.

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But a bank is a facility and should be treated as such, a temporary parking space for money, and then the money should be put somewhere else so it can make more money to those who are entitled to it – you and me – who worked hard for it. If the money is left to rot in almost interest-free savings accounts, inflation (general increase in prices and fall in the purchasing value of money) would work it’s magic and the money is no more.

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