As we cope with the inflation now, Bank interest is no longer as attractive as other investments. Do you have your savings in a Fixed Deposit account?
Is that worth doing?
Fixed Deposit
3 posts • Page 1 of 1
Fixed Deposit
by gscs on November 24th, 2007, 3:44 am
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gscs - Posts: 23
- Joined: November 24th, 2007, 12:07 am
Re: Fixed Deposit
by jnjblogger on November 25th, 2007, 2:45 pm
I spread my money out. We have a 401K through my husband's employer, we have certificates of deposit with varying maturity dates, and we keep some in a money market account, which pays a fairly decent rate. I don't keep much at all in a standard savings account because the interest there is pathetic.
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jnjblogger - Posts: 55
- Joined: November 23rd, 2007, 7:39 pm
Re: Fixed Deposit
by vijay001 on November 28th, 2007, 10:19 am
It is no worth but I can say that we keep our money safe there is no risk.
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vijay001 - Posts: 22
- Joined: November 24th, 2007, 7:13 am
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