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Tuesday, August 16, 2011

Invest Money in Bank Savings Account

When you have excess money, maybe you should consider having investment using your money. Investment gives you short term or long term return. Actually, there are several types of investments you can choose, such as short term deposits, bonds, property, and shares. Those investments have different risk, returns, liquidity, and duration. You can choose which type of investment suit you the best.
If you are interested to invest your excess money to bring you profit later, maybe you should try to invest your money in savings account. This is the simplest way to have short term investment. For you who never have experience in investing your money before, maybe this is the safest way for you to invest your money. You should understand that returns of this investment are lower than other investments, but at least the returns you get will be guaranteed by the bank. That’s why it is considered as the safest investment for beginner. Your investment value will not drop drastically in the short term while others might.
Bank saving accounts give you total liquidity investment which means you can withdraw your money, part of it or all, whenever you want. This investment is ideal for you who want to invest money to keep emergency fund.

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