Invest Your Money in Bank Fixed Term Investment

If you are about to invest your excess money, you’d better collect complete information about what type of investment suit you the best. You can choose investment which gives you short term or long term returns. Each investment has its own risks, liquidity, duration, and returns. You can consider those factors to help you make the right investment decision. Since you will invest your own money, it is better for you to choose what investment you want by yourselves.
You can invest your money in banks if you want. Banks guarantee the returns you will get. There is a so called bank fixed term investment. At first, you need to give a lump sum to the bank for a fixed period, usually varies between 3, 6, or 12 months. During that fixed period your money will be locked away by the banks. It means that you can’t withdraw your money anytime you need it. In return, the banks provide you with higher interest rate than you get from straight savings account.
Your returns will be determined by the fluctuation of interest rates. This kind of investment can be your short term or medium term investment. You will get high returns when interest rates hit ‘high phase’ too.
You may be able to withdraw your money, but you will get a lower rate. These can be a good short or medium term investment, depending on interest rates. Interest rates are always changing - sometimes they go through a 'high phase' - this is usually a good time to have money on fixed term deposit.