Quote from: Caladonian on October 20, 2016, 02:43:11 AM

Quote from: Doms on October 20, 2016, 02:37:24 AM

Quote from: Legendaris on October 20, 2016, 12:37:09 AM

Saving currently isn't really interesting as a normal savings account gets you about 4% interest per year. if you have money that you'll not spend the comming years it can be set at 6-8% each year but the downside is that you can't acces your money for 5 years. Are you be patient with it?

You'd be lucky to find a bank that gives that much interest on your savings. Back here in my country, savings accounts can only earn less than 1% annually. There are other bank related investments that offer bigger interests like time deposits, UITFs and bonds, but carries with them some kind of risk.

so its better for us to llok for more investment instead of allowing the bank to play for our money, internet can help us finding the better ways to invest all we have to do is to research and make ourself aware on any aspect from whatever investment we will going to enter.

The good thing now is that information are free and easy to access, thanks to internet we can search what we want, and it will only depend on a certain person if he will take an effort to search for a better investment opportunity that fits his interest and will study it to be successful.