I am not good in investment. I see most of my friends invested their money in share market or buying properties. I tried to invest my money in mutual fund as well, but, the economy crisis just hit to our country. As the consequences, my invested value is getting lesser and lesser. At the end, I stopped to invest more money into it.
Since I have no place to invest, so I put a big portion of my money into bank. At least I can see the interest growth, and bring some profits. But, the government wanted to stimulate our market cash flow, so they decided to decrease the interest rate. I am confused with the bank rate which offered by the different bankers.
Luckily, I found a website which could help you to monitor bank’s rate. At monitorbankrates.com, I can get five financial calculators including a Certificate of Deposit (CD) calculator! It could help me to calculate how much of the interest that I will earn on a CD.
It is very easy to use calculator. I just need to enter the CD deposit amount, and then select term and CD Rates; I could easily monitor my money in the bank!
So, where do you put your money?
