Are you scared of Making Risky investment? The Bank Also Offers Investment Options

There are different types of investment, while some people are doing investment that are producing better returns, others are doing investments that are making them run at great loss. Investing does not always provide us with the avenue to win neither does it constantly provide us with the avenue to win.

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It is good to make investment, but care needs to be taken whenever an investment option is considered. It is possible to have an investment option that is high but produce lower result, it is also possible to have a low investment option that will yield higher returns and vice versa, nothing appears permanently in the investment world.

A quick survey was taken some years ago and a question was asked about the decision to either put money in bank or put it into making some investment option, a large percentage preferred to put their money into an investment platform because the bank was seen as a place where money was lost but as much as the bank loves to deduct money from our account, there are things we can do to avoid regular deductions from bank and even earn profit on our money.

Keeping money in the bank does not really look like an option of investment, but it is a safe way to keep your funds without the fear of price fluctuation. There are different types of savings account, if you want to keep your money for a long time, look out for those savings account that offer high interest rate, the interest rate of an account should determine if you will make it an option or not.

Keeping money in a profitable savings account: When your fund is kept is kept in a profitable savings account for a long period you can be sure of an additional amount by the time you withdraw your money. Some savings account offer low profit and other savings account offer high profit rate, money saved in high interest saving account will yield good returns at the end of the year.

Certificate of Deposit: This is a system of investment used by banks, there is an agreement between the investor and the bank that the money will be kept for a long time before it is withdrawn, this means if the money is going to be withdrawn before the agreed date, the investor will be charged a certain amount. The interest rate on this account could be as high as 2.5% annually, after the agreed year, you can withdraw your money conveniently and have a good profit rate to yourself.

So if you have some money that you could put into investment and you are scared of the type of investment options to consider, you can consider using the bank as a good way to keep your money save while you earn returns.