There are now a number of ways you can effectively save money for either the long or short term. One way is through a time deposit investment. This is a fixed term savings account where as long as you leave the funds in place for the specified time, an enhanced interest rate is attached to the product. There are penalties for early withdrawal or not giving notice to withdraw during the term but there are a number of benefits to choosing this route. (more…)
The benefits of time deposit investment savings
categories: Investment, Technology