5%??? Im dying of laughter but sorry. My bank offers me 11% on my fixed deposit... guaranteed! (Obviously I won't get such a high return with a 1$ account)
RE: ⏺How anyone can become wealthy with as little as even $1!
You are viewing a single comment's thread from:
⏺How anyone can become wealthy with as little as even $1!
And once again, it comes down to risk. Your bank pays a high interest rate, because your economy is up shit creek. They are poorly rated and as a result contain RISK.
This is the entire point. If you do 11% every year for 14 years and then lose 99% on the 15th year, then it is not worthwhile.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@longfield98 does not use South African banks - neither do I
Our banks pay us these rates because this is what normal is.
I dont want to tell you what to do with your money @forexbrokr but if you cannot find these deals i suppose you are looking in the wrong place.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Risk.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit