Saturday, December 27, 2008
Keeping your money in the bank does not help at all. whether you are invest in any form be it fixed deposit account, the thing is you are not investing.
Money looses it values. If today you have invested in a fixed deposit account, and happy to get your reward in the next 10 years. You are loosing your money, remember money depreciate and the trends shows that it drepreciate in value alot than appreciating.
This is one reason why you need to invest your money into business, real estate rather than keep it in a bank. Why give banks your money to do business of which the profit you will never ever smell but only to read their end year financial statement of how much their profit margin is growing.
You can only benefit from these bank if you are a major shareholder, note" Major Shareholder. But just becoming a ordinary shareholder you will never make money from banks
Posted by George at 6:17 AM