When you keep money in the bank and receive interest payments, is this an investment? |
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When you keep money in the bank and receive interest payments, is this an investment? |
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When you keep money in the bank and receive interest payments, is this an investment? Why or why not?สมัครเว็บเล่นสล็อต
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keeping money in a bank and receiving interest payments is a safer and more conservative approach to preserving capital and earning a modest return, which makes it different from investments that typically involve higher risk and higher potential returns. I do the same with my online earning which I earned from my website every month.
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#8
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Newbie ![]() Csoport: Members Hozzászólások: 1 Csatlakozott: 28-July 23 Azonosító: 7,978 ![]() |
When you deposit money in a savings account or a certificate of deposit (CD) at a bank, you are essentially lending your money to the bank. The bank, in turn, uses these deposits to fund its lending activities, such as providing loans to other customers or businesses. As a reward for lending your money to the bank, the bank pays you interest on your deposit. The interest is typically a small percentage of the amount you have deposited and is added to your account over time. For more tech related queries like how to get phone records you can visit this site.
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Szöveges verzió | A pontos idő: 12th September 2024 - 02:11 PM |