Sunday, December 11, 2016

Bank Savings vs Company Investments

Are you tired of not knowing whether you should invest in a company or put your savings in a bank? *Well never fear because this sleepy nobody is here to help! Let's start off with the annual rate of return, which is a proportion of your original investment in a percentage. Banks such as Chase and Wells Fargo usually offer you an annual rate that ranges from 0.01% to 0.5%, which doesn't even hit the 1% mark by any means. Companies, on the other hand, can range from 0.5% to 8% in annual rate, which can net you so much more money in the long run. But although companies and banks seem good to put your money into, remember that there is always the possibility of the stock market crashing or the bank filing for bankruptcy. So by investing in a company or putting your savings into a bank, you risk losing that money if it is a huge amount of it. Investments are a good and usually reliable source of earning money on the side, but remember, there's a catch to everything, so choose wisely...


















*I am in no way accountable if you lose money due to bankruptcy or a stock market crash. 

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