Is Bank Saving A Good Source Of Investment??

in Project HOPE4 years ago

Countless time we have all hear about the prospect of investment and how it can help in benefiting our financial capacity to enlarge more and for us to stand on our own financially comfortable.

In as much as many of us want to start investment, many of us are ignorant of what and when and which type of investment we should really involved to and so some either make right decision based on investment, some made wrong decision of picking the investment choices they and some to an extent it is not good but also not bad.

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Many involved in the bank saving as their own form of investment and I begin to wonder is bank saving really one of the best investment somebody looking forward to enlarge it's financial capacity should involve to or....

Though many people choose bank saving because of the secured stuff surrounding it. I mean that sudden assurance that your funds is safe and your saving is well secured is pretty good but also the low rate of the interest.

Though I love the bank saving from rm as a investment because of the security but the low return rate of the profit or should I say interest on your back saving funds looking at the long duration is discouraging for one to choose bank saving as a major source of investment.

Though many people chooses bank saving as a form of their investment but I am not convinced about it . Let me hear about your own opinion on the comment section.

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To the question in your title, my Magic 8-Ball says:

Very doubtful

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

Hello friend, I agree with you, do not think that bank savings is the best option, there are other ways to generate money and with better profits. The banks will always look for ways to benefit them much more than the customer. I believe that they cannot be trusted completely.

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