Recently I went to the bank to put some money in my savings. I do not have alot of money but try to save some each week. The bank had a nice plan going on that the intrest rate was better then the savings.
For a one year CD I am getting over 6 1/2 percert. Where my savinging was only 4 percent. Due to the fact I am trying to save money I have turn my saving over to the CD. This plan on the CD allows me each week to put as much money in the CD as I can afford. Which is nice.
After the one year I can take the money out of the CD or I can leave it in and contiue to let it grow with adding more money in the CD as I see that I am able to do that.
If you are looking to put some money away,with out having to use it for a year. Check with your bank and find out if they have a plan like this or maybe a small CD that the intrest rate is better then the savings.
Robert Kiyosaki's books, such as "Rich Dad, Poor Dad," teach a lot about investing. People who are truly interested in making the most out of their money should take the time to read them.
Thank you for that resourse. I will have to go and read the book. Maybe I can get a better understanding of some things I would like to learn about investing. Thanks
