Term Deposits for Young Adults

Astute young adults may invest their money even before they start a career. Whether they earn money through summer jobs, afternoon jobs, babysitting or even by saving up their allowance, many young adults have some money that they know would
Posted in Term Deposits | Tagged , , , | Leave a comment

Can I Add More Funds to My Term Deposit

So you’ve made a very wise financial move and opened up a term deposit account. Then you realise that you have more funds at the ready that you’d like to add to the account in order to take advantage of term deposit accounts’ great interest
Posted in Term Deposits | Tagged , , , | Leave a comment

Term Deposits: What Happens to Your Money?

Term deposits may be deemed to be a less risky and more reliable way of saving money, ideal for the careful and conservative investor, as this type of savings investment has a guaranteed rate of return. Based on the Australian Prudential Regulation
Posted in Term Deposits | Tagged , , | Leave a comment

Term Deposit Rates: Not the Only Thing to Compare

When it comes to investing, the one factor that most investors are most interested in is the return on investment -- how much can I make? Term deposits are no different. Many investors comparing term deposit rates focus tightly on interest rates,

Posted in Term Deposit Rates | Tagged , , , | Leave a comment

Term Deposit Rates: Compound and Simple Interest

Even those who think they understand term deposits well may be tripped up when it comes to a discussion of compound and simple interest. That, however, is understandable. While compound and simple interest are, at heart, relatively easy concepts
Posted in Term Deposit Rates | Tagged , , , | Leave a comment