The time deposit in banks earn very little interest


Well-known member
As a favor to a close friend, I invested the equivalent of $20k to the Time Deposit in their bank. Oh, the interest is paltry and not really substantial at all. Compared to the profit that I earn from stock trading, the interest in the Time Deposit is chicken feed or peanuts. Maybe the central bank should review their interest rates so their product for investment would be competitive. However, I do not intend to withdraw my investment for now. Maybe next year will be the end of that time deposit investment.

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