what i need to do and not to.
thank you.|||All banks offer time deposits. You invest a flat amount of money for a fixed term and a fixed interest rate. At the end of that term you get your money back plus interest. For example if you invest $1,000 in a 1 year time deposit at 1% you will get $1,010 at the end of that year. If you withdraw early you will pay a penalty.
Right now a time deposit is safe but the return is terrible.
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