Had a relook at the video which has great advice on Fixed deposits. The compounded interest rate is a better option if one needs to invest in a fixed deposit. 🙏
First we must know that in any Financial activities there are Risks, mastering Taxes and Different types of Interest rates also very important when investing
@wjg203 this is where a Professional Financial Planner should fit in. If you meet the requirements you can book a consult here: www.retirevsresign.co.za/consult/
Compounded interest rate sounds the best.
Had a relook at the video which has great advice on Fixed deposits. The compounded interest rate is a better option if one needs to invest in a fixed deposit. 🙏
Quite right Kamintha. Great take away!
Thank you, very interesting.
Very valuable info, thank you
Glad you enjoyed this Liana. What motivated you to watch this video?
First we must know that in any Financial activities there are Risks, mastering Taxes and Different types of Interest rates also very important when investing
- HOW TRUE YOU ARE TAXED TILL DEATH
Ive seen ads where banks offer 12.5% now on a foxed deposit.
Now im asking myself why would i want to take the risk to make offahore investment
@wjg203, the interest rate is one factor. Also consider tax, estate duty and other fees.
@@DhevanNaicker Yes, Thank you for reminding me, I did notice those as you pointed out. The trick question is where should I then consider to invest?
@wjg203 this is where a Professional Financial Planner should fit in. If you meet the requirements you can book a consult here:
www.retirevsresign.co.za/consult/
Oh no
@melany, what stood out for you?