Where do I put my money?

fawne · Apprentice Joined: 09 Apr 2010 Posts: 1

I recently earned large amount of money and i would like to do something with it. I dont know what should I do? I heard I cannot put big cash on the account since bank would ask questions and start tracking money, but its not such a large sum. Some people suggested that I can open a saving account the other ones says bonds are pretty good thing to profit more. Where do I put money?

drew1100 · Apprentice Joined: 13 Mar 2010 Posts: 1

You can surely invest your money in bonds because they are paid off as a prize and by buying more bonds you increase your chance to have a bigger win. On the other hand, savings accounts are good way for saving money. If you invest or put your money on a money market saving account you can earn greater interest from it.

margauxmorgan · Apprentice Joined: 08 Feb 2012 Posts: 24

if the money's not from something bad then you shouldn't worry about putting it in a savings account
and yeah... you can find a good deal with big interest
so not only can you save but earn as well

hope this helps and good luck!

currencyoption · Apprentice Joined: 10 Aug 2012 Posts: 3

You have not how much money u need to invest and what type of risk you can take for a good return.

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