Investment of funds in the escrow account is not the only way of salvation savings from inflation. Thanks to Deposit deposits, in a stable economy, you can even increase your savings.
Deposit is the least profitable financial instrument, but at the same time the least risky. If you keep deposits in different currencies and more or less stable banks (the rule of baskets and eggs has not been canceled yet), the risk of losing your savings is practically reduced to zero.
So, if you decide to put money on Deposit, you need to know a few secrets of this “kitchen” to maximize their “blood”. The first and most important question: “What type of Deposit to choose?”. In Russian banking practice, the most common two types of deposits by type of interest accrual: Continue reading