Reported 7 months ago
Yahoo Taiwan's financial editorial team on June 12, 2024, discusses the importance of setting aside one's first savings as a financial milestone. While many may believe that investing in stocks is more profitable due to low bank interest rates, fixed deposits play a crucial role in asset allocation. The article explains the advantages of fixed deposits, the differences between regular and savings fixed deposits, and provides three tips for making the most of fixed deposits, highlighting the importance of using fixed deposits for emergency funds and differentiating between various fixed deposit options to maximize savings.
Source: YAHOO