If your are probably most people, you are unhappy about the low interest rates you earn from your bank deposits. Do you know that the lower the interest rates you are paid, the more profits the bank earns? It is because banks gather the money from depositors and then lend them at a much higher interest rate thereby earning as profits the difference.
Why not be a stock holder of the bank instead and benefit from the lower interest rates banks pay. Benefit from low interest rates instead of suffer from it. Continue reading “Do Not Deposit Your Money In The Bank”