Now You Can Make Money Again From a Long Dormant Investment

Finding a safe place to park excess cash that actually pays you some interest has been a challenge for more than a decade.

With central banks holding rates down to boost or protect economic activity for most of the past decade, it’s been hard to get your money’s worth.

For years, bank certificates of deposit were Wall Street’s version of unused books gathering dust on the shelf with little or no demand.

2021 and 2022 have changed the equation, as rising interest rates have lit a fire under the Bank of China market, where 3.5%-to-4% returns are crossing the fruit plains everyday.



Source

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Back to top button