I intend to put $60,000 in Fixed Deposit since they offer me such
good rate
principal amount not much, interst high also no use. but its the
highest interest rate amount the savings account and secure
cannot anyhow withdraw. one good alternative.
those people got the 'money in hand cannot spend cannot live'
syndrome will have many ways to spend 10 thousand bucks. while
those wo have seen tough times and the mind character break out of
it instead of bent will know to keep some for rainy days.
younger generations whom parents really educate them well on
proper wealth and finance management can usually use the money
wisely.