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      Sunday, December 21, 2008

      Investing your money

        Making money not only involves earning it and saving it, but also investing it in the best possible manner so as to maximize your returns. A smart investor understands that investing is not a luxury, it is a necessity. Smart investing, not saving, is the key to building wealth. Nowadays, with recession staring us in the face, this assumes even more importance because one’s wealth can easily be eroded over the long term and we need to protect against that. Since banks provide one of the the safest avenues of investment in today’s risky times, it’s a good idea to research where you can get the highest Bank CD Rates and invest your money in those banks. Online Savings accounts also provide a convenient and flexible means of investing money and a lot of options exist in this regard. Before choosing any one bank, make sure you look around for where you can get the best rates for your hard-earned money.

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