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Thread: Depositing money at banks or doing investment in the stock market?
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[quote=ZOEY,243790]From August 22nd, the interest rates will rise again. The one-year deposit rate will increase to 3.6%, while the one-year lending rate will rise to 7.02%. It is the fourth time China has raised the imterest rates. In all, the deposit rate has rised 1.08% and the lending rate has increased 0.99%. How does it have its influence on people's lives? With the rise of the deposit rate, people can benefit more compared with the past. Meanwhile, the interest tax has also decreased. Choosing to deposit your money at banks can bring more profit. On the other hand, doing investment in the stock market is also a good way to make money. Compared wtih saving, it can bring you more money. However, you have to bear higher risks. At present, the share index has broken 5000-point mark. Obviously, the stock market has not been affected by the rise of the interest rates. Will it keep on rising? Judging from the current situation, either depositing money at banks or doing investment in the stock market can bring your profit. Which one will you choose?[/quote]
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