Comments on: Savings Account or Term Deposit? http://magicalpenny.com/savings-account-or-term-deposit/ Grow your money and learn to invest Sun, 29 Jan 2012 17:20:56 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: 50 Blogs with Tips on Increasing Savings | SavingAccountsRates.com http://magicalpenny.com/savings-account-or-term-deposit/comment-page-1/#comment-455 50 Blogs with Tips on Increasing Savings | SavingAccountsRates.com Thu, 29 Jul 2010 12:45:37 +0000 http://magicalpenny.com/?p=406#comment-455 [...] Savings account or Term deposit One blogger explains the difference and which one is better. [...] [...] Savings account or Term deposit One blogger explains the difference and which one is better. [...]

]]> By: physical therapist http://magicalpenny.com/savings-account-or-term-deposit/comment-page-1/#comment-204 physical therapist Wed, 14 Apr 2010 22:33:18 +0000 http://magicalpenny.com/?p=406#comment-204 Great site. A lot of useful information here. I’m sending it to some friends! Great site. A lot of useful information here. I’m sending it to some friends!

]]> By: Adam http://magicalpenny.com/savings-account-or-term-deposit/comment-page-1/#comment-196 Adam Tue, 13 Apr 2010 22:53:09 +0000 http://magicalpenny.com/?p=406#comment-196 @Kate -I agree, savings accounts are best for most people in their 20s because we're not using cash to get us a return; rather we're using it so its there when we need it. @Pinyo- thanks so much for commenting. I love your blog and feeling a bit star-struck that you're commenting here. You're right that term deposits are not offering much better rates than instant access (although in the UK the rates are a little better than the states I think. For me though my cash deposits need to be liquid because that's their purpose. Longer term money is invested in equities, which I can't wait to start writing about here on Magical Penny -just wanted to get the basics in first as they are so important. @Kate -I agree, savings accounts are best for most people in their 20s because we’re not using cash to get us a return; rather we’re using it so its there when we need it.

@Pinyo- thanks so much for commenting. I love your blog and feeling a bit star-struck that you’re commenting here. You’re right that term deposits are not offering much better rates than instant access (although in the UK the rates are a little better than the states I think. For me though my cash deposits need to be liquid because that’s their purpose. Longer term money is invested in equities, which I can’t wait to start writing about here on Magical Penny -just wanted to get the basics in first as they are so important.

]]> By: Pinyo http://magicalpenny.com/savings-account-or-term-deposit/comment-page-1/#comment-194 Pinyo Tue, 13 Apr 2010 14:04:17 +0000 http://magicalpenny.com/?p=406#comment-194 That's a nice overview of the two types of account. Personally, with the 12-month term deposit rate being so close to high yield savings, I'd go with the savings account. That’s a nice overview of the two types of account. Personally, with the 12-month term deposit rate being so close to high yield savings, I’d go with the savings account.

]]> By: school grants http://magicalpenny.com/savings-account-or-term-deposit/comment-page-1/#comment-193 school grants Tue, 13 Apr 2010 14:02:06 +0000 http://magicalpenny.com/?p=406#comment-193 Keep posting stuff like this i really like it Keep posting stuff like this i really like it

]]> By: Kate Newby http://magicalpenny.com/savings-account-or-term-deposit/comment-page-1/#comment-158 Kate Newby Tue, 30 Mar 2010 18:40:34 +0000 http://magicalpenny.com/?p=406#comment-158 Savings Account is the best option for me at this time. Hopefully one I start making money, I can look into term deposits as an option. Thank you for the breakdown. Savings Account is the best option for me at this time. Hopefully one I start making money, I can look into term deposits as an option. Thank you for the breakdown.

]]> By: Personal Finance Buzz http://magicalpenny.com/savings-account-or-term-deposit/comment-page-1/#comment-156 Personal Finance Buzz Tue, 30 Mar 2010 15:43:32 +0000 http://magicalpenny.com/?p=406#comment-156 <strong>Personal Finance Buzz...</strong> Your story was featured in Personal Finance Buzz! Please visit and promote your article.... Personal Finance Buzz…

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]]> By: pharmacy tech http://magicalpenny.com/savings-account-or-term-deposit/comment-page-1/#comment-151 pharmacy tech Tue, 30 Mar 2010 08:32:18 +0000 http://magicalpenny.com/?p=406#comment-151 Keep posting stuff like this i really like it Keep posting stuff like this i really like it

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