Thursday, May 11, 2006

Basic Investment Tip

Desi Fun(da) ... and more.

Investing is always a pain in the ass. But for the regular anand (desi version of regular joe) there is nothing better than a fixed deposit to save up all the hard earned rupees. While I was in state college I got into the habit of saving up and converting parts of my savings account into CD's ie Certificates of Deposit ie fixed deposits, which invariably have a decent rate of return. Thanks to Abby at PNC Bank who really helped me out with all this. They have this simple advice on how to maximize your returns in a FD scheme. Look at the
PNC Bank- Building a Ladder of Savings Certificates for their solid advice.

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