Corinthianus
New member
So I had saved some money (like $1000) and decided to deposit it in my savings account at the bank. When I got there though I saw some other services that would give a higher rate than my savings account like time deposits, a high yield savings account, some UITFs and mutual funds. Now, I don't need to use my money right away so I could put it in any of these financial instruments but I don't know where to start as I have never had anything more than a savings account. Any idea where I should put my money? I'm really not familiar with funds and time deposits. Thank you!