11 Jul 11
Fixed Deposit is like Time Deposit If I am not mistaken. Since you said you have a monthly salary. You start from saving money from an account you promise to withdraw the money for s span of time. If you are in Philippines BPI has an offer where you can deposit such amount and you gain interest and once you achieve an amount without withdrawal make. You will another earn from that term. Are you from Philippines?
10 Jul 11
I think fixed deposit is the safest way for earning even though the interest given is not very high in my country. I never try invest by other method such as invest online, because i never believe it even though they paid us very high interest, but high risk also, isn't it?