Interest rate once again dropped

Hi Kingparker, over there, the interest rate is too low to drop further. At the rate of 0.1% per year, you earn a dollar with $1000 in the saving account. Some people put their money in foreign currencies, and earn better rate. But I do not think that is wise to do, since the appreciation of the currency in my country is higher than other countries. I think you can consider opening a China Yuan fixed deposit account. You can get a better rate for the fixed deposit, and perhaps appreciation of Yuan a few years later.

I do have a mutual fund that include stocks, but that is for the long term. I do not want to put any more money in it right now because I might need the money. I aso have one of those tax free accounts, but do not want to put more in it other hten the regular amount I have been doing every month that is not much. I guess the only way is to work more to make more money, but I am also taking singing lessons and also writing a novel as well as playing the piano and also doing my regular housework. And as much as I like mylot cannot see me being on here for hours at a time. Wlonder where all that extra money is going to. It certainly is not winding up in our bank accounts.