After cashing out my money from Paypal last month, I was contemplating whether to deposit the money into a Fixed Deposit Account in a bank or to invest it in something safer and bears more profit. Ever since one of the largest banks in the U.S. collapsed recently, many people don’t feel secure keeping their money in banks anymore, including me. Many people now prefer to invest their money in more profitable and secure investments like properties or some Monex Precious Metals. I am inclined to do that too but I need to do more reading about investing in precious metals like gold or silver. What about you? Is your money still kept in a bank or have you invested it in something more profitable?
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