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Are bank interest rates compounded or? Where should I put my

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Anonymous
2016-10-29 18:33:37 Post No. 1592698
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Anonymous 2016-10-29 18:33:37 Post No. 1592698 [Report]

Are bank interest rates compounded or? Where should I put my money so I don't have to think about it and it grows by itself the fastest?

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Anonymous 2016-10-29 18:37:59 Post No.1592701
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Anonymous 2016-10-29 18:37:59 Post No.1592701 [Report]

>>1592698
>Compounding interest in savings accounts
>That outpaces inflation
>In 2016
HAHAHAHAHAHAHAHAHAHAHAHAHAHA!

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Anonymous 2016-10-29 18:41:44 Post No.1592706
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Anonymous 2016-10-29 18:41:44 Post No.1592706 [Report]

>>1592701
What?

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Anonymous 2016-10-29 18:56:06 Post No.1592724
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Anonymous 2016-10-29 18:56:06 Post No.1592724 [Report]

Are they compounded daily or yearly?

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Anonymous 2016-10-29 19:07:01 Post No.1592734
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Anonymous 2016-10-29 19:07:01 Post No.1592734 [Report]

>>1592698
Index fund or robo-advisor. Banks will give you shit rates. My bank gives me 0.8% for my savings account, I might as well put that shit in checking so I can use it for debit.

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Anonymous 2016-10-29 19:17:50 Post No.1592750
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Anonymous 2016-10-29 19:17:50 Post No.1592750 [Report]

>>1592734
Which robo-advisor is the best?

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Anonymous 2016-10-29 23:53:40 Post No.1593037
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Anonymous 2016-10-29 23:53:40 Post No.1593037 [Report]

>>1592724
Interest is calculated daily. Whether the interest is paid (and compounds) monthly, annually, or something else will depend on the terms of the individual account.

Thread posts: 7
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