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Foreign Currency Time Deposit. Is it safe?


Casey
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Neutral Newbie

Hello brudders here, trying to seek some advice from you guys.

 

Is Foreign Currency Time Deposit safe? relatively low risk?

 

Why do certain countries offer a higher interest like NZ?

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hijack abit... ps ah... not all bank offer foreign currency time deposit for country like india,china etc right?

Edited by Keen
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Neutral Newbie

Buy at low$$ and sell at high$$. If u have extra cash, u can park there to earn high interest. The question is: When is the right time to buy $$.

Do your homework before u buy.

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Neutral Newbie

are there very high changes of losing principle money? or most of the time, u still get some profits but not as high as advertise?

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Neutral Newbie

u see the rates publish everyday by the banks, but are there sites where u can get the charts?

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