Tag Archives: Experience

Experience With High Interest Online Savings Accounts?

By Increase Savings | Published: October 9, 2009

I’m looking for a high interest online savings account. So far it seems like HSBC Direct has the best rate, no fees, no minimums etc. Seems like a good deal. Just looking for general pros and cons for these accounts – whether there are any negative consequences that I should be aware of especially regarding [...]

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  • Thinking of investing your savings?


    While increasing your savings is good, multiplying your money through smart investments feels great - there are lots of opportunities out there and you can be successful if you're arming yourself with the right information.

    Where to start?

    If you're going to try your luck on the stock market or trading options, first start by learning the basics and delay as much as possible buying real positions. One way of getting hands-on experience with the markets is through online trading - either forex or binary options are good learning grounds and most online brokers offer trial accounts free of charge (if you're wondering what are binary options, 24option.com has very good resources on it, besides offering a free practice account and a wealth of information about binary trading in general). Final warning for the very eager: binary options are exotic financial instruments; real trading involves substantial risk of monetary loss.