In the current global situation, gold has become a real liberator. Reports show that many investors have changed their assets into gold. It shouldn’t be surprising because the yellow metal is regarded as the most promising investment these days. It not only offers higher returns of profit than other forms of investment but it’s also more or less risk free. In the last few years, gold has created outstanding earnings; its value has increased by 140 per cent.
Interest rates are one major reason why people continue to move their money out of a checking account and keep the balance low. In general, checking accounts do not give a lot of interest to the clients of the bank. Alternatives include the savings account, certificates of deposit, and stock securities.