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SunnyJuly 17, 2018


शेयर बाजार हमेशा से जोखिम भरा मार्केट रहा है. शेयरों में उतार-चढ़ाव आम आदमी के समझ नहीं आते. लेकिन, फिर भी इसको जानने के लिए काफी लोग उत्साहित रहते हैं. बाजार की रिकॉर्ड ऊंचाई और लगातार मिलने वाला बड़ा रिटर्न आकर्षित करता है. क्योंकि शेयर बाजार ही एकमात्र साधन है जिसकी मदद से कम पूंजी के जरिए बड़ी पूंजी बनाई जा सकती है. शेयर बाजार लंबे समय से बेहतरीन रिटर्न दे रहा है. जिसकी वजह से शेयर मार्केट को जानने वाले लोगों की डिमांड बढ़ गई है. शेयर बाजार से कैसे कमाई की जा सकती हैं, इस तरह के कई आपके मन में भी होंगे. आज हम आपको उन्ही सवालों के जवाब यूट्यूब विडियो के द्वारा दे रहे हैं. इन सवालों के जवाब आजकल बेहद आसान शब्दों में कई लोग यूट्यूब पर समझा रहे हैं. आइए जानें उनके बारे में:

1. पंकज कामरा: पंकज कामरा भी शेयर बाजार की जानकारी बेहद रोचक अंदाज में देते हैं.  वो अपने चैनल पर बहुत आसान शब्दों में शेयर बाजार में निवेश से लेकर म्युचूअल फंड में कैसे करें, और कहां ज्यादा मुनाफा मिलेगा इसके बारे में समझाते हैं. उनके चैनल पर 1 HindiYouTubers, YouTubers, MusicYouTubers, देसी यूट्यूबर्स, यूट्यूबर्स, शेयर मार्केट, शेयर मार्केट in hindi, share market, share market experts, कैसे कमाएं शेयर मार्केट से पैसे, शेयर मार्केट से पैसे कमाने का तरीकालाख 89 हजार सब्सक्राइबर हैं.

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ये हैं उनके चैनल का पता:  https://www.youtube.com/channel/UCwAdQUuPT6laN-AQR17fe1g2. सुनील मिगलानी: सुनील जी शेयर बाजार में पैसे कैसे कमाएं इसको समझने वाले एक्सपर्ट माने जाते हैं. उनके यूट्यूब चैनल के कुल 2.62 लाख सब्सक्राइबर है. इसके अलावा ये बिजनेस न्यूज चैनल पर भी अपने शो करते हैं.

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ये हैं सुनील के चैनल का पता:

3. नितिन भाटिया: इन दिनों यूट्यूब पर शेयर बाजार से कैसे पैसे कमाए इसके वीडियो काफी फेमस हो रहे हैं. कुछ इस तरीके का यूट्यूब चैनल नितिन भाटिया चलाते हैं. नितिन जी शेयर बाजार, रियल एस्टेट, पर्सनल फाइनेंस, की जानकारी देते हैं.

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नितिन भाटिया के चैनल पर पहुंचने के लिए यहां क्लिक करें:

ये भी पढ़ें:

YouTube पर सीखिए शेयर बाजार की एबीसीडी

#Youtubers से सीखिए म्यूचुअल फंड्स की ABCD

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SunnyJuly 17, 2018


In Assassin’s Creed Origins, earning money and levelling Bayek up quickly are everything, as significant portions of the map are locked out to all the lower level players until later in the game. In this Assassin’s Creed Origins how to level up guide, we’ll be walking you through the best ways possible to level up as fast as you can, detail the Best Abilities to Unlock in the skill tree, while also detailing how to earn money quickly in Assassin’s Creed Origins.

Should you instead need anything else on Assassin’s Creed Origins, including how to get to grips with the base mechanics of the game, as well as everything that’s new in the latest iteration of the series, then head over to our Assassin’s Creed Origins guides walkthrough hub.

Assassin’s Creed Origins – How to Level Up Quickly

Assassin’s Creed Origins employs a brand new levelling system, that hasn’t been seen so far in the series. For the first time, you can level up protagonist Bayek based on the activities and quests you complete, not unlike in other open world games like The Witcher 3, or Horizon Zero Dawn. The level of Bayek governs what weapons and items he can equip, as well as which quests he can or can’t undertake.

Visit the blacksmith to purchase better gear whenever you level up.

So, how can you level up quickly in Assassin’s Creed Origins? For a start, every action you do actually earns Bayek some XP, albeit in varying amounts. Assassinating enemies, or taking them down via a headshot with your bow will earn Bayek a small amount of XP, but it’s undertaking quests that really boosts your character level quickly.

To check on the current quests available to Bayek, you can either pause the game and scroll over to the quests tab of the main menu, or you can head over to the map tab and explore your nearby surroundings, to see if there are any quests that are near the current level of Bayek. Once the quest has been logged in your inventory, you can see how much XP Bayek will earn from completing the quest, so you can ultimately judge whether the quest is worth your time or not, if you’re slightly pushed for time.

But, whenever you find yourself in any enemy camp or fort, you can press down the left analog stick to view the current objectives for the location. These may be to kill the Captain of the fort, or find and obtain the treasure in the area, but completing all the locations for any objectives can actually earn Bayek a decent amount of XP relatively quickly, especially if you’re quick at finding and completing the objectives in a location.

But if there aren’t any quests on the map that are near to the current level of Bayek, then you should make sure to visit your nearest Informant Table (pictured just below), which will be marked on the map by a normal Assassin’s Creed Origins quest icon.

Once you’ve reached the Informant Table, you’ll be able to accept a number of side quests that weren’t previously available to Bayek. These are incredibly useful if you find you’ve hit a slight wall in Assassin’s Creed Origins, and you’re a few levels under the required amount for the next main quest. The Informant Table quests will stay roughly in line with the level of region in which they’re located, so just head to the Informant Table in the region that closest matches Bayek’s level.

Assassin’s Creed Origins Money – How to Earn Money Quickly

Earning money quickly in Assassin’s Creed Origins governs whether or not you can purchase any new gear items from the local blacksmith. You’ll want all the best equipment in order to tackle the more difficult quests in the game, that can task you with taking down elite enemies that are sometimes many levels above Bayek.

In order to quickly earn money in Assassin’s Creed Origins, you’re going to want to loot every location possible in the game. We previously mentioned how you can complete location objectives to earn yourself XP for Bayek, and these location objectives will often task you with finding a treasure chest in the location.

Whereas other, more common items that Bayek can loot will provide you with a small amount of coins, these treasure chests will always give you weapons or other items that you can then sell to the nearest blacksmith for some decent coin. Therefore, we’d recommend that you always check the location objectives whenever you find yourself in an enemy camp or fort, and always use the Animus Scan ability to search your surroundings for any treasure chests.

See those hippos? You can kill them.

You can also kill and loot animal corpses in Assassin’s Creed Origins, and sell any materials you recover from them to the blacksmith, or weaver. Although these at first sell for a relatively small amount, you can purchase multiple abilities in the Seer skill tree so that your animal items sell for more. This method won’t earn you tons of coins at first, but it’s a solid method to remember while you explore.

Assassin’s Creed Origins Skill Tree Guide – The Best Abilities to Unlock in AC Origins

We just mentioned the Assassin’s Creed Origins skill tree, but what are the other useful abilities that you can unlock early on in the game? For a start, you’ll want to decide whether you’re more suited to stealth, or outright combat, and proceed down the Hunter or Warrior skill tree path accordingly.

Skills like increased XP gain for assassinating enemies are incredibly useful if you’re a stealthy player, or increased XP gain for headshot killing enemies with your bow are useful if you’re a little less stealthy. As you can see below, there are a whole host of options for you to choose from in either the Hunter, Warrior, or Seer skill tree path.

But, we’d actually recommend dividing the skill points you earn early on among all three skill tree paths. This is because the abilities that are at the base of each path are fairly essential in Assassin’s Creed Origins, while the abilities that lie at the end of each path aren’t entirely necessary for Bayek.

Just below, we’ve compiled a list of what we believe are some of the best Assassin’s Creed Origins abilities, in no particular order:

  • Regeneration (Warrior) – This passive ability lets Bayek slowly regenerate health even during the heat of combat, so long as he goes unharmed for merely a few seconds.
  • Charge Heavy Attack (Warrior) – This combat ability lets you charge up your heavy attack, so you can actually stun an enemy carrying a shield, even if they are using it to block all your other attacks.
  • Weapon Bearer (Warrior) – The Weapon Bearer ability allows Bayek to equip a second weapon, an excellent tactic for whenever you come up against a particularly difficult enemy that requires a change of tactic.
  • Arrow Retriever (Hunter) – This passive ability will allow Bayek to recover any enemy arrows that are stuck in his shield, a great way for earning back arrows after combat is finished.
  • Eagle Tagging (Hunter) – This ability for Senu allows the eagle to tag any enemies that he comes across while you scan the ground with him, also highlighting points of interest for Bayek to later uncover.
  • Fire Bomb (Seer) – The Fire Bomb ability does exactly what it says on the tin: it lets Bayek throw a fire bomb that continually damaged any opponents caught in the initial blast radius.
  • Salesman (Seer) – Although this might seem like a waste of an ability point early on, the ability to sell trinkets and goods at an increased price will benefit Bayek the more you explore.
  • Sleep Darts (Seer) – The Sleep Darts ability is basically essential if you’d rather knock out an enemy rather than assassinate them.

These might be the best abilities in Assassin’s Creed Origins to start off with, but as you find yourself progressing further and further into the game, you’ll find yourself with more skill points than you know what to do with. At this point, we’d recommend putting the excess skill points into whichever skill tree you end up using more. For example, if you’re more of a stealthy player by nature, then it’s probably best to go with the Hunter skill tree.

This is all you need to know in order to level up, earn money quickly, and unlock the very best abilities early on in Assassin’s Creed Origins.

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SunnyJuly 17, 2018


An impoverished student in central China has taken to selling popsicles at a tourist hotspot to earn money for his college tuition and his family’s medical expenses. The boy needs to sell 7,000 popsicles during his two-month summer break to make ends meet, the local media reported on Monday.

The student, surnamed Zhao, got 520 points in this year’s college entrance exam, 21 points more than the minimum requirement to enrol in a university in Henan province, in central China, according to cztv.com, a video website run by Zhejiang Radio and Television Group.

Education is the best protection for child workers in the Asia-Pacific

Zhao’s father is unemployed due to illness and needs 1,000 yuan (US$149) for medical expenses each month. There is also a younger brother who has just entered the third grade of elementary school.

Zhao’s mother is the family’s sole breadwinner and so Zhao decided to earn money to alleviate the family’s financial burden. He wants to have enough for his college tuition and his father’s medical bills.

Zhao said he came to Yuxi Gorge Scenic Spot in Henan province, two kilometres from home, earlier this month seeking work, but was told he could not get a job as he was under 18.

It was the scenic spot’s deputy manager, Xie Kang, who suggested Zhao sell popsicles in the tourist hotspot.

Xie Kang said that the tourist attraction normally banned peddlers, but he decided to make an exception for Zhao “after learning of his plight”. He wanted to help Zhao become self-reliant.

The office of the scenic spot purchased a peddler cart and popsicle storage box for Zhao.

Zhao said that because of previous press reports he had received 3,000 yuan in donations from the public. However, he appealed to people to stop giving him money.

“These donations put a lot of pressure on me. I hope to earn money by myself,” he said.

Zhao said he could sell over 100 popsicles each day and clear a profit of more than 100 yuan.

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SunnyJuly 17, 2018


A SHOPPING savvy mum has revealed how she makes hundreds from old receipts – and now you can too.

Lynsey Poole said she takes advantage of the deals and offers printed on the bits of paper most of us bin.

 Mum Lynsey Poole has revealed the best ways you can make money from your receipts
Mum Lynsey Poole has revealed the best ways you can make money from your receipts

And speaking to The Mirror Online she reveals just how you can make savings AND earn cash from them too.

Mum-of-four Lynsey, 32, said she is "always looking for ways to make some extra money to help with the household budgeting".

She said: "I end up with loads of receipts.

"It’s great being able to give myself a cash boost just by using receipts that would otherwise be thrown away."

Lynsey now claims to have made hundreds of pounds this year just by uploading receipts to certain apps.

 Lynsey reckons you should never just chuck your receipts away as they could make you hundreds of pounds
Lynsey reckons you should never just chuck your receipts away as they could make you hundreds of pounds

Here's how…

Use apps

Sites like Receipt Hog, Shopprize UK and Shopmium allow you to take get tokens or points.

On some you can cash your tokens with shops like Amazon or with Paypal.

You can also earn referral rewards.

Apps like Topcashback allows you to earn cashback on your food items.

Take advantage of price guarantee

Go to shops that offer a “price guarantee".

Check the back

The back of your receipt may have special offers and deals. Customer satisfaction feedback can also win you cash.

Keep an eye out

Look out for discarded receipts in public places – they may have special deals or can be used on the apps.

Hold onto your receipts

When you make a big purchase make sure you hold onto the receipt – it can save you cash if anything goes wrong later.

We pay for your stories! Do you have a story for The Sun Online Money team? Email us at money@the-sun.co.uk or call 0207 78 24516. Don't forget to join the Sun Money's Facebook group for the latest bargains and money-saving advice.

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SunnyJuly 16, 2018


Do you want to earn extra cash? Do you enjoy watching or sharing videos on YouTube? This is the perfect article for you. Make money online on YouTube in Ghana.

YouTube is a video website that provides easy access to video content from all over the world. Features include watching videos online, live streaming, create and upload your own videos. As much as it is a hobby, others use this platform to earn more than a decent living.

As one of the largest social media platforms ever, it records a stunning ONE BILLION unique visitors in a month. In marketing, people is equal to money. Therefore you have access to one billion potential customers=money per month.

That’s a lot of money and quite easy to make to. Read on to find out ways which you could monetize your YouTube channel.

READ ALSO: Learn how to create a verified PayPal account in Ghana

Ways to earn money on YouTube in Ghana:

  • YouTube ads and sponsored videos

Advertisers may want buy ad slots on your channel if your audience fits their target. Or may even sponsor your channel in exchange for some time on your channel.

  • Affiliate marketing

Affiliate marketing is all about making money on commission. Refer your viewers to sites where they can get products they need. Companies offer deals to affiliate marketers to promote products to their audience.

  • Services and products based around the content you create/offer

Obviously, you definitely know what you are talking about when making those videos (unless you don’t!). Simply offer services if you are a hair vlogger or products if you are a makeup guru. Your market is blooming with each view and so should you!


Make money online

  • Directing traffic to your website

All businesses online need a website to keep things running. A website is similar to an online shop, and just like any other store you need customers. One way to increase your customer base is by referring your viewers to your website. So now your viewers become your customers. The more customers you have, the likelihood of purchase.

  • Email list

Create an email list from your audience base on their interest, preferences and other demographics. Either use this list to create stronger relationship with your audience by suggesting sites of interest. Or you may sell this list to advertisers of products that they may interest your audience.

  • Merchandise

Create your own branded products from the content you put out there. For example, a natural hair YouTuber could start selling branded T-Shirts with pictures of Afro-American icons to earn good money.

READ ALSO: How to apply for a US visa in Ghana

  • Be a STAR!

YouTube stars are definitely a thing now including Instagram models and twitter trolls.

All these ways are possible if you grow a huge audience base on the platform. Be consistent and knowledge about your content. Be honest and open. Avoid racist, hateful or abusive language. And most importantly engage your audience.


One cannot place a fixed cost on how you can earn money on YouTube in Ghana. Remember as stated earlier there are different ways to earn money and that means different uses for YouTube. Translating to different contents put out there. So the cost involved in creating a content would differ from another.


Monetizing your YouTube channel has no fixed duration or time period. How much you earn, where your money is coming from etc. will determine how long before you begin to gain revenue. For example, if you decide to direct traffic to your website, you might earn faster than from YouTube ads.

Online jobs; how to make money on YouTube in Ghana

Earn money online


  • Smartphone/Computer/Desktop


  • Internet service
  • Google account


You need a YouTube channel to get started. Either create a personal channel or a business channel. Your personal channel can be accessed by your through your google account. But a business channel allows for multiple owners

How to set up a personal YouTube channel

  • Go to YouTube (YouTube.com) and sign in.
  • Try uploading a video, try creating a playlist or try posting a comment. This would prompt you to create a channel if you don’t have one.
  • Provide your details. Confirm your google account and photo to create a new channel.
  • You are good to go! Upload your first content.

READ ALSO: How to write a great application letter for internship

Set up a business channel on YouTube

  • Sign in to YouTube
  • If you want to create the channel for an already existing Brand Account, go to your channel list. Select the Brand Account from your channel list. Verify your account. Go to channel manager settings to change channel managers.


  • Click “create new account” to set up a new account. Name your new account and provide other relevant information. Click “Done”. Your new business account is ready to go. Remember to change your manager settings.

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SunnyJuly 16, 2018


Investors could earn significant short-term gains in US and global stock markets using a simple trading strategy around the US Federal Reserve’s monetary-policy announcements, according to research by University of Notre Dame’s Andreas Neuhierl and Chicago Booth’s Michael Weber. The strategy could achieve a substantially higher return than a standard buy-and-hold investment plan, without increasing risk. 

Neuhierl and Weber find gains of about 4.5 percent when investors bought or shorted markets in the roughly 40 days before and after Federal Open Market Committee (FOMC) announcements that ran counter to market expectations. Investors can make money on these “surprises,” even if they did not take positions before the announcements, the findings suggest.

Markets routinely forecast the content of FOMC announcements, which reveal the Fed’s new target interest rates, and usually react when the Fed does not act as expected. An FOMC announcement is an expansionary surprise when its new target rate is lower than the market forecasts and contractionary when it’s higher than expectations. 

Share prices moved predictably ahead of and following both types of surprises, the study notes. Prices began to rise about 25 days ahead of an expansionary surprise, for about a 2.5 percent gain during that time. Before a contractionary surprise, prices generally fell. The researchers find that the movements occured in all industries except mining, where contractionary surprises tended to push share prices higher. 

Share prices continued to drift in the same direction of the preannouncement movement for 15 days, ultimately producing a 4.5 percent difference between share prices after contractionary and expansionary surprise announcements. 

Cumulative market returns on days before/after Federal Open Market Committee policy announcements
CRSP value-weighted index of US stocks, daily closes (1994–2009)

Neuhierl and Weber, 2018

The US policy announcements also affected share prices in foreign markets, according to the research. Share prices in Germany, Canada, France, Spain, Switzerland, and the United Kingdom moved with similar patterns and magnitude around the FOMC surprises.

Even without prior knowledge of the FOMC’s intentions, investors can exploit this drift by buying shares immediately after an expansionary shock and shorting the market when the shock is contractionary, Neuhierl and Weber explain. A strategy that sells those shares 15 days later earns an annualized Sharpe ratio that’s larger by a factor of four than a buy-and-hold strategy. Sharpe ratios measure risk-adjusted returns, with higher numbers indicating less investment risk. 

The study followed FOMC announcements starting in 1994, when the Fed first began to communicate its interest-rate intentions openly, then via press releases. The sample period ended in 2009.

The preannouncement movements suggest that some investors know in advance whether an FOMC announcement will meet market expectations.

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SunnyJuly 16, 2018


This story is associated with Parshuram who belongs to the Treta Yug. This story reveals how King Kartavirya Sahasrarjuna and his army forcibly tried to take away Parshuram’s father’s cow named Kamdhenu.

Parshuram’s father Jamadagni was a Rishi who needed a cow to run his family. So the king gave him a cow, which became the main source of livelihood for the family. The cow gave milk, which was a source of food as well as dung which was necessary for fuel.

But then one day the king comes and says I want the cow back because the cow seems to be giving a lot of milk and has a lot of powers. And the Rishi says, if you take the cow back you are effectively taking away my patronage and my source of income. How will I survive? How will my family survive? How will I do my job as a Rishi?

But the king does not care; he drags the cow away and that is when Parshuram gets angry and he stops the king which results in war. Rishis are supposed to be non-violent. But at this time Parshuram gets very angry. He picks up an axe and attacks the king, hacks off the king’s hand. It is a very violent battle. It leads to a great confrontation between Kshatriyas and the Rishis.

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And that’s the story of Parshuram. The great conflict between the scholars of the period, saying a king’s job is to distribute wealth and not to snatch wealth from other people. And that is the story that you see, the cow being taken away from Jamadagni is essentially a king snatching wealth back. Wealth which is supposed to be distributed. So it’s a violent story but it makes you realise that wealth is closely associated with violence.

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SunnyJuly 14, 2018


हम लोगों में से कई लोग चाहते हैं की हम अपना youtube चैनल बनायें और पॉपूलर हो जाएं लेकिन क्या सिर्फ़ चैनल बनाकर फ़ेमस हुआ जा सकता है. क्या यूटूब चैनल बनाकर हम पैसे कमा सकते फ़ेमस हो सकते हैं. असल में Youtube चैनल कैसे बनाया जाए कैसे ख़ुद को प्रमोट किया जाए इन सबके बारे में न्यूज़18 ने Atta boys से बात की. अट्टा बॉयज़ के शुभम गौर और राजेश यादव बताते हैं कि अगर यूट्यूबर बनना है तो सबसे पहली चीज़ कॉन्सेप्ट और कॉन्टेंट यूनीक होना चाहिए. जितना अलग कॉन्टेंट होगा उतना ही लोग आपको देखेंगे और जुड़ेंगे. आगे उन्होंने बताया कि सिर्फ वीडियो अपलोड कर देने से ही कमाई शुरू नहीं हो जाती. इसके लिए वीडियो व्युज़ ज़रूरी होता है. रिकॉर्डिंग के लिए बेस्ट फोन के बारे में पूछे जाने पर अट्टा बॉयज़ ने बताया कि कैमरा कैसा भी कॉन्टेंट यूनीक होना चाहिए. आगे जो उन्होंने Youtuber बनने के लिए सबसे ज़रूरी बताई वह आप वीडियो में देख सकते हैं.

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SunnyJuly 12, 2018


As per the Puranas, the problem is never wealth itself, but our relationship with wealth. Have you ever wondered how people made money around that time? How is it explained in the Puranic space?

To dig deeper, we can look at Krishna, also called a Gopala. He used to take care of cows, considered as a source of income in Vrindavan. By doing so, he provided a service to his parents. So Krishna was a part of an economic ecosystem. Krishna’s brother, Balaram was not associated with cow herding. He has always been shown holding a plow in his hand called Haladhara, in order to plow the field. So plowing the field was a primary industry. And he has a Musara or a pestle which is used to pound grain. So he was involved in activities that are associated with agriculture. Income could have also been through the land owned by them.

The relationship with wealth is different for different people in the Puranas; Brahma’s son Indra, for example, is always seen chasing wealth. In contrast, Vishnu attracts wealth, and Shiva is indifferent to wealth.

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SunnyJuly 12, 2018


Banks are offering higher interest rates for savings accounts. But you still need to be smart
Globe Staff
Risk-averse people who have the means to sock away some cash are now able to earn a decent guaranteed return from bank savings, money market, and CD accounts.
By Katheleen Conti

For a long time, it hardly seemed worth putting money in the bank. With the country mired in a deep recession a decade ago, the Federal Reserve slashed interest rates to near zero in an attempt to “stimulate” the economy. In recent years — amid jobs growth, healthy corporate earnings, and surging stock markets — the Fed has incrementally raised rates for borrowing. Consumer savings rates, however, have remained stubbornly low.

That’s starting to change. Risk-averse people who have the means to sock away some cash are now able to earn a decent — if not exactly generous — guaranteed return from bank savings, money market, and CD accounts. Some banks and credit unions are aggressively competing for their business with a flurry of promotional rates that can be as confusing as they are enticing. How much money you’ll make can vary widely, depending on where you put it.

“There are lots of options out there and there are sometimes certain qualifications associated with getting the best rates,” said Robert Cozzone, chief financial officer at Rockland Trust Bank. “There may be minimums [on balances], there may be maximums, there may be account opening requirements online or for a certain time at a branch, transaction limits on certain types of accounts, penalties on not keeping money in the account, guarantee periods, and then the rates can be changed. It certainly can be daunting for somebody doing it for the first time.”


But after years of savings interest rates scraping along the bottom at just tenths of a percent, many of these new offers are by comparison quite attractive — as long as savers read the fine print under the big, bold type, and meet all requirements. To earn 1.75 percent annual interest with a savings account at Metro Credit Union, for instance, you will need to maintain a minimum balance of $25,000. To get 1.6 percent interest with a Capital One money market account, the balance cannot go below $10,000.

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Other banks — some of them online-only — have fewer restrictions on savings accounts. CIT Bank, for example is offering a money market savings account with a 1.85 annual percentage yield that can be opened with just $100.

CIT also has one of the most attractive deals for a certificate of deposit — a 2.5 percent yield for just a 12-month term. To earn more than that, you’re probably going to have to tie up your money for a much longer period. One example: Blue Hills Bank is offering a 3 percent yield on a flexible CD, but you’ll have to commit to keeping it for 29 months.

It’s important to remember that unlike deposits made to traditional savings or bank money market accounts, you’ll likely forfeit a good chunk of interest if you need to withdraw your money from a CD before it matures.

“The first question is, what are your liquidity needs?” Cozzone said. “If you don’t have liquidity needs and you want to tie up your funds for a period of time, you can get the best rates.”


But with savings interest rates expected to keep rising — albeit slowly still — some financial advisors caution that locking your money into a CD for a long period may not be wise.

“I wouldn’t go over two years on a CD at this point,” said Bill Driscoll, president of Driscoll Financial in Plymouth. “I expect [savings interest] rates are going to go up a couple of times [in the coming months]. So I think two years is kind of the sweet spot.”

Meanwhile, there’s a wide disparity between rates for savings and money market accounts being offered by traditional and online banks. Goldman Sachs, for instance, is trying to lure customers to its new online savings product, Marcus, with a high-yield rate of 1.8 percent. Bank of America, by contrast, is offering next to nothing — between 0.03 to 0.06 percent — for its various savings accounts, less than the national average savings interest rate of 0.08 percent as of July 9, according to the Federal Deposit Insurance Corporation.

“Generally, it comes down to an individual bank’s strategy around attracting customers,” said Cozzone, whose bank, Rockland Trust, is offering a 2 percent return on an 18-month CD and 1.65 percent for a 12-month term. “If your strategy is to drive new business with a [high] rate, then you will have a different approach than a bank that is looking to gather a long-term relationship with a customer.”

Typically, online savings and money market accounts offer higher rates than traditional banks and are FDIC insured, making them a good option as long as you don’t mind not having immediate access to your money. And because there’s no brick and mortar bank to go to, communications can be frustrating — ask anyone who’s spent an hour going back and forth with a bank representative in an online chat window.


“When you don’t have a local [banking] rep, getting questions answered can be difficult,” Cozzone said.

‘There are lots of options out there and there are some-times certain qualifica-tions associated with getting the best rates.’

Robert Cozzone, chief financial officer at Rockland Trust Bank

An online savings or money market account is “a reasonable choice for people,” Driscoll said. “You can get more in an online FDIC-insured account than you can get in a six-month CD, so why tie up [your money]?”

For the most part, online savings and money market accounts tend to attract younger customers, while longer-term CDs are often a go-to low-risk option for older savers preparing for retirement. Because rates have been so bad for so long, many older savers have taken more risks than they would like — keeping money in mutual funds and stocks to generate income that they once could count on earning from CDs.

“As a group, younger people, in their 30s and early 40s . . . have more debt than financial assets – mortgage, kids, etc.,” said Milton banking consultant Suzanne Moot. “As the kids grow up, you become a net-saver. It is the folks age 60 to 65 and over who tend to have the most puddle of financial assets.”

Regardless of a person’s age, Moot said, now is the time to look into savings options, especially for people who have stayed away the past few years.

“It’s a sign of the health of the banking industry that banks are trying to get more deposits,” Moot said. “I like seeing banks compete for deposits again; that’s a good thing for consumers.”

Katheleen Conti can be reached atkconti@globe.com. Follow her on Twitter@GlobeKConti.

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