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I (19F) will be matriculating into University this August. I have about 16k in my bank account.
As of now, I've been using SCB JumpStart as a way to "grow my money) since they are offering an attractive interest rate of 2%.
I'm considering investing after having $20k in my bank, however, I'm not too certain on that as it is rather new to me. But I'm willing to hold it in the long-term.
Also, if I were to invest in ETFs, do I have to pay taxes?
Thank you!
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It's good question, I always think about it, as I hardly cope with my finances. I'm a nurse student, I have to spend too much time for learning, and I have some irritating things like writing tasks. But for that, I use this company https://www.nursingpaper.com/our-services/nursi... that is ready to help with papers any time. Their customer support service works 24/7, and it's very easy to place an order.
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The SCB JumpStart interest rate of 2% is high, still subtract always inflation rate % to know net in...
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