Hello, so as the title says, I've been saving for around 5 years so I managed to get a substantial amount of money. However, I never invested in anything so this money just sits in a savings account that has an interest rate of 0.05%. I would like to have more growth from this money as this rate is very little and I'm not using this money, or at least I won't be using most of it, let's say in the next 5 years. I must admit I have absolutely zero knowledge about investment or anything related to it for that matter. Meaning that if you could reply like explaining it to a 10 year old will probably work wonders :)
Hope it is enough information, Thank you for your time!
Submitted June 27, 2018 at 10:50AM by gatigos https://ift.tt/2tKmXMv