These are accounts offered by banks with the specific purpose being the accruement of interest. Long-term investment of funds gives your capital the chance to ride out short-term stock market fluctuations and instabilities, and increases the chance that your capital will benefit from significant investment returns.
Some advantages of opening Investment Accounts include:
- Possibility for great investment returns
- Ability to invest small or large sums of money
- Long-term investment possible
- Investment managers can monitor and observe the markets to avoid dramatic losses