UNDERSTANDING FIXED DEPOSITS

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Your investment portfolio must be diversified. Having a good mix of High , Medium Low Risk investment instruments. • A Fixed Deposit is a good way to invest lump sums of money that you will eventually need in the short to medium term. The returns are not as great as other investments, but it is much better than that of a Savings Account. • #LetsTalkMoneyWithCarlton • • Interest Rates in Jamaica • JN - 0.2% - 2.10% • BNS - 0.1251% - 0.65% • NCB - 0.2% - 1.75% • JMMB - 0.75%- 2.75% • Cornerstone Merchant Bank- 1.10% - 3.10% • Sagicor - 0.60% - 2%

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