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It's best to keep it regularly for several years. The longer the cycle, the better

Nowadays, more and more people have spare money in their hands. Of course, in this case, they will consider financial management. For friends with low risk investment tolerance, they generally choose stable investment, in which bank deposit is the choice of many people. In this regard, it was questioned that banks had better keep it regularly for several years. The longer the deadline, the better? Let's find out about it.

At present, the time deposits of banks mainly include three months, six months, one year, three years and five years. Usually, the longer the deposit time, the higher the deposit interest income, so many people will choose the longest time for financial management.

However, as we all know, time deposits are not flexible and cannot be withdrawn with deposit. Therefore, when we choose the deposit term, we must consider whether individuals will use the money within a specific period of time. If there is no plan to use funds in the short term, we can choose the long term, otherwise, we can choose the short term. Generally speaking, many people would suggest keeping it for three years.