How to make term deposits work for you

Term deposits are often used as a set-and-forget investment but smart savers take an active management approach to investing in term deposits. Term deposit interest rates change often and the best rates may be available for a short time. A smart strategy is to break up your lump sum into smaller deposits and invest them at different terms. Taking out a range of different length term deposits will help you grab the best rate on the market when it appears. Check out term deposits now at Infochoice.