Put KRW 500,000 a month into a 7% installment savings account in Korea for a year: how much interest comes back? Many people picture 7% of the money paid in, KRW 420,000. With every bonus condition...
Parking Account in Korea: Why an 8% Rate Earns About 2.6% on KRW 10 Million, and When a CMA or Parking ETF Fits
Put KRW 10 million for a year into a parking account in Korea that advertises a top rate of 8%, and even with every bonus condition met the pre-tax interest comes to KRW 255,200, a real rate of 2.55%...
