(August 26, 2013 at 6:21 pm)pocaracas Wrote: put it in a savings account at ~5% yearly interest rate
On which planet?
I have to profess ignorance on interest rates in other countries. Here, you haven't been able to touch that kind of interest rate in a savings account for a very long time. Nor in a money market, certificate of deposit, or any other account where your principal is guaranteed.