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Yes, deposit as much as you want, but in the current market, I advise you to keep it modest.

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Wiki User

14y ago

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Related Questions

Is share money deposit a part of equity?

A share money deposit is a part of equity. These are considered equity shares, and are long-term profit-invested deposits geared toward to stockholders of a company.


Can I deposit money into my credit card account?

No, you cannot deposit money into a credit card account. Credit cards are used to borrow money from the card issuer, not to deposit funds like a bank account.


How can I use a credit card to deposit money?

You can use a credit card to deposit money by transferring funds from your credit card to your bank account or by using your credit card to make a cash deposit at an ATM that accepts credit card deposits.


Is obtaining either a home equity loan or a home equity line of credit based on your credit score?

I cannot think of any time when borrowing money that credit is not a considerable factor. So, yes, your credit score is a factor when borrowing money for either a home equity loan or a home equity line of credit.


Can you deposit money onto a credit card?

Yes, you can deposit money onto a credit card by making a payment towards the card's balance.


When you deposit money to 1 account is it a debit or a credit?

it is a credit. Depositing money into an account is putting money in.


What is the home equity loan and line of credit?

The home equity loan is a way to release the equity of your home in order to borrow money. A line of credit is a phrase used for a method of obtaining credit.


What is share money?

Share deposit money refers to checks that can be paid on demands. Letters of credit can also be deposit money.


Does a home equity line of credit need to be FDIC insured?

FDIC insurance covers bank deposits, not home loans. If you pull money from a credit line and deposit it with a bank, those deposited funds may be FDIC insured.


Can you deposit money into a credit card?

No, you cannot deposit money into a credit card. Credit cards are used to borrow money from a financial institution, and you are required to pay back the borrowed amount along with any interest charges.


Is a deposit a debit or a credit?

A bank deposit slip is used for credit. Credit is an action in which money is deposited into a bank account. For doing so, we need to fill a deposit slip. The deposit slip contains details like the name of the account holder, amount of money deposited, the denominations, date of deposit etc.


What is share money deposit?

Profit reinvested i the company by its share holders is called share deposit money