Do you ever wonder why your money grows in banks?  Well it works in a simple way. Whether you are dealing with certificate of deposit or savings account it is always a trend that the longer you allow your money to stay in the bank the higher would be the interest your fund will earn. This is because the money you are keeping in the bank is being utilized for instance being …

Saving is important, particularly because the present world economy is highly unstable. The need to ensure financial sustainability has become top priority for many families, particularly because there is very low job security these days. In response to this growing need, many banking systems have started offering numerous services allowing people earn passive income through their savings. Passive income defined as the money earned through interest rate of the amount people deposited. …

A money market account is a deposit account offered by banks, in which the invested amount is reinvested in corporate paper and government securities, and the investor is paid interest according to the ruling interest rates in the money markets. A savings account is a regular deposit account with low interest. Every individual adult has at least one savings account, but it is also true that a significant amount of investors’ savings …

One of the safest yet most liquid investments available to investors is a money market fund. While they might not give very high returns, they do guarantee preservation of capital and easy liquidity. There are a few things one should be aware of and be careful about while investing in money market funds. Nature of Investment At its core, a money market fund is basically like any mutual fund, where the amounts …

In the amazing range of choices available to a potential investor today, money market funds stand out as safe and secure options offering high liquidity and moderate to low returns on investment. If the investor is not too aggressive in seeking very high returns from his investment, then a money market fund is a good mutual fund in which to park his surplus funds for some time. But like every good thing, …

There are a number of mutual funds that allow investors to get good returns on their investment or preserve their wealth, depending on the risk appetite of the investor. For those who are more interested in safety of capital and preservation of wealth, money market funds offer a very good option to park their surplus funds. Rather than create wealth by buying of selling of shares, these funds invest in low risk …

A money market fund is a mutual fund which invests in safe and secure investment options like corporate paper, government bonds and securities to offer a low return high safety investment vehicle for investors. A CD is a deposit account offered by banks and has a fixed tenure of investment and a certain rate of interest. Although both are traditionally conservative investments, yet there are certain areas in which they differ widely …

Money market account and a savings account differ in small variations. Money market account and savings account are not different like apples and bananas and they are not similar too. The following is the comparison on special characteristics Money market VS savings account. These accounts are offered as long term investments. The rate of interests offered by money market account is generally high when compared to saving schemes. The rate of interest …

Do you ever wonder how your money can grow in banks?  Well it works in a simple way. Whether you are dealing with certificate of deposit or a traditional savings account it is always a trend that the longer you allow your money to stay in the bank the higher interest your deposit can earn. This is because the money you are keeping in the bank is being utilized, for instance, in …

An integral part of financial markets, money market is a term used to describe the borrowing and lending of assets over a short-term. The original maturities involved in it are typically a year or less in duration. Some essential components that enable money markets trading are commercial paper, CDs, treasury bills, short-term mortgages, federal funds, securities that are asset-dependent and bankers’ acceptances. Offering important liquidity funding for systems that include global finances, …