Posts Tagged ‘interest rates’

What does a company gain by offering a consumer a CD account or a mutual fund?

These types of accounts (CDs and Mutual funds) are said to have higher interest rates that the account holder can benefit from than a normal savings account , but what’s in it for the company offering the CD or the Mutual fund ?


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$1000.00 in a money market account over one yearwhat would the investment, liquidity, and safety as well as in?

If I invest 00.00 in to a money market account over one year what would the investment, liquidity, and safety as well as interest rates, interest gained, and maturity value be.


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Which bank provides the best Money Market Accounts?

I’m looking into opening a Money Market Account. I hear they have good interest rates and they’re FDIC insured, and its pretty easy to take money from and deposit into the account.

I saw that Nationwide has 3.52% APY on their Money Market Accounts right now. But I heard people complain about Nationwide’s ACH system. What exactly is the ACH system, and why does it matter?

Which bank should I go with for a money market account? Which one has the best service and interest rates? Should I just go with Nationwide?


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What happened in the stock market today?

Today, January 22, 2008 all the news channels were focusing on the stock market a huge risk of recession. They also said that the federal government reduced interest rates. I only saw bits and pieces of the news report. What exactly happened? What was the scare? What did the government do?


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What does a company gain by offering a consumer a CD account or a mutual fund?

These types of accounts (CDs and Mutual funds) are said to have higher interest rates that the account holder can benefit from than a normal savings account , but what’s in it for the company offering the CD or the Mutual fund ?


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When you convert your investment property to primary residence are you required to notify your lender and refi?

What if you convert from primary residence to investment property? Do you have to notify your lender? Do you have to refi?

Aren’t the interest rates different for primary residence and investment properties?


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How exactly does mutual funds work?

Hello, as a beginner investor how do you actually earn money from mutual funds? I heard that it’s not about compounding interest and that it’s about the NAV on the day you wish to withdraw the funds that will determine your profit?

I had a perception that it was like time deposit, that your initial investment will earn interest and interest is added up to your initial investment and it will compound over time only that the interest rates varies every time. This is not the case in mutual funds right or is it?

Can someone enlighten me on this? Thanks.
Note: I know what a mutual fund is at least it’s general idea that it’s composed of diversified investments managed by a fund manager. My question is how do you earn technically? Is it like compounding interest or not?


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