Posts Tagged ‘savings account’

Am I better off with a Money Market Account or Savings account?

I have ,000 saved for emergencies. should I put it in a savings account or money market account. tax free or taxable? I’m single and make 0K annually.


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Which banks consistently pay high rates on money market savings accounts? Or, where can I find relevant data?

I want to open a new money market savings account, and I’ve compared current rates at bankrate.com. However, I’d like to put my money into an account that is consistently among the highest rates, even if it is not the absolute highest rate available right now.

Thanks for any information!


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what are the differences of the mutual funds,government funds, index funds and what is the best way to put my?

0 in these funds? should i just buy some stocks with it? i want to make my money grow but putting it in savings account will not gonna make money that much……please help!


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What reasons are there to put money into treasury bills, rather than a FDIC-insured money market account?

Shorter-term treasury bills are earning ~1% these days.

My money market savings account is earning ~3.5%. It’s been at this rate, or higher, for years. Since it’s FDIC-insured, its credit risk isn’t substantially more than that of a treasury bill. And, it’s more liquid.

So why would someone put their money into treasury bills?

Thanks!


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What's the tax rate on dividends from money market mutual funds?

I’m trying to figure out whether to put some liquid savings in an on-line savings account on which, based on my understanding, the interest is taxable at the marginal income tax rate …. OR in a money market mutual fund which pays dividends … what’s the tax rate applicable on these dividends?


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Can your investment representative be cheating you out of your profits?

I invest in mutual funds with a group I will leave anonymous. I just started. I know that mutual funds are like stocks and any other investment there’s a chance you can lose money. However, is it possible the representatives can be storing away any profits that you did make into their account and making it look like you lost money from the investment? If so, I might just go to saving money from the bear market point of view. Savings bonds, Certificate of Deposits, savings account, and any other sure profit investments rather than these unpredictable and shady investments strategies. What do you think? Make money the old fashioned way and just save it?


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what kinds of index funds should I invest in?

And where should I keep my money for emergencies? I want to keep a few grand in a savings account or money market account or something like that, and invest the rest in something aggressive, and from what I’ve read index funds seem the best. Also how much should I keep in my checking account?


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