What is the Money Market?

EXACTLY WHAT IS THE MONEY MARKET? Definition – Marketplace for short-term debt investments, such as banker’s acceptances, commercial paper, repos, flexible certificates of deposit, and Treasury Bills with a maturity of one 12 months or less and frequently 30 days or much less. Money market securities happen to be generally very safe assets which return … Read more

High Yield Money Market Accounts

High Yield Money Market Accounts: What are they? A high yield money market account or a MMA is a very premium account or a savings account with high interest. It is a deposit account which is offered by most banks where the deposits are invested in various government and corporate securities. You could also check money … Read more

Best CD Rates in 2016

The most beneficial CD rates largely be based upon how long you’re prepared to have your money tangled up. As of January 2016, the average one-year CD monthly interest is 0. 27%, based on Bankrate. But rates are volatile, get current rates using the tool below. It gave me a 1-year CD using a $2, … Read more

Best High-Interest Savings Accounts Online 2016

If the low yields with savings accounts for your brick-and-mortar bank have you searching for other choices, you’ll be very happy to know you may still find plenty of high-interest savings accounts online. As you move the interest from your current savings won’t always be funding your old age, it can still increase, particularly on … Read more