Share certificates are savings accounts that offer the long-term growth potential of stocks or bonds with almost none of the risks.
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A money market account lets you grow your savings by earning more interest while keeping your cash easily within reach.
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If you're looking to diversify your savings strategy, a money market account (MMA) might be just what you need.
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Both money market accounts and share certificates are popular ways to grow savings safely and reliably but are, in reality, very different products.
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Investing during a recession can be challenging as economic uncertainty causes stocks to lose value and real estate prices to decrease. Just because the economy is experiencing a downturn, however, doesn’t mean that you have to wait for better conditions in order to invest. The key is to choose safe investments where your money is protected.
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Share certificates are popular investments that many use to grow their savings. But before you open a share certificate, it’s important to consider both the advantages and disadvantages to make sure it’s the best investment choice for your needs.
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A young couple whether or not certificates of deposit are worth it with a financial advisor.
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