answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How is stock market diversification like putting money in a bank account?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the meaning of online money market account?

An online money market account is basically putting your bank account online that is invested specifically for market. It would typically have higher interest rates for your savings that a typical bank account would.


Is it better to have multiple money market accounts or just one?

Money market accounts are low risk accounts. It gives just a little more return on your money than a savings account but usually requires a larger amount of money to be left in the account. Usually you only need one money market account unless you are putting an extremely large amount of money in, over $250,000.


What is a money market saving?

"Money Market" units are securities which can only ever appreciate in quantity (their value is always exactly $1 per unit). So holding money market units (I forget the precise term, sorry) is like putting money in a savings account, although generally money market accounts grow faster. Right now, yields are pretty abysmal, though.


When you deposit money to 1 account is it a debit or a credit?

it is a credit. Depositing money into an account is putting money in.


How are money market savings accounts different from regular savings accounts?

A money market savings account is a special kind of savings account. Money market account holders receive more money on their return. Money markets are secure.


What you call putting money into the account?

depositing


What is a type of savings account?

money market account


How do I open a money market account over the Internet?

You can open a money market account over the Internet at https://www.zionsbank.com/isavings_info.jsp - . Another good place to opne an account is www.bankofinternet.com/money-market-savings.aspx


What are money market accounts?

Money market account is an account that deal with financial matters in the money markets. Money market account usually requires a higher minimum balance or higher rate of interest in order for one to earn interest on the deposit money.


What is Money put into an bank account called?

to deposit moneyA Deposit is the act of putting money into an account.


What are the advantages and disadvantages of a money market account?

A money market account is like a savings account. The disadvantage is that there will not be much interest or return. The advantage is , subject to the restrictions stated when you open the account, you can quickly get all your money out.


What is best a money market account or savings account?

madhu