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What else can I help you with?
How do i use Money market saving account?
To use your Money Market Account simply make a deposit. Banks offer these as a high interest savings account with more penalties for withdrawal or check-writing. The goal is to leave your money set and not withdraw it from the account.
What should you think of your savings account as?
money not put to use.
What company offers a Business Money Market account?
Many companies offer business money market savings accounts. Two examples are Chase Bank and Bank of America. Bank of America offers money market savings accounts both for personal or business use.
Does it cost any money to use a forex demo?
There are several places that offer a free trial for a forex demo account. Forex is foreign exchange market trading and should be done with professional guidance.
What kind of bank account millioners use for example what kind of account should i have for keeping 20 million dollars?
Millioners would use a brokerage-based cash management account to keep their money in.
What is money paid for the use of money called?
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
What is the money paid for the use of money called?
Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.
Should you use your extra student loan money to invest in the stock market?
No, not now, not ever. Never, ever borrow money for an investment.
Which best type of account for money you use to pay regular bills?
The best type of account for money you use to pay regular bills is a checking account.
What is withdrawal of bank account?
taking out money from your bank account because you want to use the money.
What is the difference between a money market mutual fund and a mutual fund?
Money Market: Usually reffer to a market where short term meturity securities are traded. short term securities are securities who's meturity period is from one day to less then a year, Money market have minimal risk then capital market. the example of money market instruments are T-bills, Commercial papers, Bank's acceptences and repos etc. Capital Market: reffered to a market where long term meturity securities are traded, securities traded in capital market have meturity period of one or more then one year (defence securities have meturity period of upto 20 years and more). capital market have more risk then money market. the example of capital market securities are bonds and shares etc.
How do you obtain a money market account?
Money market accounts are similar to savings accounts offered by banks and other financial institutions, but which generally require a higher level of deposit - for which the banks pay higher rates of interest. Funds deposited into money market accounts are protected by the Federal Deposit Insurance Corporation (FDIC) or National Credit Union Association (NCUA) to insure that there is no risk of investors losing their funds. The first thing you need to look or consider while choosing or obtaining the best money market account is to look for the best terms and yields for the money. Read the fine print and the terms carefully. Look out for fees or charges, minimum account balance, and penalties in case you don't maintain the min. balance. Consider all these things and call up banks and confirm. Most banks should be able to send the application forms by mail and you can open the account by mail. Some banks also allow to open an account via phone as well.
