ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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having a savings account, buying stock, buying certificates of deposit
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buying an insurance policy, contributing to a pension fund, buying stock
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buying an insurance policy, contributing to a finance company, buying certificates of deposit
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having a savings account, buying certificates of deposit, buying an insurance policy
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Detailed explanation-1: -While there are several different types of savings accounts, the three most common are the deposit account, the money market account, and the certificate of deposit.
Detailed explanation-2: -The options include traditional savings accounts, high-yield savings accounts, money market accounts, certificates of deposit, cash management accounts and specialty savings accounts.
Detailed explanation-3: -High-yield savings accounts. Series I savings bonds. Short-term certificates of deposit. Money market funds. Treasury bills, notes, bonds and TIPS. Corporate bonds. Dividend-paying stocks. Preferred stocks. More items •01-Mar-2023
Detailed explanation-4: -Savings Accounts. If you have money in a savings account, you receive interest on the account balance, and you can easily get your money whenever you want it. Insured Bank Money Market Accounts. Certificates of Deposit. 26-Feb-2023