To be true, selection of good financial websites can be a bit challenging at times. One of the most obvious reasons; what the experts tell, in this context is that most of the stake holders; who might be called ‘investors’ otherwise, are usually small business owners. Although they have a potential to gain success by proper implementation in the long run, they start from investing a small sum at the beginning. Digging down deeper, we come to know that this group either does not have much amount to invest or does not want to take up a loan, hoping that...
Money Market Accounts The modern savings account in a bank is a horrible investment. Many people looking for alternatives to it end up putting their money in a money market account (MMA) with an investment brokerage or other financial institution. The question is whether this is a good choice or not? How do money market accounts work? Well, it depends on the specific account. Generally, they take the money they receive, pool it and then buy ultra low risk investments like treasury notes. These produce a small, but stable return that beats anything a traditional savings account will produce. Will you get rich from the return? Not a...
