With interest rates on this account type still competitive, the returns on a $50,000 deposit may be worth pursuing.
While savings products largely shed yields over the past year, money-market accounts have bucked the trend with averages holding at 0.66% APY over the period, according to the latest government data.
A proliferation of pricing models means top-line numbers move around, frustrating some investors.
An interest rate cut issued in mid-September, while in a relatively small amount, immediately opened new opportunities for borrowers. Previously saddled with high interest rates on everything ranging ...
Young people with a hyperfocused, aggressive approach to life can channel that energy into optimizing their money early on "I think that anybody could do this, but it does require living a bit of a ...
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