If you are looking for short-term stable returns, go for money market funds that invest in short-term debt instruments like certificate of deposits or Government Bonds. If you have a low-risk appetite, this type of mutual fund category is a great choice. They are comparatively safer investmen...
The major categories of financial institutions are central banks, retail and commercial banks, internet banks, credit unions, savings and loan (S&L) associations, investment banks and companies, brokerage firms, insurance companies, and mortgage companies. Within a capitalistic economic system, financ...
types of accounts in bank q1 q.1. what is the different type of bank accounts? ans. the different types of bank accounts are – savings account, current account, recurring deposit account, fixed deposit account, demat account, nri account. q2 q.2. what is the full form of demat ...
The types of financial products stockbrokers can sell depend on which licenses they hold. For example, brokers who’ve passed the Series 6 exam may sell mutual funds and variable annuities, while Series 7 brokers can sell additional securities like stocks, bonds, and options. While brokers are ...
Your modified adjusted gross income (MAGI) is slightly different from your adjusted gross income (AGI), but both are key metrics to understand. If you're confused about the difference between MAGI vs AGI, we've got your back. Learn more about how MAGI an
Retirement is perhaps the one savings goal where the time horizon is long enough that you can usually ride out market volatility that’s common when investing in stocks and bonds. Another long-term savings goal might be paying off a large debt, such as a mortgage. These debts require ...
As with other savings accounts, there are different types of Cash ISA. The most common are easy access and fixed, (though you can also get some regular and notice ISAs). An easy access Cash ISA will let you take your money out as and when you want it. A limited access Cash ISA migh...
1. Proprietorship: The proprietorship status of a business is the one where the individual doing the business and the business is one. Usually Proprietroship business is for small scale business and an individual savings account can be used for transactions. Still, for sake of ease and ...
three different types of bonds. Please name one of the types and briefly explain it. Explain how the possible profit and loss possibilities arise for an individual who invests in a: 1. A Call Option: a. Be sure to explain what a Call Option is. b. Be s...
Cash in savings/other bank accounts UGMA/UTMA accounts Stocks and bonds Mutual fund assets The value of 529 plans and Coverdell ESAs Commodities Cash gifts to students, which are counted as student income Assets that are not counted by FAFSA when determining your SAI include: 401(k) and Ro...