A high - yield Savings Account serves the purpose of giving back a set interest rate on your savings. Your money is kept safe and is accessible to you want . With online savings accounts like Freo Save , cash management becomes easier, and you get higher interest rates than traditionl savings accounts.
Mutual bonds are a collection of funds from investors for buyng assets like bonds , Stocks , commodities , etc. They are great for investors to diversify their money across different types of investments.
A type of mutual fund, index funds contain stocks of a particular market index like the Nasdaq - 100 or S & P 500 index funds . As opposed to the normal mutual funds that pay to have a fund holding , index funds are cash used to invest in companies of different indexes. This Way, your portfolie is diversified.
Every person who has searched for investing money would come across real estate as one od best ways to invest money . This is becaude buying and selling a property is considered a fixed income source.
In this investment project, you invest in a money market fund where you can buy quality , Short- term , goverment or Bank debts. This Short - term investment plan is great for people who want to expose to market risk.