money market, mutual funds?
does anyone here know of places with better CD rates than INGS direct? 4.40%?
does anyone here know of places with better CD rates than INGS direct? 4.40%?
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Any investors here..?
- Thread starter Jdm_rsx
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HSBCdirect.com has a 5.05% rate. I have an account with them, haven't had any problems yet. They also let me have an ATM card in case I need money quickly. I don't think ING does that.
That's a good rate...I've used DWS Scudder (and it's previous incarnations) for the last six years or so. Their money market account is currently at 4.96%. No ATM card, but I have checkwriting ($500 minimum check).
all of those places listed above is clean? or no problems ever?
anyone here have experience w/ ings direct?
thinkin about to try them out
anyone here have experience w/ ings direct?
thinkin about to try them out
These are two very different instruments.Jdm_rsx said:
In simple terms, a money market is like a savings account and a mutual fund is like investing in stocks.
For long term growth, stocks are a good place to put your money.
For emergency funds, that grow slowly over time, a savings account or money market can be good.