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  2. How do certificates of deposit work? Understanding CDs ... - AOL

    www.aol.com/finance/how-do-cds-work-220139365.html

    Due to their fixed terms and low deposit requirements, CDs can offer significantly higher interest rates when compared to traditional savings and checking accounts — up to 10 times more than the ...

  3. As prices rise and rates fall, my high-yield savings still ...

    www.aol.com/finance/are-high-yield-savings...

    How do high-yield savings accounts work? Banks use your deposits, including those in high-yield savings accounts, to fund the loans they give out. Your bank earns interest from these loans and ...

  4. High Yield Saving Accounts: How They Work and Why You ... - AOL

    www.aol.com/high-yield-savings-account-why...

    High-yield savings accounts work in a way similar to how standard savings accounts do. You deposit your savings and then the bank pays you interest according to the account terms.

  5. Securities account - Wikipedia

    en.wikipedia.org/wiki/Securities_account

    A securities account, sometimes known as a brokerage account, is an account which holds financial assets such as securities on behalf of an investor with a bank, broker or custodian. Investors and traders typically have a securities account with the broker or bank they use to buy and sell securities.

  6. Best compound interest investments - AOL

    www.aol.com/finance/best-compound-interest...

    One of the primary advantages to high-yield savings accounts is that you accrue interest while still having the safety and FDIC insurance (up to $250,000 per account) of a traditional savings account.

  7. Sweep account - Wikipedia

    en.wikipedia.org/wiki/Sweep_account

    A sweep account combines two or more accounts at a bank or a financial institution, moving funds between them in a predetermined manner. [1] Sweep accounts are useful in managing a steady cash flow between a cash account used to make scheduled payments, and an investment account where the cash is able to accrue a higher return.

  8. Separately managed account - Wikipedia

    en.wikipedia.org/wiki/Separately_managed_account

    In the investment management industry, a separately managed account (SMA) is any of several different types of investment accounts.For example, an SMA may be an individual managed investment account; these are often offered by a brokerage firm through one of their brokers or financial consultants and managed by independent investment management firms (often called money managers for short ...

  9. What is a money market account? An often overlooked way to ...

    www.aol.com/finance/what-is-a-money-market...

    A money market account is a type of interest-bearing account that combines the strong rates of a high-yield savings account with the features of a checking account. MMAs offer rates of 4.5% APY or ...

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