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types of savings

AB
You receive a monthly summary of your balance, interest earned, deposits etc.statement account
You receive a booklet to record your balance, interest, and deposits etc.passbook account
You deposit money for a set period of timeCD
Smilar to savings account but requires a minimum balancemoney market
This account limited the number of checks that can be written each monthmoney market
Insures your money up to $250,000FDIC
Typically sold at a discount from the face valueUS savings bonds
You're part owner in a corporationshareholder or stockholder
Your receive a portion of the profits from the corp.dividend
Reducing investment risk by putting moeny in several different types of investmentsdiversification
the profit from an investmentyield


H. Frank Carey high School
Franklin Square, NY

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