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  2. Money market account - Wikipedia

    en.wikipedia.org/wiki/Money_market_account

    A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. [1] The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.

  3. The pros and cons of getting a money market account ... - AOL

    www.aol.com/finance/pros-cons-getting-money...

    While money market accounts are great for saving and managing your money, it’s important to remember that a money market account is not considered an investment tool, and to build a long-term ...

  4. 8 Investment Ideas to Help Build Monthly Cash Flow - AOL

    www.aol.com/8-great-investments-generate-monthly...

    You can generate monthly income from a wide variety of investments, ranging from ultra-safe but low-yielding savings accounts to the exceptional risk and potential high payouts available to small ...

  5. STANLIB - Wikipedia

    en.wikipedia.org/wiki/Stanlib

    The first unit trust was launched by Guardbank Management Corporation Ltd in 1970. STANLIB's formation was the result of the amalgamation of seven Standard Bank and Liberty businesses in May 2002. [2] The amalgamation of various unit trust ranges followed in 2004. In June 2006, 15 investment franchises were formed.

  6. Savings account - Wikipedia

    en.wikipedia.org/wiki/Savings_account

    The reserve bank has also introduced Basic Savings Bank Deposit Account [5] which has certain limits, but allows customer to start a bank account with no minimum balance. They were not popular among the common man until the 1920s. [6] Savings accounts did not exist at most banks in India for a lot of time.

  7. 13 common bank fees you shouldn't be paying — and how to ...

    www.aol.com/finance/avoid-common-bank-fees...

    SoFi is a bank that offers a combination checking and savings account paying out up to 3.80% APY with direct deposits without monthly account maintenance fees or minimum balance requirements.

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