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In 2020, rates on even the best high-yield savings accounts were about 0.50%. Now you can find accounts paying 4% or even more, even though the Fed has already begun to cut interest rates.
Recap of the 10 best investments in 2024. High-yield savings accounts. Long-term certificates of deposit. Long-term corporate bond funds. Dividend stock funds. Value stock funds. Small-cap stock ...
April 29, 2024 at 4:26 PM. shapecharge / iStock/Getty Images. ... High-yield savings accounts are one of the best beginner investments because they’re low-risk, accessible options. You can often ...
9 Best Safe Investments. Here are the nine best safe and low-risk investments: High-yield savings accounts. Certificates of deposit. Money market accounts. Treasury bonds. Treasury Inflation ...
Best investments for beginners 1. High-yield savings accounts. This can be one of the simplest ways to boost the return on your money above what you’re earning in a typical checking account.
Read: 8 Best Cryptocurrencies To Invest In for 2024 Discover: 6 Unusual Ways To Make Extra Money ... Looking back to 2020, the typical high-yield savings account paid less than 1%.