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When you need the money. Investment options. Potential interest rate. Risk. A year or less. High-yield savings and money market accounts, cash management accounts
SoFi was founded in 2011 as a student loan refinancing company. In 2019, SoFi — , short for Social Finance — expanded into investment services, offering a user-friendly platform to new investors.
A money market fund (MMF) is a mutual fund that pools money from many investors to buy safe short-term investments like government bonds and high-quality corporate loans. Money market funds aim to ...
Here are the best low-risk investments in 2025: High-yield savings accounts. Money market funds. Short-term certificates of deposit. Cash management accounts
Here are some of the best short-term investments for when you want your money to grow but might need access to it soon.
Most CDs compound interest daily or monthly. For short-term CDs of under 12 months, the APY is often very close to the stated interest rate because the effect of compounding is negligible over ...
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