A Teen Guide to Safe-Haven Savings

A Teen Guide to Safe-Haven Savings

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Saving money is one of the best things that young people can do to prepare for the future. But choosing safe investments can be overwhelming for new savers. Should you deposit your money in a statement savings account or purchase a certificate of deposit? What about money market accounts? Are savings bonds safe investments? How do annuities work? This book will answer all of these questions and more. Use it as a guide to make sure your hard-earned money remains safea€”and keeps earning interest.It may be lower than what you will earn with a Series I bond, but you will know exactly how much money you will make the day you invest your money. Both series are now ... Instead of being worth $100 at maturity, however, it will earn interest on top of the initial $100 value. Savings ... The owners of these bonds receive interest payments every six months until the bonds reach full maturity after thirty years.

Title:A Teen Guide to Safe-Haven Savings
Author:Tammy Gagne
Publisher:Mitchell Lane Publishers, Inc. - 2013-09-01


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