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Are high yield bonds a good investment?
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Bonds are rated according to their risk of default by independent credit rating agencies such as Moody's, Standard & Poor's and Fitch. Those with lower ratings have higher risks associated with them that investors should consider. Due to increased risks, these bonds typically carry higher coupon rates. Issuers, such as consumers with less than
What are the main kinds of annuities?
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There are two broad categories of annuity: fixed and variable. These categories refer to the manner in which the investment generates returns. However, within these categories are immediate and deferred payment annuities, for a total of four basic annuity types. Like most investments, the ins and outs of annuities can be somewhat overwhelming for t
What is the saving account scheme at MySavingsDirect?
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1 Answers
You won?t get a flashy website or lots of other banking options with MySavingsDirect, an online division of Emigrant Bank, a large bank based in New York City. But if you?re just looking for a basic savings account with a high interest rate, you'll get 1% APY on its High Interest Savings Account.Even better? You won?t pay any monthly maintenance fe