WebJan 9, 2024 · 3. High-Yield Savings Accounts. Target annual yield: 2.10% A high-yield savings account can earn a higher interest rate than a traditional savings account. You can also make penalty-free withdrawals. Most high-yield accounts don’t require a minimum initial deposit or an ongoing balance. WebFeb 9, 2024 · Some of the best types of investments for 2024 include high-yield savings accounts, government I-bonds and well-diversified ETFs. Investors who can afford more risk may also look into...

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5 ways to use your brokerage like a savings account

Web20 hours ago · A high-yield savings account functions in the same way as a traditional savings account, but with one main difference: high-yield savings accounts pay a higher than average APY on deposits ... Web16 hours ago · A high-yield savings account is a type of deposit account that is federally insured through the FDIC (Federal Deposit Insurance Corporation) or NCUA (National Credit Union Administration). It... WebSavings accounts, even the best high-yield ones, offer a relatively low return compared to investment accounts — sometimes even lower than the rate of inflation. “If a savings account has... texas of insurance