notes

8 cards·by ellenrbfhs

Characteristic for Savings Accounts

Interest-Earning combines benefits of checking and saving

Characteristic for Money Market

Immediate Access to money

Characteristic for Certificates of Deposit

Restricted access to money

Characteristic for bonds

Has fixed interest rate for a fixed period of time

Characteristic for mutual funds

Individuals buy shares

Characteristic for Stocks

Gain depends on the state of the market

Characteristic for Real Estate

Provides Protection against Inflation

Characteristic for Retirement Plans

A 401(k) allows a person to contribute to a savings plans from a paycheck