Introduction to Deposit Accounts
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Examine the advantages and disadvantages of deposit accounts. They can be valuable tools for the investor, even the investor who also chooses to invest in volatile markets. In addition to studying the basic makeup of deposit accounts, you will be introduced to a form of account called the central asset account. Finally, you will learn how you can use deposit accounts as part of an overall investment approach.
What you will learn
- What Types of Deposit Accounts Are Available?
- What Are the Advantages and Disadvantages of Deposit Accounts?
- What Is an Asset Management Account?
- Using Deposit Accounts in Financial Planning
What do you know?
Introduction to Deposit Accounts
"Money stashed away" is a phrase that summons images of security and prosperity. Deposit accounts were once the investment of choice for most Americans. Although many investors have sought higher returns elsewhere, deposit accounts continue to offer advantages for the modern investor.
Today, competition for your investment dollar has spawned a wide variety of deposit accounts that offer convenience, flexibility, and security for your money. Deposit accounts can be an integral part of your financial planning toolkit.
