'If I had known about high-yield savings accounts at the time, I would have definitely opened one over a CD'
In 2018, just two months after I graduated college, I walked into my local bank and opened two certificate of deposit accounts. I had some extra money saved up from jobs and internships throughout my time in college and was hoping to use that money to move out of my parents' house once I got a job.
It was truly the first financially "adult" thing I had ever done, and I thought this money move would put me on the path to immediate financial success. How do CDs work?
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Why startup founders should be wary of corporate strategic investments - Business InsiderThe red flags that should make first-time founders think twice about asking big companies to invest in their startups
Les mer »
Why hiring music majors could be the hottest new trend on Wall Street - Business InsiderThese are the new skills needed to succeed on Wall Street in 2020 and beyond as banking giants embrace the digital age, according to two execs at $2.7 trillion asset manager State Street
Les mer »
Why Twitter is experimenting with a Stories-like feature - Business InsiderTwitter is trialing a Stories-like format in Brazil and via its mobile app, where users share fleeting thoughts through text, photos, GIFs, and video.
Les mer »
Why streaming and delivery services may get a boost from the coronavirusAs more consumers choose to stay at home to avoid the coronavirus, services that deliver home entertainment and food could see a financial boost, experts say.
Les mer »
Why shutting down schools to prevent coronavirus spread could actually make it worseKeeping children out of school could increase the risk that they would infect older people, who are far more vulnerable to the virus, according to one health official.
Les mer »