Learn about mutual funds. Discover how they work, including NAV, types (index, bond, target-date), pros and cons, and how to ...

The US federal government’s Thrift Savings Plan ended April 2024 with $872 billion in assets serving more than 7 million participants—or one in every 25 workers in the United States. Our series of ...

Recurring deposits are savings schemes offered by banks where you deposit a fixed amount every month for a certain period. ...

Mutual funds have stood the test of time, helping investors to reach their retirement goals for decades. These products, which first came on the scene in the U.S. in 1924, have leveled the playing ...

Money market accounts give you rates of return rivaling high-yield savings accounts, with more flexibility to access your ...

When looking to grow your money, you may come across two low-risk investment options that sound similar but work quite differently: money market accounts (MMAs) and money market funds (MMFs). A money ...

Savings typically refer to the portion of income not spent on immediate expenses and put aside for future use. The primary purpose of savings is to provide financial security and stability, allowing ...

Surplus cash in savings accounts, where rate of interest is around 4%, is a lost opportunity. Invest excess money in fixed deposits, liquid funds or equity funds for better returns ...