Safe money investing in Greensburg PA includes several options available for those looking for low-risk investments.
Stocks and Bonds
Stocks are higher risk than bonds but can provide an even greater return when the market is doing well. Bonds have less risk, as they are backed by the government or another financial institution, so they usually carry lower returns.
Savings Accounts
Savings accounts typically offer low interest rates, but they are insured by the Federal Deposit Insurance Corporation, so you know your funds will be secure regardless of what happens in the stock market or economy. Savings accounts also offer easy access to your funds.
Certificates Of Deposit (CDs)
A certificate of deposit (CD) is another type of low-risk investment that provides a fixed rate of return over a specified period. Insured by the FDIC, CDs require you to leave your funds untouched until the end date to get the highest returns.
Safe money investing in Greensburg PA allows anyone interested in investing to do so without fear.