High-Yield Savings vs. Certificates of Deposit vs. Treasury Bills vs. Money Market Funds: The Power of Choice: 161 (Diverse Entrepreneurs)
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These products exist in different regions of the financial sector, but we can use them in tandem to protect our assets and build wealth. Investing for interest is different than investing for dividends.
These distinctions will help us understand the purpose of using high-yield savings accounts, certificates of deposit, treasury bills, and money market funds. We don’t use these products to make us rich; we use them to protect our principal while earning some income along the way.
Good luck!. .
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