If you are getting extra government IRS tax return cash in the next few months then you may want to think about doing research on money market savings account yields. At the present time there are many money market accounts that are willing to give you a yield above 1.25%.
While money market accounts are not the highest yield you will receive they are one of the safest investments. While the stock market fluctuates up and down you will know exactly what return you are going to get on the money market savings account. If you are risk-averse investor this might be where you want to sink your government IRS tax return.
Pres. Obama and his staff have worked very hard to make sure that Americans receive as much money back in taxes this year as possible. When you finish your government IRS tax return you could find that you get back more money than you expected. If this is the case you want to do something wise with that money.
Something that would behoove many Americans is to invest it into an account that is receiving some type of yield. Putting your money into a money market account could get you a yield as high as 1.5% and this money will be safe.
0 comments:
Post a Comment