Tag: savings account
Money market funds and savings accounts, the key differences
Investing in the stock market has played a key role in helping investors diversify their portfolios. Money Market funds and savings account are instruments used by investors and savers, looking to grow wealth in a risk averse manner.
Compound interest is the reason your small business should save more!
Business liquidity is king, especially in a time of crisis. But small business owners who take an uncompromising approach to their liquidity provisions do a disservice to their long-term sustainability and future growth potential.
Prevent retirement income erosion from rising medical aid costs
It is, statistically, an inescapable part of life that our medical costs and expenses will rise considerably as we become older. Retirees who are drawing down fixed incomes must deal with escalating costs of medical aid and expense shortfalls, creating a significant challenge in coping with erosion of their income at a rate that outstrips the growth of their invested capital.
