Bank Saving Accounts
For someone who plans to save money and look for short-term safe and stable investments vehicles, bank saving accounts are the best option. Other short-term investments include money market mutual funds are viable options, but bank saving accounts are hassle free and easy to operate.
In a bank saving accounts, people earn interest or yield that fluctuates according to general interest rates in the banking industry. Bank saving accounts are backed by the federal government through the Federal Deposit Insurance Corporation (FDIC). This account is best for individuals who are saving for a major purchase or investments.
A variety of bank saving accounts are available in different banks. There are regular saving accounts with no monthly service charges for people who maintain the minimum balance, 55 Plus saving accounts for older people that allow account holders to deposit a certain amount and watch it grow without paying any monthly charges. Money market accounts give account holders higher interest rates fro maintaining a certain balance. Time deposit accounts let account holders earn a fixed rate of interest within a set term that ranges from 7 days to 60 months or more. Students ATM savings gives teenagers the benefit of a bank account with an ATM facility without any regular service charges.
For children, there is a junior bank club where they get in the habit of saving while they earn rewards.
Bank saving accounts offer competitive interest rates, unlimited deposits, and ATM service with unlimited withdrawals facility. The deposits are insured by the FDIC and easy to flow monthly statements for better convenience. Bank saving accounts are the best choice for people saving towards a goal or just wanting to get a good return on their money. .
Ocean?s Bridge $25,000 Art Giveaway Searches for Recipients
Brooklyn-based Ocean's Bridge today announced their intention to give away a total of $25,000 worth of art reproductions for charity auctions and other fundraising efforts. They are appealing to the public to help find those perfect recipients."We want to try and help, in our own small way, the community institutions that are important but often face the greatest challenges in raising the money they need," James Skidmore, Ocean's Bridge Art Director said.Ideal beneficiaries of this first-time charity giveaway are small non-profit organisations and others who are looking to raise funds for a particular purpose, such as schools, hospitals, scholarship funds, and clubs, to name only a few possibilities.Ocean's Bridge requests that all prospective applicants let them know why a donation of artwork would be useful to their particular fundraising activity. Other qualifying criteria can be located on the Ocean's Bridge website at
Ocean?s Bridge $25,000 Art Giveaway Searches for Recipients
Hedge funds > Ocean?s Bridge $25,000 Art Giveaway Searches for Recipients
All-Star Weekend NFL/NBA Celebrity Models Raise Chartiable Funds with Fashions
Houston, TX (ContentDesk) February 18, 2006 -- The highly anticipated 2nd Annual Houston Fashion Weekend kicks off this Friday, February 17, 2006 from 12pm-1pm beginning with a visitation and Pizza Party, with children at the University of Texas M. D. Anderson Cancer Center. The event culminates on Saturady February 18th following a silent auction from 11:30am- 12:30pm. A lavish Glaceau Water sponsored reception and after party follows at the Kasbah, an upscale Moroccan themed venue from 10 p.m.
to 2 a.m. Throngs of international talents from the fashion industry including noted Designers such as Reggie Gillam of Atlantas Inner City Couture will flank the runway. Gilliams blazers, embroidered and hand- painted denim have been draped on Oscar Winner Jamie Foxx and pop icon Usher Raymond. Other designer industry mammoths such as Demarcus Faggins, Ramon Walker, Robert Pack, Antonio Wingfield & others will also be showcased.Sean Florence of Phaparazzi Couture, A Featured Celebrity...
All-Star Weekend NFL/NBA Celebrity Models Raise Chartiable Funds with Fashions
Hedge funds > All-Star Weekend NFL/NBA Celebrity Models Raise Chartiable Funds with Fashions
Faber, Coe & Gregg Selects Trintech?s ReconNET to Increase Efficiency, Reduce Costs and Improve Financial Controls
Trintech (NASDAQ: TTPA; Prime Standard: TTP), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced that Faber, Coe & Gregg, a retailer of sundries, periodicals and paperbacks, has selected ReconNET to automate the verification and reconciliation of bank deposits for its 70 locations. The installation of ReconNET will enable the company to perform daily deposit verification and reconciliation to reduce costs and gain greater reporting and financial controls.Faber, Coe & Gregg, founded in 1848, operates shops offering news, gifts, books, and caf?s in airports, train stations, hotels, office buildings and highway rest stops. Faber specialty shops can be found from Chicago to Miami Beach.
"With ReconNET, we'll have daily verification of our deposits. We won't have to wait until the end of the month to reconcile our accounts," said Burt Friedman, CFO at Faber.
"This tightening of cash controls will reduce our exposure to theft...
Faber, Coe & Gregg Selects Trintech?s ReconNET to Increase Efficiency, Reduce Costs and Improve Financial Controls
Hedge funds > Faber, Coe & Gregg Selects Trintech?s ReconNET to Increase Efficiency, Reduce Costs and Improve Financial Controls
Seven Investment Terms Everyone Should Know
For those who have never given their financial future a second thought, the term "Financial Planning" could be a scary one. Investments can be a smart way to invest money for your future, but it can be confusing for those who have no experience in the financial business. Before you consult a financial planner it is wise to become familiar with some of the terminology that you are likely to hear from him or her.* Mutual Fund-An investment made with money that is collected by individuals with an investment goal in mind. The mutual fund is handled primarily buy a person known as the fund manager. Mutual funds are easy and cost efficient, since you are not responsible for making the decision as to where to invest the money.* Asset Allocation Fund-A mutual fund that incorporates several types of investments such as stocks, bonds, real estate, and foreign stocks.
These are typically for the small investors who want to invest in a variety of funds in order to maintain a constant return....
Seven Investment Terms Everyone Should Know
Hedge funds > Seven Investment Terms Everyone Should Know
Cash For Insurance Annuities
An insurance annuity is an investment instrument sold by insurance companies to the public. The investment insurance annuity may be either a fixed or a variable annuity. If the annuity holder pays a fixed amount to an insurance company, the company in turn pays the annuity holder regular fixed monthly amounts either for a fixed time period or for the lifetime to the annuity holder or beneficiaries.
If the contract has a stipulation of lifetime monthly payments, it is called "annuitization". The company will make monthly payments to holders until their death. If a fixed time period is chosen for the payments, the incomes will only be received until the end of the fixed time period.
The company will invest the amount obtained from the fixed annuities into government securities and bonds having low risk. On the other hand, on some annuities, holders will receive periodic payments depending on the performance of the funds or securities that the company has invested in....
Cash For Insurance Annuities
Hedge funds > Cash For Insurance Annuities
Are you getting the most out of your 401K?
Perhaps a better question would be ? Are you putting in the most into your 401K so you can get the most out of it?First off ? if your employer offers a 401K, run, don't walk to your Human Resources department and immediately sign up for it. You will have to fill out some forms for an automatic withdrawal and have to choose where your investment will be, but it should be relatively painless.You really want to ensure that you are getting the maximum that your employer is giving. All funds differ, so you will have to read the company policy governing yours. But most employers provide some sort of matching. It could be 2% or 3% of your gross pay or it could get a little more complicated.
I had one plan that my employer matched ? of a percent for every percent I put in. So, if I put in 6% of my pay, my employer matched with 3%. If I had only put in 4%, the company would have only put in 2%. Unfortunately, there was a 3% ceiling, so, even though I was investing 10% of my earnings, the...
Are you getting the most out of your 401K?
Hedge funds > Are you getting the most out of your 401K?