Banks invest 96pc money in govt papers

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If you are looking for a risk-free way to invest your money and help it grow, the answer might be as close as your local bank. Banks offer a number of investment options, including insured products like certificates of deposit, money market accounts and savings bonds, as well as more volatile choices like stock and bond mutual funds. Choosing the right options for your needs can allow your money to grow without undue risk. Check the Federal Deposit Insurance Corp. This FDIC coverage does not extend to investment vehicles offered by the bank, such as mutual funds and stocks. Always get a clarification on FDIC coverage before investing in any product offered by your bank.

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Banks invest 96pc money in govt papers | Start trading with our invest platform

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Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data. Please be fully informed regarding the risks and invwst associated with trading the financial markets, it is one of the riskiest investment forms possible. Continue with Invet. Continue invrst Google. Ago MRQ. Quick Ratio MRQ. Asset Turnover TTM. Dividend Yield ANN.

BIG Mistake ⁉️ — Investing Through Your Bank

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