Sentences with phrase «percent in a money market account»

As a general rule of thumb, a person retiring in 15 years, with low tolerance for risk should invest approximately 50 percent of their money in the stock market, 40 percent in bonds and 10 percent in a money market account.

Not exact matches

Put aside 5 - 10 percent of your net take - home pay — even if it's just $ 50 or $ 100 — in a mutual fund, ETF or money market account that will grow month to month.

In addition, the money market account imposes a 1 percent cross border and / or currency conversion transaction fee.

As of this writing, the interest rate on a Bank of America money market savings account in California is point zero three percent.

But when you add in money market and other low - interest - bearing accounts, they actually hold an average 63 percent.

Taking taxes into account, the market would have to fall 25 percent in a year for your 401 (k) contribution to lose money.

You hold cash (money market) in your account so you can use it when needed, so you don't want more than a couple percent held inside your mutual funds (5 % tops).

For example, Vanguard, which has the lowest fees in the industry, has an average expense ratio of 0.14 percent on its money market funds, a $ 20 annual fee on accounts with less than $ 10,000 and requires a $ 3,000 minimum investment.

Depending on how much money you have saved in a SunTrust account, you can earn up to a 25 to 50 percent bonus on your earnings if you deposit cash rewards into a SunTrust checking, savings or money market account.

As of this writing, the interest rate on a Bank of America money market savings account in California is point zero three percent.