In this weeks episode, Mallory and Ricky discuss the pros and cons to Money Market Accounts as they attempt to save for a new car. This also leads them into another discussion about bonds, and the different ways they can use their money to make more money.
Resources:
https://www.nasdaq.com/market-activity/stocks/o/dividend-history
https://www.nasdaq.com/market-activity/stocks/x/dividend-history
https://www.in2013dollars.com/us/inflation/1965
https://www.officialdata.org/us/stocks/s-p-500/1965
https://www.investopedia.com/ask/answers/041015/what-history-sp-500.asp
https://www.investopedia.com/terms/m/moneymarketaccount.asp
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Disclaimer: We are not certified financial planners or advisors, nor are we financial analysts, economists, CPAs, accountants, or lawyers. We are not financial professionals through formal education. We are financially competent and conscious managing our family’s money. The contents of this podcast are for informational and entertainment purposes only and does not constitute financial, accounting, or legal advice. We cannot promise that the information shared on the podcast is appropriate for you or anyone else. When we share a link to products and services, those links may be affiliate links. If you click on any of those affiliate links and make a purchase within a certain time frame, we may earn a small commission. This commission is paid by the retailers, at no cost to you.
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