Safe Investing with Online Savings Accounts:
The securities market is a roller coaster –changeable and unpredictable. And while the rule of thumb is that the more risk one is willing to take the better returns potential, high duration, high return investment can be precarious. Because investing can be risky you must protect yourself from total instability. Well-researched, planned decisions and an online savings account can help keep risk at an acceptable level while yielding substantial gains in the long run.
Minimize Risk. Diversify.
There is risk involved with any kind of investment. Many forms of investment may not be readily salable on the open market – such as commercial property. Or, there may not be a ready market for your investment and therefore it may take time to sell it. Even more conservative investments such as Certificates of Deposit (CD), mutual funds and bonds similarly have risk as they have time margins for maturity possibly and penalties for early removal.
Furthermore, in today’s highly unpredictable market where the forces that set the price of securities are supply and demand, the valuation of your investments can decline just as quickly as they rise. The same risks apply to real estate, an issue of stock, a mutual fund or a bond. Fortunately, most forms of risk that you may be concerned with – financial risk, market risk, liquidity risk and even inflation risk – can be moderated by forms of diversification.
Money Market Savings Accounts Online: Stable and Gainful
As a smart investor your goal is to minimize risk while maximizing gains. As you search for a reliable, high yield savings account in today’s markets, consider a money market savings account online as a safe option with competitive rates and tremendous value.
An online money market savings account with AmTrust Direct eliminates liquidity risk. Your capital is effectively liquid with an AmTrust Direct Premium e-Money Market savings account, with no minimum balance fees and up to six external transfers per statement cycle. Additionally, maintaining a minimum balance of $1 after initial deposit keeps you eligible to earn interest and, you can link up to six external bank accounts to your AmTrust Direct Premium e-Money Market account, making transferring funds to and from the account online convenient and easy.
You will also notice that Premium e-Money Market account rates are greater than rates offered by traditional savings accounts. In fact, with an AmTrust Direct online savings account, you will get 2.00% Annual Percentage Yield (APY) on your money market rates with the added benefit of compound interest. An Premium e-Money Market savings account online gives you liquidity and no time constraints or penalties for early removal.
AmTrust Direct's Premium e-Money Market account is a solid pick when putting together your portfolio scheme. If you haven’t tried a money market savings account online yet – now is the time. Premium e-Money Market interest rates are quite appealing on just about every front. Moreover, when you choose to open a Premium e-Money Market account online with an established and highly reputable financial institution such as AmTrust Direct, you will maximize your gains safely and with effectively no risk. A Premium e-Money Market account provides liquidity and virtually no penalty for withdrawal is a concept that any shrewd investor simply must take advantage of for their portfolio.
Premium e-Money Market:
$500 Minimum balance to open a new Premium e-Money Market account; interest earned on $1. Standard Premium e-Money Market Tiered Annual Percentage Yields (APYs) are as follows: $1- $149,999.99 is 3.75%, $150,000 or more is 2.00%. If at any time the account balance is greater than $150,000, the entire balance will earn the APY of 2.00% as shown in the tiered schedule. This is an 8-tiered account. At any time, interest rates and APYs offered within two or more consecutive tiers may be the same. When this is the case, multiple tiers will be shown as a single tier. Fees may reduce earnings. Rates may change before or after account is opened. Premium e-Money Market accounts can only be opened with funds not currently on deposit with AmTrust, unless funds are from an existing maturing Certificate of Deposit (CD). Standard Premium e-Money Market restrictions of 6 transactions per statement cycle will apply. Annual Percentage Yields (APYs) are accurate as of foo
New online CD, e-Savings and Premium e-Money applications submitted on a non-business day or after 8:00 p.m. Eastern Time on a business day will be opened and earn interest starting on the next business day. Our business days are Monday through Friday, excluding Federal holidays. See Account Agreement and Schedule of Fees for details about CD, e-Savings or Premium e-Money Market Accounts. Standard Premium e-Money Market and e-Savings restrictions of 6 transfers to third parties, per statement cycle will apply, including ATM and ACH transfers or to accounts held with other financial institutions or which are preauthorized, and/or withdrawals. Exceeding this limit will result in additional fees or closure of account. Not available for business or non-profit accounts. Annual Percentage Yields (APYs) are accurate as of foo
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