Name ________________________________________

 

COMPARING SAVINGS OPTIONS

You will need to print out this worksheet in order to use it. Information may be found by contacting a Financial Institution, consulting bank brochures or newspaper advertisements. Bankrate.com, Best Bank Rates, BanxQuote, and Money-Rates are a few internet sites that you may use to locate information on banking services. Name the Financial Institution and the method used to find information.

TYPE OF ACCOUNT ANNUAL INTEREST RATE *FINANCIAL RISK MINIMUM DEPOSIT/BALANCE **OTHER FACTORS

SAVINGS

PASSBOOK

STATEMENT

      .

CERTIFICATES OF DEPOSITS

6-MONTHS

1-YEAR

5-YEARS

10-YEARS

       

SAVINGS BONDS

      .
MONEY MARKET

a

      .

*IF ACCOUNT IS INSURED OR BACKED BY THE GOVERNMENT

**OTHER FACTORS MAY INCLUDE PENALTIES FOR EARLY WITHDRAWAL, TIME CONSTRAINTS, SERVICE FEES, ETC

 

 

 

COMPARING INVESTMENT OPTIONS

From reading Types of Investments and Basics of Investing links, you should come up with some general answers for interest rates, risk, service charges etc, for stocks, bonds and mutual funds.

TYPE OF INVESTMENT INTEREST RATE FINANCIAL RISK MINIMUM DEPOSIT SERVICE CHARGES/FEES
STOCKS

 

 

     

 

 

.

BONDS

 

 

     

 

 

.

MUTUAL FUNDS

 

 

     

 

 

.

HOME PAGE