Savings accounts are interest-bearing deposit accounts held at a financial institution or a bank. These accounts typically fetch you a modest interest rate. Their reliability and safety make them an excellent choice for parking cash required for short-term and long-term needs. Unlike other investment options, the savings accounts are federally insured.

The  country’s health insurance  industry is a complex mix of private, public, non-profit, and for-profit insurers. Private insurance is the most significant entity offering health coverage, mainly paid for voluntarily by employers. The governments provide health coverage to some specific sections of society. Since healthcare in the country is expensive, it is highly recommended that the residents opt for the right insurance policies.

Every car owner needs vehicle insurance, irrespective of whether they use the car, park it in their garage, or give it to a friend. Most states make this insurance mandatory by law. However, getting it can be tricky if this is your first time, as it involves learning about various coverages and other concepts.

There are currently over 2,000 ETFs in the market with a market capitalization of more than $2.3 billion. ETFs or exchange-traded funds are divided into 13 categories depending on the cost of ownership. They range from funds that track stocks to large cap, small caps, emerging markets, in specific areas of the world, and specific industries.

ETFs – or Exchange-traded Funds – are an investment that is traded on the stock exchange like any other stock. They hold stocks, bonds, commodities, etc. by operating through the arbitrage mechanism keeping the price close to the net asset value. They are also tracked on the index and are attractive due to the low price, tax efficiency, and stock-like features.

Real estate is the oldest form of investing your money. The creation of property rights has helped establish ‘defensible property.’ Since then buying, selling, and making a financial profit has become a popular practice in real estate. There exists a market for all types of commercial and personal properties. You must be wondering which type of property you should invest in.