According to an analysis by JPMorganChase Institute, more Americans are transferring their money from checking and savings accounts into brokerage accounts, money market funds and CDs in search of higher returns. With total cash reserves rising since mid-2024 and returning to historical growth trends, it’s evident that Americans are seeking ways to grow their funds as inflation remains a concern. If you’re just starting your investing journey, you can turn a modest amount of money into substantial savings ...