__8__Bonds and stocks often have higher returns than savings accounts or EE saving bonds but are more riskier.
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Every type of savings or investment has some risk that the return will be less than needed or expected.Federally insured savings accounts are safe and guaranteed up to $100,000 by the U.S. Government.Therefore, they may have lower interest rates, making __7__it hard to save large amounts of money for college.
__9__You can reduce the risks of these kinds of investments by starting to save early.
Interest refers to the amount what your money __3__earns when it is kept in a savings instrument.
By putting your money in some kind of savings instrument or investment, you can set aside small amount of money __2__ regularly and the money will earn interest or dividends.