Our Investments
Investment Name | Type | Risk | Time Horizon | ||
---|---|---|---|---|---|
Mercantile Bank Tax Exempt Savings Account | Cash deposit | Low, Low medium | 01 to 50 years |
We’ve queried our database of tax-free investments and selected ones that match your risk level and time horizon. So using the inputs you gave us on the previous page, we’ve queried our database for products that fit.
If you want to change your time horizon or risk tolerance, please use the investment picking tool again.
Click the i next to each investment for more information about it. You can also click on the “contact me” links to have subscribing investment providers contact you.
Mercantile Bank Tax Exempt Savings Account
Mercantile Bank’s Tax Exempt Savings Account, TESA, is an excellent tool for contributing to financial freedom.
Because the interest earned is tax-free and interest is compounded (there’s interest on your interest), you can amass abundant wealth over a lifetime. Alternatively, you can use TESA to save for large expenses at different points in your lifetime such as tertiary education, buying a house or starting a business.