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"What is a money market fund account"? |
"What is a money market fund account"? Its an investment account at you can draw from like a checking account... Good thing we have spammers here. A money market fund is a very conservative investment which invests in short term securities. It pays interest like a savings account, but usually a bit higher. Money market funds are usually not covered by Federal insurance. But in the entire history of money market funds, not one has ever lost a penny, not even during the Depression. It is a good place to keep money that you will need in the short term but is a lousy long-term investment. normally it a fund that a broker uses to let and individual park money in while the investor is thinking of what to do with unearned money that he has received from his investments -- you can also use it as a checking/saving account -- but remember not all money market funds are FDIC insured!!! |
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Check out Bank Rate www.bankrate.com ...There may be no difference. However, a money market fund typically invests in fixed income securities like government bonds, mortgages, CDs, and corporate bonds in this country. An internatioal fun... If you don't have a good idea of where the market is going, then sitting on the sidelines is a good answer. I prefer to see a market direction to invest in. Capitol preservation is key. N... 20 to 40, 20 to 40 or..........20 to 40 to 80 to 160 to 320. keep it in there and it will compound. ...money market- are the short term fixed income securities, which is: Treasury bills, that is very liquid, they are trading in big denominations, its zero-coupon bonds. Money market Fund means that ... Money market funds can have some losses too. Because these funds invest in various AAA securities and other financial insitutions, both of which are turning out to be a lot less secure than the ra... Hello, Rates on money market mutual funds will go down if the Federal Reserve lowers interest rates on September 18th. However, there may be a lag between the Fed action and the lower rates. S... "Funds" are not bank products (even if sold at a bank) and are not FDIC insured. Money market "accounts" are bank accoutns and are FDIC insured. ... |
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