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Is there a difference between 'mutual funds' and 'money market mutual funds?'? |
....or are they the same thing with just different terminology? money market is sort of like a savings with interest A basic, old-school mutual fund invests in stocks across 80-200 different companies. I have no idea what a 'money market mutual fund' is. I'd have to see the context, ask them for a prospectus and then you can read all about it. Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions. |
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That money is for your retirement and so you should take a really long-term view towards it. That means keep investing in your current target asset allocation. Not even market pros manage to ti... A money market account is normally through a bank and is FDIC insured. A money market fund is normally through a mutual fund or brokerage house and is not FDIC insured. It is still quite safe and... nothing is ever zero risk! first you must understand what is meant by risk. if you keep you life savings in a bank safe deposit box, it will be very safe from principal loss, but if inflation... Value of the money fund at the start of business today. This value is prior day's closing balance plus any subsequent sweep transactions applied to the balance by Pershing's ACAM system d... The question isn't very clear, but I will do my best to answer. There is no such thing as a money market fund in foreign currencies, unless you actually open a foreign money market account ie:... No, ETrade does not offer any MMMF's. They have a variety of cash sweep accounts (by JPMorgan Chase), and a high yielding money market account (Complete Savings) in their banking unit. Their... Financial institutes make money from money markets by keeping your money as long as they can. They limit you to how many times you can withdraw per month and charge you a fee if you go over. ... Think of it as the interest rate that you are getting assuming reinvestment over those 7 days but it's presented in an annual form. So, if the interest rates stayed constant for the whole yea... |
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