The Best Money Market Mutual Funds

Editorial Note: The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by ourIf you are looking to earn more from your cash holdings, money market mutual funds might be the perfect place to invest your cash.

Money market funds can be categorized into three groups: Prime, Government and Tax-free. Prime money market funds are typically invested in short-term corporate and bank debt securities. Government money market funds have at least For example, an investment property has much less liquidity than a savings account, since it would likely require at least a couple of months to sell the property and get the cash. A savings account on the other hand is highly liquid, since a quick trip to the bank is all you need to retrieve your cash.

If this sounds similar to banks’ high-yield savings accounts or money market accounts, it is. The largest difference lies in the ability for yields on money market mutual funds to rise proportionately with interest rates. For example, as interest rates have risen, the yields on most bank money market accounts have stayed relatively flat, while money market mutual fundThis makes money market mutual funds a good place to hold cash and earn some interest.

👍

S

Oh please. Targeted propaganda because you just spent more than you should have. Merry Christmas. IMPOTUS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

14 Fashion Insiders on the Best Strapless Bras on the Market\u201cTo be honest, my favorite strapless bra is no bra, however, when I absolutely have to wear one my go-to is the Commando Bandaeu Bra. It has been a lifesaver one too many times for me. It's the perfect combination of comfort and functional. I actually have three of the same one!\u201d Adrienne Faurote, Powers PR
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Stock market investing strategy of fund managers who beat 97% of peers - Business InsiderA pair of fund managers beat 97% of their peers this year without picking a single stock. They gave us a peek into their unique strategy, and explained how they profit even during sell-offs. I like the progress
Source: BusinessInsider - 🏆 729. / 51 Read more »

Best Stories Of The Decade: “How Donald Trump Shifted Kids-Cancer Charity Money Into His Business”We're republishing our finest work from the past decade. Here, a masterpiece of reporting that systemically demonstrates how Eric Trump, at the direction of his father, the future president, shifted money that was supposed to go to help kids with cancer to the Trump Organization. Forbes. Post me not him lol Why don’t always-Trumpers let this kind of thing sink in? What else? followthemoney
Source: Forbes - 🏆 394. / 53 Read more »