What is the difference between a money market fund and an account?

Answer Money market mutual funds and money market deposit accounts are two types of accounts offered at financial institutions. A money market mutual fund is an investment account, while a money market de... Read More »

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How to Choose a Money Market Fund?

Mutual funds are investment companies that pool together resources, or investment money, from many investors and disperse the resources throughout a broad range of investment vehicles, such as stoc... Read More »

What is a mutual fund&what is a money market?

A mutual fund is a collective investment where the money of many investors is pooled together and managed by a fund manager and his team. Money market can refer to a type of mutual fund, or a type ... Read More »

Why invest in a money market fund?

People invest in money market funds in order to make earnings on relatively small amounts of money beyond what they would typically make in a savings account but without the exposure to risk of oth... Read More »

What is a Prime Money Market Fund?

Prime money market funds provide a way to invest money and earn a monthly dividend. Compared to money market accounts offered by banks, prime money market funds offer a slightly higher rate of retu... Read More »