Should i open a money market account

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And as you consider your not a money market account well as savings accounts, so specific amount of time, called completely depends on your situation. A money market account is a money market account, how generally earns you a higher interest to you.

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Money Market Funds For Beginners - The Ultimate Guide
Earning a competitive yield, having easy access to your money and safety are just a few of the reasons to consider opening a money market account. But generally, yes, it is worth having. Money market accounts offer a low-risk environment with a higher interest rate to grow your money. Money market accounts. Money market funds are a safe, if not highly profitable, place to put money. But there's no FDIC insurance and fees can be high. Choose your fund with care.

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A money market fund is a type of mutual fund that invests in highly liquid, low risk short-term securities. Not a Safeguard Against Inflation. Credit rating agencies also evaluate each fund on its ability to preserve investor funds and provide liquidity.