Benefits And Drawbacks Of Money Market Funds
Money market funds are a lot like money market accounts and provide investors a little more return for their investment rather than just parking their hard earned money in a standard bank savings account. Money market funds are important pieces of the short-term credit markets and can be an excellent addition to an investor’s portfolio. Money market funds provide investors an great alternative to simply holding cash. They are great short term cash investments. Money market funds are deposit accounts that earn interest by investing in short-term, low-risk investments such as U.S. Treasuries, short-term bonds, certificates of deposit, and other conservative investment products that have very little risk of principle loss. Money market funds are a mutual fund that focuses … Read more