Money Market

What is the purpose of investing in money market funds?

Money market is a term that people are familiar with by now.  This is an organized exchange of money in which participating individuals borrow or lend huge sums of money for a period of twelve months or less. This is a very efficient form of doing business and works very well for large businesses, banks, governments, and other such financial institutions that have large monetary transactions.  Money markets are also beneficial for …

December 21st, 2010


How do money market mutual funds work?

Money market mutual funds are a good option for those who wish to make a big investment as the returns are good and there is a lot of liquidity in it as well.  Money market mutual funds are slightly different as there is no backing from the federal agencies but the Securities and Exchange Commission or the SEC guards the money invested.  The money is only invested in safe and reliable securities …

December 17th, 2010


Why invest in the money market fund?

People think that the best way to safeguard their money is by opening a savings account. By putting their money as deposit, they can save it for a rainy day, and earn interest too! Of course, aside from the interest rate, people also like the fact that savings accounts are insured by the FDIC so in cases when the financial institution files for bankruptcy, they can get a payback. While it is …

December 15th, 2010


What are the basic things to know about the money market fund?

The money market fund is one of the most popular investment tools among risk-averse investors. Unlike stocks and Forex trading, returns with this investment are guaranteed. Of course, if you’re thinking of investing your hard-earned money, it is important that you do your homework and find out more about the issuing company. Most financial institutions offering money market funds have good reviews, but it is always better for you to see things …

December 14th, 2010


Where can you buy money funds?

If you are looking to earn a good level of profit, then it is a good idea to consider investing in money market funds. It may sound very complicated especially if you’ve never tried it yet. The truth is that it only takes a little familiarization and you can consider yourself a pro. For those who don’t know yet, a money market fund is a group of investment scheme which is typically …

December 13th, 2010


What are the pros and cons of money market funds?

If there is a low-risk investment in the financial markets, it would be the money market funds. Expert investors believe that any type of money market fund has very low risk-reward ratio. Unlike stocks and the foreign exchange market, it does not require a high capital investment. Moreover, it does not need technical tools to take advantage of its high profit potential. Typically, money market funds are short-term, but they offer guaranteed …

December 12th, 2010


What is a money market fund?

Most people think that  money market fund is the same as money market deposit accounts, but the truth is that these are two different types of investments. A money market bank deposit account and a money market fund are similar in one aspect – they are invested in the short term, typically on fixed income investments such as the US Treasury Bills. Both of these accounts mature at less than a year …

December 10th, 2010


What is the difference between money market accounts and savings accounts?

There are quite a few differences between a traditional savings bank account and a money market account. It is true that each have their benefits, but it is possible to understand that the money market account is definitely superior if you have a substantial amount of cash lying around. We shall go over each of the differences between the two options before we come to a conclusion as to which is better. …

November 11th, 2010


How do money market accounts work?

A money market account is an investment option that provides much greater returns compared to a traditional savings bank account. In fact, they provide better returns than a certificate of deposit. Money market accounts have a minimum investment requirement of around $10000. This can vary depending on the type of fund you decide to settle for. They will allow you to withdraw money only around six times a month. If you wish …

November 10th, 2010


How can money market funds replace your savings account?

Before you start reading this article, you need to be aware that it is necessary to have a substantial amount of cash in order to invest in a money market fund. If you do, you can go ahead and look at the reasons why it would be better to invest in a money market account than a savings bank account. The safety that you will derive from a money market account is …

November 9th, 2010


1 YEAR
CERTIFICATE OF DEPOSIT

Account Type:

Select Amount:

Select term:

ONLINE SAVINGS ACCOUNT

  • No minimum balance
  • Competitive rates, No risk

MONEY MARKET ACCOUNT

  • High rates, Access to money
  • FDIC Insured