There are a number of investment options to choose from out on the market these days. And each of these options has varying degrees of returns and risk potential. Certificates of deposits or CD’s and money market accounts are two types of investment instruments. We shall now discuss the salient features of each of these two types of investments. Security is one such feature which is important to any investor. In both …

Money market accounts have for long been the staple of people who wish to invest their emergency savings. This has always been the trend given the fact that money market accounts tend to offer higher interest rates compared to savings or checking accounts. But with the economic downturn, a lot has changed. Money market accounts now tend to yield just 0.15% to even 0.05% every week at times. But savings back accounts …

A money market account is nothing but a type of savings account that is offered by different financial institutions like banks and credit unions. It is just like a savings bank account, the only difference being that it will pay a much higher potential interest rate compared to a savings account and the minimum balance requirement will also be much higher. It allows only around three or six withdrawals every month. And …

There was a time when money market funds were a safe place to invest and anticipate high returns. But all that has changed. In recent times, customers have started losing money instead of gaining any. Some people who have invested a dollar for every share are now getting just 97 cents, like the case of the reserve primary fund. Such occurrences are rare and this is largely due to the global economic …

Investment options are available in many different forms. Some manage money on a short term while some on a long term. Some offer higher rates of interest with a greater risk factor while others are safe modes of investment although offering lower interest rates. The terms and conditions vary for various vehicles of investment. One must familiarize himself with these options before proceeding to the next step .One of the biggest dilemma …

The world is run by money. We are in a never ending search for various means to make money in the simplest way. Once the funds are acquired the next step that pops to mind is investment. There are a number of schemes where one can invest in hopes of gaining high returns. These investment methods include certificates of deposit, savings accounts, fixed deposits to name a few. One of the basic …

Between money market account and a savings account, the former yields a higher interest rate and return. Another perk is that interest is compounded every month. Compound interest works for money market account. Compound interest can be a complicated term in a mathematical way. The formula can be quite daunting to understand: P=C (1+r/n) nt where P=future value, C=initial deposit, r=interest rate, n=# of times per year interest is compounded, t= number …

Opening a money market account surely requires a number of requirements. The basic requirements are asked in the application form which can be sent by mail or through the Internet. basic information such as name and birthday work address valid identification home address phone number minimum opening deposit required social security number signed account application email address   Banks are also mandated by law to conduct a background check to costumers …

One of the ways to understand the basics of money market account is to understand the terms associated with it. The term “liquid” is used to define MMA. According to the Financial & Investment Dictionary, a liquid asset is “cash or easily convertible into cash” such as “cash, marketable securities and accounts receivable”. A very crude example of a liquid asset is the dollar bills a person has in his pocket.  MMA …

There are actually two types of money market vehicles that are sometimes confused with one another: money market accounts and money market funds. Money market fund and money market accounts both contain the word money market. Both funds invest in short-term investments. Money market fund and money market account are both flexible and highly liquid investments. These investments offer higher rates of return than traditional savings accounts due to the fact that …