Money Market

Investors attempt to increase returns by putting their money in money market accounts

Investors attempt to increase returns by putting their money in money market accounts

In an attempt to increase the returns investors are putting their money in the money market accounts.  These money market accounts seem attractive due to the competitive rates they offer and also due to the FDIC cover they have.  The interest rates are much better than that offered in a traditional savings account.  This is also in combination with the accessibility to money although limited, but is more like a …

January 12th, 2011


Money market funds at a glance

One of the most popular management of cash or financial tools in the market nowadays is the money market fund. You might have heard a lot of people saying a lot of good things about this kind of fund, it is still important that you do the research yourself and don’t just depend on the hearsays. With the new rules which took effect early of 2010; a change that had …

November 9th, 2010


Recent repos market situation

According to the Bank of International Settlements, an MMF or money market fund is a collection of investment scheme which is invested with short-termed credit but with a guaranteed return of profit. As a strategic step, a money market fund make a repurchase agreement with a slightly higher return compared to buying direct securities. This agreement is called the repos. Simply put, it is a transaction between the institutions wherein …

November 8th, 2010


The effect of the new mmf policy

Money market deposit accounts and Money market fund can be similar in one aspect; they both are invested with short terms with a fixed income investment like the U.S treasury. When we say short terms, we are talking about investments with a maturity of less than a year. Money market deposit accounts and money market funds have higher return interest rates compared to the traditional savings in a bank. They …

November 7th, 2010


The status of the market fund market 3rd quarter 2010

The value of assets from the money market mutual funds have increased by $1.83 billion bringing the total investments to almost $3 billion in just a span of one week. According to the report released by the Investment Company Institute,  a research institute founded by the National Association of  US Investment Companies last September 29, taxable government funds have increased by 0.8% bringing the figure to $827.74  billion while taxable …

November 6th, 2010


1 YEAR
CERTIFICATE OF DEPOSIT

Account Type:

Select Amount:

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ONLINE SAVINGS ACCOUNT

  • No minimum balance
  • Competitive rates, No risk

MONEY MARKET ACCOUNT

  • High rates, Access to money
  • FDIC Insured