Advantages of a Money Market Deposit Account

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Tip 1 - Advantages & Disadvantages of Money Market Accounts

Published: 9 years, 4 month(s) ago | Submitted by Sofia Pevenage | permalink

A money market account, or money market deposit account, is a government-insured bank account that pays relatively high interest rates and provides cash withdrawal privileges. This type of account ...

For further reading: http://finance.zacks.com/advantages-disadvantages-money-market-accounts-2170.html ^[1]

Tip 2 - The Pros And Cons Of Money Market Funds

Published: 9 years, 4 month(s) ago | Submitted by Al Goodwin | permalink

Find out whether stocking your money in these accounts will stand up to the test of time.
Tags: money market,money market fund,money market cash,money market instruments,the money market,bond fund,open money market,money market definition,treasury money market,what is a money market fund,mutual funds,government bond,t-bills,federal deposit insurance corporation

For further reading: http://www.investopedia.com/articles/mutualfund/08/money-market.asp ^[2]

Tip 3 - Personal Finance 101: Money Market Accounts Versus Normal Savings Accounts - The Simple Dollar

Published: 9 years, 4 month(s) ago | Submitted by Hurrikane | permalink

Kathleen writes in with a good question: A lot of personal finance books I read suggest putting your savings - especially stuff like emergency funds - in m

For further reading: http://www.thesimpledollar.com/personal-finance-101-money-market-accounts-versus-normal-savings-accounts/ ^[3]

Tip 4 - Checking Account, Savings Account, CD or Money Market Account? - NerdWallet

Published: 9 years, 4 month(s) ago | Submitted by Anthony Smulders | permalink

+*-It’s all a trade-off between flexibility and yield You probably already have a checking account. It is the most flexible type of deposit account, with few limitations on accessing your…
Tags: credit cards, cd rates, savings, checking accounts, scholarships, airlines

For further reading: http://www.nerdwallet.com/blog/rates/choose-checking-account-savings-account-cd-money-market-account/ ^[4]