Summary of Money Market Funds
(6 of 6)
Summary of Money Market Funds
Money market funds are a convenient way to invest in short-term, interest-bearing securities. Because these instruments are short-term, money market funds are considered cash equivalents and often have higher returns than bank savings and checking accounts.
Ready to start investing in a money market fund? Here are some ideas to get you started.
Practical Ideas I Can Start With Today
- Research some money market mutual funds.
- Use the services of a broker, such as an online broker, to help me find suitable funds.
What you have learned
- What Is a Money Market Fund?
- What Do Money Market Funds Invest In?
- Safety Concerns about Money Market Mutual Funds
- Ways You Can Use Money Market Mutual Funds
