Money market funds offer stable returns without the risk
It is very important that you make a clear distinction between money market funds and a money market account. The latter is simply a savings account established in a bank. Basically, the bank account is a special kind of savings plan that offers a higher percentage than your average package.
So, the money market accounts are not considered traditional savings accounts and they are not exactly like taking great risks on the stock market, either. I guess you can equate the money market funds to playing a game of poker knowing that you will leave with at least a few extra dollars.
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Last modified August 14, 2007Author 1343 > has blogged 279 times
