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Quick Tips |
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Here's where you can get some quick pearls of wisdom to help you manage your personal financial life. Learn the advantages and disadvantages of mutual funds, what future value calculations are, and how to budget for the holidays. As well as lots of other topics.
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Money Market Mutual Funds |
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Money Market Mutual Funds (MMMFs) are highly liquid funds
that invest in very short-term, very high-quality securities,
such as Treasury Bills, CDs, and Commercial Paper and are
excellent short-term investment alternatives to bank savings
acccounts and money market accounts. MMMFs generally
pay a higher rate of interest than the bank-offered accounts
and are great places to park funds that will be needed in short
order, such as:
- The down payment on a car you will be purchasing soon
- Christmas gifts
- Holiday vacations
- While waiting to invest in the equity market
We have excellent Money Market Mutual Funds available
with no commissions, sales charges, or transaction fees.
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