Tag: Money Market Funds
High Yield Savings vs. Certificates of Deposit vs. Treasury Bills vs. Money Market Funds
Every dollar that flows into your household should serve a purpose, even if its primary goal is sometimes to sit in an account until you need it. As we become more financially sophisticated, we find ourselves using multiple types of accounts to ensure we are good stewards of our resources. Each account type serves a…
Investing for Interest 118: The Magic of Money Market Funds
As we transition from savers to investors, so should our mindset about the types of accounts we hold. High-yield savings accounts and certificates of deposits are great for building emergency funds and saving for house down payments. However, these accounts are a few steps removed from the stock market. If we want to become major…
