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Money market funds vs. money market accounts — Which is better?
Here are the pros and cons of money market funds and money market funds.
The key to successful investing is to take action and not let fear or over-analyzing prevent you from taking advantage of the benefits of compound interest over time.
— Mercedes Barba
Mercedes Barba is a seasoned editorial leader and video producer. Presently, she holds the position of Senior Editor at Bankrate. Prior to this, she served as a senior editor at NextAdvisor and led the video team at Money.com, where she executive produced a short documentary that received an Emmy nomination. In her free time, she enjoys spending time with her son Luke and two pet dogs.
The key to successful investing is to take action and not let fear or over-analyzing prevent you from taking advantage of the benefits of compound interest over time.
— Mercedes Barba
Here are the pros and cons of money market funds and money market funds.
Consider these top brokers if you’re looking to invest in mutual funds.
Looking to earn a decent return with low risk? Consider these short-term bond funds.
Want to make ETFs a part of your investment portfolio? These top accounts may appeal to you.
Money market funds are available from several different brokers and fund managers.
Zero-commission broker Robinhood is a good gateway to the stock market if you've never invested before, but the majority of investors will quickly hit a wall even if the price is right.
Betterment is one of the largest independent robo-advisors, and its wealth of features shows why. It offers two service plans, one with all the core functions (investing and cash management, rebalancing, tax-loss harvesting) and one that takes it up a level with unlimited access to human advisors.
Charles Schwab offers a robust and cost-effective platform that offers something for everyone, from a wide array of commission-free funds to deep research to rich educational resources.
If you're not afraid to dive into the market with both feet, Interactive Brokers is the most powerful and customizable platform available.