
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.
A fund with a high expense ratio could cost you 10 times – maybe more! – what you might otherwise pay.
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Financial advisors and wealth managers overlap in some ways, but each offer a number of different services.
If you're not worried about funds and simply want a cheap and flexible platform for stocks and options, Ally has you covered with a low-cost structure and great tools.
Titan is a registered investment advisor that runs separately managed accounts, actively investing your money in a sophisticated portfolio that it designs itself – not the usual run of ETFs used by other robo-advisors.
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.
Lightspeed brokerage focuses on serving active traders with large amounts of trades, and offers benefits like lower prices and access to multiple powerful trading platforms, but it doesn’t prioritize small costs offered by other brokers.