Jun 20
Money Market mutual funds
Money markets have been around for a long time but until recently the rewards haven’t been that great. For many years they were seen as temporary investment vehicles while waiting for more profitable investment opportunities to come around. Now that returns have jumped close to 3% over the last few years money market mutual funds are becoming a desirable investment themselves. Investing in money market mutual funds means that your money is diversified over CDs, U.S. Treasury securities and debt-obligations. These are generally seen as safe investments with lower but solid return.
