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Money market accounts (MMAs) Money market funds (MMFs) Provider. Banks and credit unions. Investment firms and brokers. Insurance. FDIC or NCUA up to $250,000
The Vanguard Federal Money Market Fund invests in cash and short-term securities issued by the U.S. government. The fund aims to provide current income while maintaining a high level of liquidity ...
Vanguard • $0 for self-directed investing• $100 for automated investing• $3,000 for mutual funds ... Are money market accounts or money market funds better for your cash?
Fidelity, for example, provides the Fidelity Government Money Market Fund (SPAXX), yielding 4.94 percent as of Sept. 12, as the default on uninvested cash in brokerage accounts.
The Vanguard Federal Money Market Fund is about as safe as a money market fund can be. It invests at least 99.5% of its assets in cash, U.S. government securities and repurchase agreements backed ...
Money market accounts are savings accounts that often offer higher interest rates than regular savings accounts and often incorporate checking account features, like easy access to cash ...
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