Banks and finances seem to consistently be one of the top stories in the news, and the headlines usually aren't good. With so much negative news swaying our thinking, it can be hard work finding the diamond in the rough, the highest money market account interest rates. Like it or not, we all need banks and the services they offer, and working to find the best money market accounts rates can make your banking experience good news, not bad. What is a Money Market Account A money market account … [Read more...]
High Yield Money Market Accounts 2011
High yield money market accounts provide investors with a way to set aside money for emergency needs and to earn a higher interest rate than you will get with a traditional savings account. In the past the interest rates on high yield money market accounts were close to 5% but now it is hard to find anything that is close to 2% as most are less than 1.5% or even 1%. Comparing current money market rates will help you to see what type of options you have and how much the interest rate’s currently … [Read more...]
Money Market Accounts Highest Rates
Money always seems to be on our mind. Either we are thinking about it because we don't have enough or because we are wondering the most effective way into invest our money. Investing in an account with the highest money market interest rates is one way to invest your money and allow you to stop worrying about it. Money Market Accounts Most banks across America offer some type of a money market account. These accounts are set up as an account to help you save money. Money market accounts … [Read more...]
Online Money Market Accounts
The technology of today makes it even easier to access bank accounts and know exactly what is going on with your money. Because of the internet, the variety of banks you are able to choose from has expanded. You don't have to choose a bank just because it is the closest one to you. Most banks offer online accounts and money market accounts are one typical provided to apply for online. What is a Money Market Account A money market account is an account offered through banks as a way to … [Read more...]
Is Your Money Market Account Safe?
Investing is a great way to have money set aside for retirement and a money market account is a great way to earn some extra interest money on your emergency cash fund. Like any investment you need to consider the security of your investment. Is your investment in a money market account safe? The simple answer is YES. Typically money invested into money market accounts will be safe and protected as most of the companies offering them are backed by the FDIC. However money invested into a money … [Read more...]
