Investing your money could be creepy especially in this revolutionary economic state. One of the most accepted method to invest your money is via money market accounts. They are mostly a shared fund that you invest in shorter investments.
The goal of money market accounts is to invest while limiting the chance that you have to run into losses due to the market fluctuating. All money market accounts are monitored by the SEC, the Securities and Exchange Commission.
The SEC set out policies in the early 1940's that offer requirements as to how they may be invested. These same policy state that an investors' money market accounts should have a Weighted Average Maturity less than 90 days, and that the funds should be circulated so that no more than 5% is dedicated to one particular issuer.
Some of the most common money market accounts securities are short-term bonds, repurchase agreements, or even commercial paper. The SEC has also stated that all securities must be liquid with a stable monetary value.
A great thing about money market accounts is that they offer the account holder a high interest rate than a traditional bank account. However, it is worth noting that for many money market accounts you might be required to maintain a minimum balance in your account, and you may only be able to have so many transactions throughout a specific statement period. - 15246
The goal of money market accounts is to invest while limiting the chance that you have to run into losses due to the market fluctuating. All money market accounts are monitored by the SEC, the Securities and Exchange Commission.
The SEC set out policies in the early 1940's that offer requirements as to how they may be invested. These same policy state that an investors' money market accounts should have a Weighted Average Maturity less than 90 days, and that the funds should be circulated so that no more than 5% is dedicated to one particular issuer.
Some of the most common money market accounts securities are short-term bonds, repurchase agreements, or even commercial paper. The SEC has also stated that all securities must be liquid with a stable monetary value.
A great thing about money market accounts is that they offer the account holder a high interest rate than a traditional bank account. However, it is worth noting that for many money market accounts you might be required to maintain a minimum balance in your account, and you may only be able to have so many transactions throughout a specific statement period. - 15246
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About author: MoneyMarketAccount-s.com. My teacher, Anne, gives me a good tips on money market accounts, and I'd like to share it with you! It's a brief and straightforward tips on money market accounts. It's a good tips indeed!
