Nov Trends

Money Market? Can you give me a definition of Money Market.

What are money market accounts and how much do they earn? I have a money market account, but can't seem to get enough information on how it all works.

Is there any risk involved in putting money in money market account? I know money market account is not isured by FDIC. I will have about 300K to invest but since the stock market is really volatile right now, I like to start investing slowly. I am planning to put some money in money market account at Vanguard. Their money market account have a slightly higher return. I also want to buy some mutual funds that Vanguard offers in the future. But I am just a little concerned about putting all the money in just one account. Any thought? What kind of risk shoud I think about? Should I go with CD or Bond?

What is better, a money market fund or a fixed interest fund? I am in a 403(b) plan. I don't understand which is better, or when it is better to invest in a Money Market Fund or a Fixed Interest Account. What is the difference between the two and what is the rule of thumb when approaching these investment tools?

What are the differences between a money market IRA and a roth IRA? I opened a money markey IRA, and was going to converit it to a Roth IRA (im 23) and have rolled my $3,500 from my 401K into my new IRA. When will I have to pay taxes on my $3,500 and when will I pay taxes on my new contributions? Im not sure if I should keep the money market, or change to the Roth. Thanks!

What is a typical interest rate on a money market account or a CD in a Norwegian Bank? I am considering moving my liquid assets to a Norwegian bank to hedge against the weak dollar. Does anyone know what a Norwegian money market account or CD pays? (If not, does anyone know what the word in Norwegian for "money market account" is so I can search for it?) If you can please put include a link to a bank or somewhere advertising the rate. Thanks.

What is a CD and what is a money market acct? How are they different from a regular savings? I have some money that I want to put into some sort of a savings. I am confused about all this. Say I put in 10K (for easy #s) into a cd or money market with 4.04% interest how much would it make a month? Could I take the money out or would it have to stay? Could I take out just the interest each month? any info would be great. Thank you

What is one of the best money market checking/savings accounts with the highest interest yield? I currently bank of Bank of America. I am disappointed in their low interest rates and am thinking of switching to a brokerage or mutual fund firm that handles checking and savings accounts as well as retirement funds. Can anyone recommend one that yields a decent rate of return with low fees? I'm also thinking of possibly linking a Capital One 5% money market savings account to my existing accounts. Does that make sense to do?

How does interest work on a money market account? I was thinking about opening a money market account with a lcoal bank who offerse a 3month special rate of 5%. Does that mean I get 5% interest each month for the balance in the account?

What are the penalties or charges for closing a money market account? I want to leave my job and have a small amount of money in an Edward Jones money market account. I want to use this money to invest in my new career. What are the penalties or percentage charged to close my account? Or, am I better off moving the account to something comparable through my bank, if such a thing exists? Thank you!

What is a money market account? Should i consider one of these versus buying a CD? I am considering buying a CD to save for a house. I only need it for two years. Is a money market account something i should be considering or should i stick with my original plan to fund a CD. Thanks for all input!

What are the benefits of having a money market account? Is it just like a personal checking account? What's the difference between a personal checking and a money market?

What is the difference between a savings account and a money market account? I want to open a savings account separate from my checking account to earn a higher interest rate. I keep reading about "money market accounts." What is the different between a savings account and a money market account? What are the advantages/disadvantages to having either one? Thank you! By the way, I do plan on meeting with a banker as soon as the holidays slow down to better discuss my options. I just wanted to see if anyone could offer any quick info or help on here in the meantime! :)

What determines whether a financial instrument is classified as a money market instrument? What determines whether a financial instrument is classified as a money market instrument? And also ... What determines whether a financial instrument is classified as a capital market instrument?

How safe is it to put money into a money market account? I was looking at paypal today and saw that you can put money into a money market account and the current yield is 4.25% Sounds good, what are the problems?

What is a savings account and what is a money market account? How come a money market account (on line) is offered with an average of 4% interest and a savings account so much less? Is doing this on the web makes a difference?

Does a Homeowners Association have to pay taxes on interest earned in a money market account? Our only income is from annual dues. We have been setting money aside each year for resurfacing roads. That money is earning interest in a money market account.

What is the difference b/w a High interest savings account and a money market account? They seem similar from what I read. I have a High Interest account and I'm wondering if I should get a money market account as well to be more diversified and earn more money? I am 22 and don't plan on taking any amount of money out at all for at least 10 years to put a substantial down payment on a house if that helps for 'example' purposes. Thanks.

how do you calculate interest on apy money market? If you have an money market account and it states 4.50 APY, how do you calculate the interest? I received my statement and I they show interest earned less than my calculation. I deposit 10k on the 2nd and another 50 on the 21th of the same month.

Does any body know about money market accounts with Washington Mutual? Does any body know about money market accounts with Washington Mutual? I wanna open one up if it's worth it. I wanted to know the do's and don'ts.

What online payment processors can you use with the money market besides paypal? I use paypal because i can earn from the money market but i want to find a better paymaent processor and still get money through the money market with a different online proceesor that won't freeze my account for whatever reason they decide to

What's the tax rate on dividends from money market mutual funds? I'm trying to figure out whether to put some liquid savings in an on-line savings account on which, based on my understanding, the interest is taxable at the marginal income tax rate .... OR in a money market mutual fund which pays dividends ... what's the tax rate applicable on these dividends?

Can you make an online payment out of your money market account? I have made online payments out of my checking account, but never out of a money market account. So I want to know if this is possible and make sure that there's no fee (that it's not considered a wire transfer). Thanks.

Are there any considerations I should make before placing my money in a Money Market Account? I have about $4,400 I have saved, and wont be needed it any time soon. Would it be wise to place these funds in a Money Market Account? What questions should I ask the bank? Any answers will be appreciated. Thanks!

What the difference between a regular savings account and a money market fund.? i have a friend that keeps telling me to open up a money market fund. why is this better than a savings account. most i see are yeilding over 5%. i was thinking about opening upp a roth ira but he suggested that since im already contributing 12% of my pay to a 401(k) i dont need the roth ira.

Is there a list of money market funds that broke the buck? In recent times, I know Reserve Primary has. A Community Bank MM fund did in the 90's. I have also read that some other funds had their parent companies inject emergency cash to prevent sub-$1.00 NAV's. Is there a list of money market funds that would have broke the buck if their parent's hadn't shored up the funds?

Mutual funds, money market, how much do I need to have to start out? How much do I need to have to start a money market account? How much to purchase a mutual fund? Can I make small deposits into either one of these? I don't have credit cards. I want to invest. I need to know how much you can start out with these two items, and can you make regular deposits. Please no solicitations, I will not reply.

Should I put my 401k funds into a money market right now or ride out the imminent recession? This market sucks! It's getting worse and worse. I'm 28 and I want to maximize my returns. Do I keep contributing and keep my $$$ in my current funds (Contra, Spartan Index, Euro, etc) or transfer it all into a stable value fund or money market?

Is my IRA too conservatively invested in the federal money market fund? My Vanguard IRA. I told them to move the money to where it was invested as conservatively as possible, and they suggested federal money market fund. My wife says that's like stuffing it in a mattress, but I dunno. I don't know much about money, but a conservative investment seems ok, I think. I hope someone out there more knowledgeable than myself will comment on this. Thanks for any help. Thanks, Jacqyln, but I'm sort of looking for a short answer or opinion here. This writer you're suggesting mixes finance and religion? Think I'll pass on that.

Does anyone have any information about a money market accout? I want to open a money market account, but I don't know where, how much to start with, and what are the typical interest rates? Any info will be helpful.

If I deposit 10 checks into my money market savings account, does it count as only 1 of the max 6 transactions? I understand that there are federal regulations that limit transactions into or out of money market savings accounts to a maximum of 6 per month. If someone deposits several checks (let's say 10, for example) at the same time, does that count as only 1 out of the maximum 6 transactions? Or is each check considered a "transaction" according to the regulation? Thanks!

Is there any advantages to a CD over a money market account if they earn the same percentage? For example sake, if I have a 1 year CD, with 10,000 dollars in it, and the rate is 3 percent. And I have a money market account that I have 10,000 dollars sitting in that draws 3 percent interest, is there any advantage to the CD? Why would I want to lock my money up in a CD, when I can just have it sit in an account I can access at any time thats the same percentage? Thanks!

Why do people bother to have regular checking accounts instead of a money market? Isnt a money market basically a checking account with a rate of return?

How bad are the tax penalties for transferring $$$ from stocks to a money market fund? I now have shares in a money market fund within the same mutual fund company where i previously held stocks and bonds. What are the tax implications of this? It is not part of an IRA

Is it safe to have your money deposited in Wachovia's money market account at this time ? Am I risking money ? A month back I had put in money into a money market account of Wachovia that promised 3.5% interest for 3 months. But will it be safe after the taking over by WellsFargo ?

Where is the best place to open a CD or Money Market Account? I'm looking for an insured, legitamite, and high yielding bank or financial institution to invest my money. I'm not looking to invest anything over $5,000. Would I get a better rate in a money market or CD? And where should I get one at? Thanks.

How can I determine the "basis points" or interest on my Money Market account? I just started working at a new company and banking is not my specialty. The owner wants me to determine how many basis points and what the interest rate is on their money market account. Can I find that information on the statement? I'd call the bank but I'm not an authorized user.

What are the risk in a money market account? What exactly decreases an indivisuals principal balance within a money market account? where does this particular account stand in contrast with a CD.Please feal free to foward your oponion on a comparison between Bank of America and Capital One. Which would you bank with?

ESOP transfer to Money Market account tax? I sold shares of my company stock under an ESOP, but transferred it into a money market account in the same fund family. I never collected anything from it. Do I still have to declare it? Does the same apply if the company stock and the money market account are in a 401K?

What is the difference between a bond fund and a money market fund.? Are savings/time deposits considered as money market instruments too?

Are both my certificate of deposit and money market account insured for 100,000 at my bank? I have a cd in my bank account for 40,000 dollars. And I have 30,000 in a money market account. Are these both insured for the entire amount?

Can I open a money market account with my stimulus package? My stimulus is only $600, but I want to open a money market account. Can I open an MMA with only $600? Where's the best place to open an MMA?

What reasons are there to put money into treasury bills, rather than a FDIC-insured money market account? Shorter-term treasury bills are earning ~1% these days. My money market savings account is earning ~3.5%. It's been at this rate, or higher, for years. Since it's FDIC-insured, its credit risk isn't substantially more than that of a treasury bill. And, it's more liquid. So why would someone put their money into treasury bills? Thanks!

Does opening several online money market accounts affect your credit? I have a couple money market accounts already and just recently opened up a 3rd money market account. Then I got an offer today for a higher interest rate elsewhere. Does opening and having numerous of these savings accounts affect your credit?

how does the product market and money market arrive silmutaneously in a given interest rate and income levels? derive and explain geometrically how the product market and the money market arrive silmutaneously in a given interest rate and income levels ?

Should I use a high yielding CD or money market account? I got a 0% apr for the first 12 months credit card. I'm looking to make a little money by maxing the card out and putting it into a high yielding CD or money market account and paying off the debt and keeping the interest earned. Which of the 2 do you recommend? Should I try anything different?

Who would I contact in the state of Al. regarding the loss of money in the money market? I lost money in the money market and I know that there is someone that you can contact regarding your loss, I have tried to find out from several sources only to be led in the wrong direction. I have seen advertisement regarding this matter and I have researched this only to find out that this advertisement was not for the state of Alabama but was for other states, I have also tried contacting some of the Money Management Companies here in my city but it seems that no one know 's who I need to contact. I know for a fact that the people who took such a loss in the money market are getting some of their funds back due to the companies that were handling the stocks and fund's did not have their clients best interest at heart and many people lost a lot of money because of the improper handling of the funds by their investors. I am trying to help my husband out with this due to it was his money that was lost and he is only wanting what is rightfully his. Help him if you can, Please!

Do I have to pay taxes on a money market account where I only earned $28.? I haven't been filing taxes since I am single and do not work. I have gained $28 from having money in paypal. (They automatically give interest gained from a money market) I need to know if I have to file federal income taxes.

If I withdraw money from my 401K and place it in a money market account, will I have to pay taxes on the sum? I am 60 years old and I want to put my savings a safe place. I want to suppliment my retirement income with the interest from a money market account. The problem is: will I be taxed on the lump sum that I transfer from a 401k to a money market account?

What is better a CD Account or a Money Market account? Right now Citi Bank has a really good CD 6 months 5.0%apy or should i do a money Market which i dont know too much about?

Is there any risk involved in putting money in money market account? I know money market account is not isured by FDIC. I will have about 300K to invest but since the stock market is really volatile right now, I like to start investing slowly. I am planning to put some money in money market account at Vanguard. Their money market account have a slightly higher return. I also want to buy some mutual funds that Vanguard offers in the future. But I am just a little concerned about putting all the money in just one account. Any thought? What kind of risk shoud I think about? Should I go with CD or Bond?

What is the best Money Market Account? I currently have a money market account that is returning 5.10% on investment per year. Does anyone know of a better MMA? Details: Internet Money market account. Has check writting ability, atm card, checks, and no monthly service fee. Does anyone know of anything better or of a similar liquid product with a better return?

Why shouldn't the International Bank interfere with the money market? I have a debate in my AP Macroeconomics class coming soon and I need ideas as to why the International Bank should not interfere with the money market. Links to sources would be a great help in addition to the reasons. Thanks in advance.

Why buy a CD when I can put into a high yield money market? I have access to a money market that has been consistently earning 5% and keeps going up. There are NO fees or withdrawal penalties. Should I bother with any bonds or CDs while I have this?

Can you wire money from a swiss bank account to a regular money market account in the USA? I'm asking this because I learned that the Swiss govt. taxes U.S. residents 35% if they invest in U.S. securities from the swiss bank account. But, could you avoid this by wiring the money to a U.S. money market account and then invest in securities?

How does one inject Monopoly money into the money market in order to boost up the economy? The housing woe and credit crunches are getting worse. I'd like to know if it's possibly to inject Monopoly money from the Monopoly game into the money market to help the Fed stimulate the economy since they are not doing a good job 'fixing' the problems we are facing today. I've $10 billions in Monopoly cash that I have no use for at this time.

can I write a check with entire amount off from my Chase Money Market account? Hi, Suppose I have $20K on my Chase MoneyMarket account, but I want to write a check of $20K for paying off my expenses. Can I do that for writing a check with entire amount off from the money market account? Thank you!

Should I reallocate all my funds in my Money Market account into savings due to the bank scare? Feds have decided to do a bailout on investment firms (AIG) and money market accounts but should I keep my capital in the Money Market Fund?

Why would I want a money market over a CD or vice versa? I'm 25 and have been saving into a money market - I have about 15k and should have close to 50k by the end of the year. I get like 2.2% on my savings in the MM. I am most concerned about the security of the funds with the way the economy is. If everyting were to go to hell I want my money to be safe.

Is a money market account like a savings account only with higher interest? Because me and my gf have been trying to save up money for the future. I know banks provide less than 1%apy. Some money market accounts offer over 5% APY. This is a much better rate. What is the difference and what are your feelings towards the two accounts?

20. What is the distinction between the money market and the capital market? Is the distinction real or artifi 20.What is the distinction between the money market and the capital market? Is the distinction real or artificial?

What is better a CD Account or a Money Market account? Right now Citi Bank has a really good CD 6 months 5.0%apy or should i do a money Market which i dont know too much about?

Do you earn more money in a money market or CD? I have some money in a money market it says 5% but I don't think I'm getting that unless it's 5% a year, I thought it was per month. How can I get more out of my money?

What is better a CD Account or a Money Market account? Right now Citi Bank has a really good CD 6 months 5.0%apy or should i do a money Market which i dont know too much about?

Money in a tax free money market mut fun, seeking principal protection, current monthly income, better method? I am looking to retain ownership of principal and no loss to principal value of a million dollars. I also seek current monthly income that could either be tax free or not, but preferably tax free. Wondering if there is a better method than the tax-free money market mutual fund to achieve higher return as rates are low, but still have principal and most importantly current monthly income. I am not looking for an annuity, again ownership of principal. Thank you in advance.

Should I lower my 401K contributions and opt for a savings/money market account? Given the economy, should I lower my 401K contributions and opt for something safer--like a money market or savings account? I current invest 9%. I'm new to my company, so they do not match yet.

Should I pull my money out of the the stock market? I currently have $12k invested in vanguard's total stock market index and vanguard's total int'l stock market index (6k in each). It has been slipping steadily and fears continue to rise.... would it be wise to transfer the money to a money-market or bond or is this most likely temporary... btw, i plan on not touching this monbey for at least 5-10 years.

Are there any money market ETFs or equivalent? My broker pays a very very low percentage on a cash balance. Where can I stash my cash and make money market rates? I need to be able to convert the shares back into cash for trading within minutes if necessary.

How is the Eurodollar used as a money market instrument? I am doing a research report on the Eurodollar and want to know who the primary buyers and sellers are. I am guessing various governments but looking for somthing more in depth. Also, if you have any info on their primary and secondary markets it would be appreciated! I have covered repo agreements and other money mkt. instraments and this is the last piece! Thanks for the help!

Is my money insured in an Edward Jones money market account? If the Edward Jones company would to go bankrupt would my money in a money market account be insured? I realize my other investments are not insured but the money market is just a saving account pretty much. Any ideas?

Calculating Interest Earned on a Money Market Savings? I'm hoping someone may have some feedback on the following. I'm considering opening up a money market savings account with a deposit of $10,000 (ten thousand) that offers a .85% annual percentage yield. What would be the interest earned monthly? Please advise what formula I would use. Thanks so much.

Has anyone ever done the PayPal money market fund? Should I do it? It says ean a return on your paypal balance. When you sign up for the Fund, your PayPal balance will translate into shares of the Money Market Fund, though the function of your PayPal account will not change. You will be assigned shares of the PayPal Money Market Fund automatically, and you will begin to earn monthly dividends. In addition to dividends, you are entitled to participate in events such as shareholder proxy votes. The current yield is 5.04%* Learn more.To sign up instantly for the PayPal Money Market Fund, please enter your Social Security number and Date of Birth below.

Does the yield on a money market fund account for the fund expenses? In other words, when I compare the interest rate on my high yield savings account to the yield on a money market, should I first subtract the money market's expense ratio from its yield?

what is the diffrence between a money market account and a savings account? i want to open a high intrest savings account. or should i go with a money market account. should i go with the highest intrest rate or with a well known name.