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How does the risk of a money market mutual fund compare with that of a savings account?
Wiki User
∙ 9y ago
The risk of a money market mutual fund is similar to that of a savings account. Both are low-risk, slow-growth savings vehicles. Money market funds are viewed as a cash equivalent, similar to a savings account.
Wiki User
∙ 9y ago
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Where is the best place to have a mutual savings account?
A mutual savings and loan is the best place to have a savings account. There are plenty of good and reputable savings and loan banks out there. You can just look for them.
What does near money include?
deposits in savings accounts and money market mutual funds
Is Demat account compulsory for mutual fund SIP Investments?
A demat account is necessary for stock market but not required for mutual funds including SIP. For investing in Mutual funds you need to submit your KYC documents. If you are interested in investing in stock market or mutual funds,
Which of the following does near money include?
deposits in savings accounts and money market mutual funds.
Are mutual funds able to be held in a registered retirement savings plan?
A registered retirement account can invest in stocks, bonds and mutual funds.
Where is the best place to have a mutual savings account?
A mutual savings and loan is the best place to have a savings account. There are plenty of good and reputable savings and loan banks out there. You can just look for them.
Which form of investment has the most amount of risk involved savings account or checking account or mutual fund?
Out of the three options, a mutual fund has the most amount of risk involved. While a savings account and checking account typically have very low risk, mutual funds are subject to market fluctuations and can experience losses. The level of risk in a mutual fund depends on the types of assets it holds, such as stocks or bonds.
Mutual Fund vs Savings Account?
Return rates on mutual funds are traditionally much higher than those on a savings account. Users are however taking more of a risk with mutual funds. The amount of risk can be measured by a number of things - including volatility.
What does near money include?
deposits in savings accounts and money market mutual funds
Is Demat account compulsory for mutual fund SIP Investments?
A demat account is necessary for stock market but not required for mutual funds including SIP. For investing in Mutual funds you need to submit your KYC documents. If you are interested in investing in stock market or mutual funds,
What services does the Chelsea Groton Savings Bank provide?
The Chelsea Groton Savings Bank is a mutual bank. They provide all the services that a regular bank provide, such as savings account, chequing account, mortgages and more.
How much is an account at beneficial savings bank?
To have an account at Beneficial Mutual Savings Bank you need to deposit at least$50. The interest is compounded daily. It has the best rates also. Good place to have an account.
Which of the following does near money include?
deposits in savings accounts and money market mutual funds.
Are mutual funds able to be held in a registered retirement savings plan?
A registered retirement account can invest in stocks, bonds and mutual funds.
How does the risk involved in a money market mutual fund compare with the risk of a certificate of deposit?
The risk of the money market mutual fund is slightly greater than that of the CD
How does the risk involved in a money market mutual fund compare with the risk of certificate of deposit?
The risk of the money market mutual fund is slightly greater than that of the CD
How do money market rates today compare with mutual fund interest?
Mutual funds monies investments are diversified with the intent of the greatest, yet safe, return. The rate of return is predicated on the investments, the market, the economy, etc. Money markets are savings accounts with a set interest rate based on the amount of the deposit. The return is guaranteed.
