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"Money Market" units are securities which can only ever appreciate in quantity (their value is always exactly $1 per unit). So holding money market units (I forget the precise term, sorry) is like putting money in a savings account, although generally money market accounts grow faster. Right now, yields are pretty abysmal, though.

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Modesta Steuber

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2y ago
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6mo ago

A money market savings account is a type of bank account that typically offers a higher interest rate than a regular savings account. It combines the features of a traditional savings account with those of a money market fund, allowing the account holder to earn interest on their deposits while still having access to their funds. Money market savings accounts are generally considered a low-risk investment option.

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Q: What is a money market saving?
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