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?
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Categories: Mutual Funds Tags: 300k, fdic, money market account, Mutual Funds, risk, stock market, vanguard
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.
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Categories: Mutual Funds Tags: money market account