
Money market funds vs. money market accounts — Which is better?
Here are the pros and cons of money market funds and money market funds.
Mercedes Barba was a senior editor at Bankrate. Prior to this, she served as a senior editor at NextAdvisor and led the video team at Money.com, where she executive produced a short documentary that received an Emmy nomination. In her free time, she enjoys spending time with her son Luke and two pet dogs.
The key to successful investing is to take action and not let fear or over-analyzing prevent you from taking advantage of the benefits of compound interest over time.
— Mercedes Barba
Start your path to financial success with a well-planned investment strategy.
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Titan is a registered investment advisor that runs separately managed accounts, actively investing your money in a sophisticated portfolio that it designs itself – not the usual run of ETFs used by other robo-advisors.
Zacks Trade might appeal to active traders with its advanced platform and extensive research resources, however its high account minimum, a monthly inactivity fee, and charges for mutual fund trades may not be attractive to new investors.
Lightspeed brokerage focuses on serving active traders with large amounts of trades, and offers benefits like lower prices and access to multiple powerful trading platforms, but it doesn’t prioritize small costs offered by other brokers.