Money market funds vs. money market accounts — Which is better?
Here are the pros and cons of money market funds and money market funds.
4 min read
Jul 26, 2023
Mercedes Barba
Senior investing editor
EXPERTISE
- Investing
- Stock analysis
- Retirement
EDUCATION
- Bachelor’s degree in Journalism, California State University, Los Angeles
- Master's degree in News and Documentary, New York University
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
Mercedes Barba is a seasoned editorial leader and video producer. Presently, she holds the position of 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
Mercedes's latest articles
-
What is the average Social Security check?
Find out how much your Social Security payments could grow over time.
4 min read Jun 13, 2024 -
How the Fed impacts stocks, crypto and other investments
The best way for most investors to approach this type of market is to stick to the long-term plan.
7 min read Jun 12, 2024 -
What is an IRA? How they work, types of IRAs and more
An IRA is a type of investment account with tax benefits that can help you save for retirement.
6 min read Jun 07, 2024 -
How to make $100,000 or more and pay no income taxes
Here’s how to earn a six-figure income and pay no income taxes on it – totally legally.
7 min read Jun 06, 2024 -
TradeStation Review 2024
If you're not worried about funds and simply want an affordable and flexible platform for stocks and options, TradeStation has you covered with a low-cost structure and great tools.
May 24, 2024 -
Betterment Review 2024
Betterment is one of the largest independent robo-advisors, and its wealth of features shows why. It offers two service plans, one with all the core functions (investing and cash management, rebalancing, tax-loss harvesting) and one that takes it up a level with unlimited access to human advisors.
May 21, 2024 -
Charles Schwab Review 2024
Charles Schwab offers a robust and cost-effective platform that offers something for everyone, from a wide array of commission-free funds to deep research to rich educational resources.
May 14, 2024 -
Interactive Brokers Review 2024
If you're not afraid to dive into the market with both feet, Interactive Brokers is the most powerful and customizable platform available.
May 13, 2024