Ask Terry Questions Money market

Money market

By Terry Savage on October 09, 2023 | Chicken Money

I have a money market account and I am wondering if I should move it to cash given with the current economy

Terry Says

Your money market account IS cash — as long as it is under the $250,000 insured limit!!
Why would you give up earning 5% interest to get hundred dollar bills which don’t earn any interest — and make you vulnerable to fire or robbery???!!!!



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