Skip to content Skip to sidebar Skip to footer

Money market funds are offering yields that top 5%. Before you invest, here’s what you need to know.

Since interest rates have risen in the past two years, money market funds have become more appealing to investors. Money market funds, which are invested in short-term, safe securities, are mutual funds that closely track the Federal Reserve’s benchmark rate. With interest rates at a more than 20-year high, some money market funds offer yields of around 5%. 

Before you invest, let’s break down what you need to know to determine whether they’re right for you.


Interactive Brokers

Minimum to open an account

Services available
Stocks, options, futures, mutual funds, fixed income, Roth IRAs, and more

Knowledge base available

Read the full article…