All Posts Tagged With: "money market funds"

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Money Market Funds

Most money market funds require a minimum deposit of $1,000 or more. Money market funds allow instant access to your money without penalty when you need to withdraw money, and you have the option of cashing in your shares by phone, mail or through a broker if you select a brokerage-sponsored fund. Most funds [...]

July 19th, 2009 | Debbie Dragon | Comments | Continued
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Short Term Savings: Why Do You Need it, How Much Do You Need, and Where Do You Put it?

Everyone needs to have access to ’short term savings’.  It’s the money you pull from when you have all those unexpected expenses, like maybe a heat bill that’s three times what you budgeted for.  Short term savings is also good for life’s little emergencies, when your car suddenly decides not to move another inch until [...]

November 14th, 2007 | Debbie Dragon | Comments | Continued