Risk: Cash doesn’t lose dollar value, though inflation can erode its purchasing power. Money market funds are pools of CDs, short-term bonds and other low-risk investments grouped together to diversify risk, and are typically sold by brokerage firms and mutual fund companies. Why invest: These mutual funds will pay out cash interest on a regular
An investor comparing different cash investment options. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. If you’re starting to invest or refining your strategies, there are many options available based on your financial goals, risk tolerance and investment timeline. Common investments could range from safe, traditional savings
By Harry Robertson LONDON (Reuters) – Investors poured $37 billion into cash-like money market funds (MMFs) in the week to Wednesday, Bank of America said on Friday, as they braced for the U.S. Federal Reserve to cut interest rates in September. It put MMFs on track for their biggest three-week cumulative inflow since January at
damircudic / Getty Images Investing your money has shown to be one of the best ways to grow your money over time. However, investing always carries inherent risks, especially if you need access to your money in the short-term. Check Out: I’m an Investor — I’m Making These Money Moves Immediately If Trump Wins Read