"If you have cash that you may need to access soon, a high-yielding money market fund is a good place to park it safely," says Jim Penna, senior manager of retirement services at VectorVest.

As the name suggests, a money market fund is a form of mutual fund, complete with a net asset value of $1 per share and a modest, but not guaranteed, investment return. By and large, money market ...

It's ideal for growing short-term savings or building an emergency fund. Here's what you need to know about how money market accounts work, their pros and cons, and what to consider before opening ...

Kate is an experienced freelance writer and editor with a passion for personal finance. From budgeting and banking to credit cards and investing, she enjoys making complex topics accessible and ...

A Milestone in Institutional-Grade Tokenized Finance, Bridging Traditional Investment and Blockchain Innovation HONG KONG / ACCESS Newswire / ...