Is Money market a good investment 2024?
I'll answer
Earn 20 gold coins for an accepted answer.20
Earn 20 gold coins for an accepted answer.
40more
40more
Studied at Harvard University, Lives in Cambridge, MA
Gains on money market funds are usually tax exempt because they invest mainly in government securities. However, any dividends are taxable. Because they are a good low-risk investment, money market funds are widely used defensive investments when the stock markets are declining.
2023-05-12 10:15:12
评论(499)
Helpful(122)
Helpful
Helpful(2)

Ethan Davis
QuesHub.com delivers expert answers and knowledge to you.
Gains on money market funds are usually tax exempt because they invest mainly in government securities. However, any dividends are taxable. Because they are a good low-risk investment, money market funds are widely used defensive investments when the stock markets are declining.