Is money market safe 2024?
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Studied at the University of Sydney, Lives in Sydney, Australia.
Your deposits in most money market bank accounts are insured by the Federal Deposit Insurance Corporation (FDIC), and they are among the safest places you can put your savings. ... Money market funds offered at brokerage or investment firms, while considered relatively safe, are not insured by the FDIC.
2023-05-15 10:50:05
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Your deposits in most money market bank accounts are insured by the Federal Deposit Insurance Corporation (FDIC), and they are among the safest places you can put your savings. ... Money market funds offered at brokerage or investment firms, while considered relatively safe, are not insured by the FDIC.