What Is a Money Market Fund – Definition, Types, Pros & Cons

When you transfer money into a brokerage account, you’ll probably notice the balance goes into a money market fund as a holding space for uninvested cash. But what precisely are money market funds? Learn how they work — and what separates a good money market fund from a bad one.

The post What Is a Money Market Fund – Definition, Types, Pros & Cons appeared first on Money Crashers.

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