SHOULD I USE A MONEY MARKET ACCOUNT OR A CD?
Posted by on Mar 26, 2009 in Money Market Accounts
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If you have money you want to put away safely, how do you go about choosing whether you should put it in a savings account, a bank CD, or a money market account? Right now at this point in time in 2009, this decision is complicated by the fact that interest rates are low and people [...]
BEST MONEY MARKET RATES VS. BEST CD RATES
Posted by on Feb 10, 2009 in Money Market Rates
What is the difference between a CD (certificate of deposit) and a money market account? You often hear these two terms thrown around and sometimes you wonder whether they are interchangeable.
Actually, a CD and a money market account are different things. The best money market interest rates will, 99% of the time, be lower than [...]
