Money Market Advantages

The following are Money Market advantages, that are available to their purchasers:

• Money Markets are highly liquid instruments, in that you can withdraw from them at any time, usually without any sort of interest penalty. There are no finite terms associated with a Money Market instrument. In contrast, a CD (Certificate of Deposit) requires a minimum amount of duration before you can touch the principal, and imposes interest penalties for early withdrawal.

• Money Market Instruments are almost always FDIC-insured. That means that they are backed by the U.S. government against default, and are one of the most safest investments available.

• Money Market instruments are extremely easy to set up. Via the internet, they can usually be set-up in a matter of hours or maybe 1 business day at the maximum, if you have a checking account that you can link it to, to initially fund it.

• Today's internet-based Money Markets very often do not require any sort of minimum deposits. That means, you can open an account with as little as $ 1.

• Internet-based Money Market Instruments generally offer higher yields than their brick-and-mortar (e.g., banks) counterparts. This is largely due to the reduced overhead necessary to administrate an internet-based instrument.