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Posts Tagged ‘checking account’

Im looking to get my money out of a checking account so I ca make a little money on it. I have about 5,000 that I would like to invest in a money market fund. I was wondering if this is a good idea and what type of money market fund to invest in. Thanks for the help.

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Isnt a money market basically a checking account with a rate of return?

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Technorati Tags: checking account, money market, rate of return

I have made online payments out of my checking account, but never out of a money market account. So I want to know if this is possible and make sure that there’s no fee (that it’s not considered a wire transfer). Thanks.

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Technorati Tags: checking account, money market account

And where should I keep my money for emergencies? I want to keep a few grand in a savings account or money market account or something like that, and invest the rest in something aggressive, and from what I’ve read index funds seem the best. Also how much should I keep in my checking account?

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Technorati Tags: checking account, emergencies, index funds, money market account, savings account

I want to open a savings account separate from my checking account to earn a higher interest rate. I keep reading about "money market accounts." What is the different between a savings account and a money market account? What are the advantages/disadvantages to having either one? Thank you!
By the way, I do plan on meeting with a banker as soon as the holidays slow down to better discuss my options.
I just wanted to see if anyone could offer any quick info or help on here in the meantime!

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Technorati Tags: checking account, holidays, interest rate, money market account, money market accounts

Is it just like a personal checking account? What’s the difference between a personal checking and a money market?

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Technorati Tags: checking account, money market