The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments

URL:  http://boards.fool.com/keep-in-mind-that-e-trade-brokerage-and-e-trade-16409821.aspx

Subject:  Re: money market funds Date:  1/7/2002  9:36 AM
Author:  jrr7 Number:  2726 of 35272

Keep in mind that E-Trade Brokerage and E-Trade Bank are separate (but linked) entities. If you put money in E-Trade Brokerage, you will not be able to access it through an E-Trade Bank ATM.

At a brokerage your spare money goes in a Money Market Mutual Fund (MMMF). At a bank your money can go in an Insured Money Market Deposit Account (MMDA or IMMA).

I suggest asking at the Online Banking board for more information.
http://boards.fool.com/Messages.asp?bid=100152
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us