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Author: sirclayton Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 244  
Subject: Money Market Account with SB Date: 11/5/2001 1:17 AM
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Can someone answer me this, brief answers will be fine, i sorta have an idea what they are, just wanting to clarify it more
1.What is a Money Market Account?

2.The interest paid on it, is it similar to a savings account?

SirClayton


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Author: GLSmyth Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 236 of 244
Subject: Re: Money Market Account with SB Date: 11/5/2001 8:10 AM
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1.What is a Money Market Account?

A Money Market account is a place for your money to be stored. It is a mutual fund that attempts to preserve capital.

2.The interest paid on it, is it similar to a savings account?

Yes.

Cheers-

george

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