No. of Recommendations: 0
That low interest rate is based on the rate money markets are paying. The big advantage of money markets is that your money is not at risk from rising interest rates.

I personally don't think money markets are worth it in the present environment, but some people do. They think the safety makes the rate acceptable

No, I've got a regular savings account, not a money market account. But you're right in what you said about MM.

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