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How to Pay Monthly Bills on Time
How to Regularly Balance Your Checkbook
How to Save Money for a Major Purchase
How to Open a Bank Account
How to Open a Money Market Account
How to Safely Use an ATM Machine
How to Prevent Identity Theft
How to Pay for Plastic Surgery
How to Open a Safe-Deposit Box
How to Save Money With Coupons
How to Save Money Every Day
How to Save Money on Groceries
How to Pay Off Your Mortgage in 1/3rd the Time & Save Thousands of Dollars in Interest
How to Rebuild Credit & Improve Scores
How to Prepare for an Economic Recession
How to Obtain Your Credit Score
How to Refund a Prepaid Credit Card
How To Open Up an IRA DC
How to Resell Prepaid Credit Cards
How to Save Money for College
How to Pay Utility Bills at the Bank
How to Save Money to Buy a Car
How to Save Money for Marriage
How to Open a Debt Consolidation Business
How to Pay Off Bills
How to Pay Off Credit Cards
How to Rebuild Credit
How to Save Money
How to Save on Gas Bills
Money market accounts are offered by brokers and have the ability to be liquidated. Find out more about mo… More
If you want to see your money grow and work for you, it's important to understand there are investment opt… More
Just because the stock market is down--doesn't mean you can't make money in it. There are possibilities. I… More
Some basics of the stock market include deciding on how to divide money between fixed income, bonds, equit… More
Money market funds are not commonly seen as an investment, but rather as more of a savings vehicle to put … More
To open a money market account, consult a stock broker who can manage the account and provide check-writin… More
Investing in money market accounts allows money to be put into a mutual fund that buys a variety of differ… More
People are always looking for safe and secure investment and savings vehicles. Both money market accounts … More
Money market accounts can be liquidated, but make sure there is a secure financial plan before transferrin… More
Money market accounts are great for liquidity but don't have the high rate of return of a mutual fund. Lea… More
The disadvantages of money market accounts include having difficulty getting money out, high minimums and … More
Characteristics of money market funds show that they rank among the relatively safe investments. Even thou… More
Summary: To open a money market account, consult a stock broker who can manage the account and provide check-writing capabilities, but make sure the fees are minimal for this high-interest account. Consider opening a money market account with advice from a registered financial consultant in this free video on personal finance.
Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more
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"This is financial adviser Patrick Munro. Talk to you about how to open a money market account. Normally a broker, a stock broker is the company that would take care of a money market account. That account will normally have check writing privileges to it, and it's primarily designed as an investment, like a stock account. And you put money in and receive a superior rate of interest as well. And you can write checks on the money market account, if you wish, but more often than not, someone that would have a money market account has a bank account, a checking account that they would use first for their checking concerns. The money market account is raw, really really for cash positions that are different from the brokerage account. Make sure the fees are minimal on this account and that they're giving you the maximum rate of return on the money market account at the brokerage firm. Fees are a big concern with brokerages these days, and you deserve to pay the least amount of fees possible. This is Patrick Munro talking about how to open a money market account."
eHow Article: How to Open a Money Market Account
Meet Mark P Cussen, CFP, CMFC eHow's Personal Finance Expert.
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