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Not FDIC insured
Money market mutual funds are a different animal. They’re investment securities,not bank accounts—and it’s important to understand that they arenot FDIC insured. Nevertheless,money market mutual funds more than hold their own as
infiniteunknown.netImage: infiniteunknown.netDon’t confuse a money market account with a money market mutual fund. They’re two different beasts. While a money market account is a type of deposit account, a money market mutual fund is a mutual fund th
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How much money should you invest in a mutual fund?
Vanguard Funds: The minimum is $1,000. 1Fidelity Funds: There is no minimum. 2T. Rowe Price Funds: The minimum is $2,500. 3Charles Schwab Funds: The minimum is $100. 4
Can a mutual fund be a ba