close
    is it a good thing to invest in a money market?

    +1  Views: 631 Answers: 3 Posted: 8 years ago

    3 Answers

    I don't call money market, "investment". Money market is a saving's account with a tiny bit higher interest. So it's much safer than investing in stocks, bonds or so, but a lot less returns.
    I would watch the financial news a little more often, some experts are predicting a second financial crash of the stock market, Gold would be a much better investment if you have the extra money and time.
    Yep, it's good to make sure your money stays in the bank nice and safe. Just don't expect too much interest to accrue.


    Top contributors in Investing category

     
    Chiangmai
    Answers: 63 / Questions: 3
    Karma: 1485
     
    ROMOS
    Answers: 34 / Questions: 0
    Karma: 1395
     
    Colleen
    Answers: 77 / Questions: 0
    Karma: 1305
     
    country bumpkin
    Answers: 20 / Questions: 0
    Karma: 1290
    > Top contributors chart

    Unanswered Questions

    444598
    questions
    715360
    answers
    595036
    users