Money Market Funds For Beginners | The Ultimate Guide

This video will teach you about Money Market Funds and how you can earn interest on your uninvested cash. This is extremely important because many investors don't know about this! So here we go with a COMPLETE guide to understanding Money Market Funds even if you are an absolute beginner. - Enjoy!

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⏰ Timestamps ⏰
00:00 Intro
00:45 What Is A Money Market Fund?
03:16 How Do They Work?
06:11 Different Types
07:27 How To Utilize Them
09:35 Pros and Cons

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Why Money Market Funds?
Money Market Funds are great for your uninvested cash in your investment portfolio because they can still earn you interest on any cash that is sitting. As of the recording of this video, you can earn 4.75% APY on SPAXX, Fidelity's Government Money Market Fund which is extremely high compared to normal times.

When would you use Money Market Funds?
Money Market Funds are considered investments and specifically a type of mutual fund where you can benefit in your investment portfolios especially when interest rates are high, money market funds will yield higher returns.

Be aware these are not FDIC insured but are considered safe options, especially with a money market funds that contains government securities.

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Disclaimer: This content is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter.