2 ms·
The ease with which money can be moved in and out of money market funds mean that it’s probably unlikely that anyone has a long term balance of over $2000 or so
by JackFr 6y ago
The ease with which money can be moved in and out of money market funds mean that it’s probably unlikely that anyone has a long term balance of over $2000 or so in a savings account. At those levels the difference in interest rates is dwarfed by fees etc.