what is money markets?

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what is money markets?

2007-01-12 09:12:28 · 3 answers · asked by Anonymous in Business & Finance ➔ Personal Finance

3 answers

They are contracts traded on commodity exchanges. But instead of frozen concentrated orange juice or gold, the commodity is the US dollar or the Euro.

or

They are a type of savings account in your bank where the interest rate always stays the same and does not fluctuate.

2007-01-12 09:18:16 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Money market usually refers to a mutual fund that only invests in 30 day treasury notes. It pays a low interest rate, (but higher than a bank Account) and is one of the Least risky of investments.

2007-01-12 09:17:10 · answer #2 · answered by bob shark 7 · 0⤊ 0⤋

it's where you keep cash. it bears a small rate of return through interest.

2007-01-12 09:17:46 · answer #3 · answered by Anonymous · 0⤊ 0⤋