Here's a pretty cool website called iMoneynet that is great for those who are looking for money market funds. Money market funds are gaining popularity due to the fact that the Fed has raised interest rates seven consecutive times, which has caused the yeild on low-risk savings accounts to an average of 2.23% from .51%.
The Fed is also expected to raise rates to 3% from 2.75%, making money market accounts even more attractive.
Tags: Money Market Accounts, Interest Rates
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