Joel Blau is a certified financial planner and President of MEDIQUS Asset Advisors Inc. in Chicago. He is a former vice president and senior financial consultant for AMA Investment Advisors LP, an affiliate of the American Medical Association.
Money market accounts: Weigh safety vs. rate of return
Despite recent historically low yields, many investors use money market mutual funds for simple liquidity needs, as well to provide a parking place for emergency reserve dollars.
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