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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! Get $60+ Free Stock on Webull 👉 https://dannysully.link/Webull 📄 Free Savings Account Mastersheet: https://dannysully.link/SavingsMaster... Start earning with CDs (Min. Deposit of $1) 👉 https://dannysully.link/Raisin Sign Up Bonus Offers: 📈 Get $60+ Free Stock on Webull (When You Deposit $500): https://dannysully.link/Webull 💰 Get up to a $200 Cash Bonus on Coinbase (Crypto): https://dannysully.link/Coinbase 💎 Get up to a $325 Cash Bonus on SoFi (High Yield Savings): https://dannysully.link/SoFi Resources: 📖 Free Learning Guides: https://dannysully.link/FreeGuides 🗞️ My Newsletter: https://dannysully.link/Newsletter 🔑 My Portfolio & Private Community -   / dannysully   🐦 Twitter -   / dannysully_   📝 LinkedIn -   / danny-sully   📸 My ENTIRE YouTube Setup: https://dannysully.link/YouTubeSetup 🎥 Relevant YouTube Videos 🎥    • Fidelity Money Market Funds For Begin...      • Certificate of Deposits (CDs) For Beg...      • Treasury Bills For Beginners: The Ult...      • High Yield Savings Accounts For Begin...      • Top 10 Investing Mistakes You NEED TO...   ⏰ 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 Tony Robbins Book Mentioned: MONEY Master The Game: https://amzn.to/3ZF6LcN    • Fidelity Playlist   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. 🔔 Don't forget to subscribe with notifications on and hit that like button! Some of the links in this description are affiliate links that I get a commission from. Any commission helps support my channel and I would greatly appreciate it! 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.