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  • Why are money market fund rates higher than that of a savings account?

    Asked by unknown
    1 Answers
    Banks can invest money market funds in short-term securities, municipal bonds, loans to customers, treasury notes and more, bringing higher interest rates than with savings account.
  • Can you avoid capital gains tax by reinvesting in real estate?

    Asked by unknown
    1 Answers
    With some investments, you can reinvest proceeds to avoid capital gains, but for stock owned in regular taxable accounts, no such provision applies, and you'll pay capital gains taxes according to how long you held your investment.
  • What is a money market fund?

    Asked by unknown
    1 Answers
    Money market funds are a type of investment which aims to help shareholders earn interest while maintaining a net asset value. The net asset value is a rate of $1 per share.