facebookMoney market funds’ interest rate is always better and higher than saving accounts in banks. Is this always true regardless of the global economic situation? - Seedly

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Anonymous

28 Jul 2021

Robo-Advisors

Money market funds’ interest rate is always better and higher than saving accounts in banks. Is this always true regardless of the global economic situation?

Is this always true

Discussion (2)

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I have investments in money market fund since 2017. So far their returns are stable but very stagnant. In terms of global economic situation, their returns are consistent..be it during the normal days & now in the pandemic.

The risks are always there, but it should do better generally. quite hard to be lower than savings accounts.

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