CryptoWanderer
Sun Oct 13 2024
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6 answers
1224
Are money market accounts in danger?
I'm concerned about the safety of my money market account. With the current economic situation, I'm wondering if these accounts are in any danger. Could someone please advise?
GalaxyWhisper
Sun Oct 13 2024
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5 answers
1166
Does Dave Ramsey recommend money market accounts?
I'm wondering if Dave Ramsey, the financial expert, recommends money market accounts as a part of personal finance strategy. I'm looking for his specific view on this type of account.
Bianca
Wed Jul 03 2024
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5 answers
1566
Are money market accounts FDIC insured?
Could you elaborate on whether money market accounts are insured by the Federal Deposit Insurance Corporation (FDIC)? I've heard that FDIC insurance provides a safety net for consumers' deposits in banks and other eligible institutions, but I'm uncertain if money market accounts fall under this umbrella. It's crucial for me to understand the level of protection these accounts offer, as I'm considering investing in one. Could you clarify if money market accounts are FDIC insured, and if so, how that protection works?
