Money market mutual funds can provide a good yield and offer check writing ability to transfer funds to a lower yielding checking account or to pay large recurring monthly bills directly.  Money market mutual funds can also be a good place to park cash while you wait out a turbulent market and take time seeking out the best investment opportunity in the stock market or with bank products such as bank CDs  or other investment securities.  Compare the interest rates on money market mutual funds to how the stack up against bank rates and traditional bank services.

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