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While both money market accounts and money market funds - they are different in that one is a type of mutual fund that invests in certain cash equivalent and fixed income securities while the other is a type of FDIC-insured bank account that pays interest Do My Homework For Me can be a great place to park your surplus cash reserves, there are alternatives to money markets, some of which offer more ideal terms and yields depending upon your specifics needs and investable assets.
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