Some 40 million Americans invest in money market accounts, which hold appeal to investors for different reasons. Some novice investors find comfort in the relative safety of placing their assets in a fund that seeks to maintain a stable share price. Indeed, many financial planners recommend that investors hold an amount equal to three to six months living expenses in a money market fund for a "rainy day." Once such investors become more accustomed to mutual fund

Money market funds are diversified portfolios that are composed of short-term securities of creditworthy corporations, banks and other financial institutions, and federal, state, and local governments. U.S. Treasury bills and bank certificates of deposit, for example, are common holdings of money market funds.

There are two distinct categories of money market funds. So-called taxable money market funds pay dividends that are subject to federal, and possibly state and local, income taxe

When choosing a money market account the first thing you look for is finding the best money market account rate possible.  MoneyMarketaccount.org keeps you up to date on the ever changing rates. We let you know about the best options available on this bull market.  For example banks like Fidelity, Citibank, Bank Of America,  and Wachovia are consistently out there fighting for your business offering you t