Advantages and disadvantages of money market
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Advantages-
1 Financial trades.
2 provides funds
3 profitable investments
4 Help government
5 Help in monetary policy
Disadvantages-
Limited Transfers and Checks. A money market account has a major disadvantage for regular monthly
bill-paying. ...
Variable Interest Rate. ...
Taxes and Inflation. ...
Minimum Balance and Fees. ...
Free Access.
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