disadvantages of money maket?
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The disadvantages of money market are as follows :-
1) Limited transfers and cheques
2) Variable interest rate
3) Taxes and inflation
4) Minimum balance and fees
5) Free access
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- Despite these advantages, money market accounts also have 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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