But under certain conditions, they may be
riskier than money market accounts.
Frankly, if you will need the money in one year I wouldn't touch anything
riskier than a money market account.
Not exact matches
Another option, though may be not as safe as CDs or
money market accounts, is high quality dividend paying stocks (always understand that investing in the stock
market is
riskier than putting
money in bank
accounts), some with more
than 5 % dividend yield at the end of 2010.
Although
money market funds traditionally hold their value at a share price of $ 1, there's no guarantee that the principal value won't deviate from $ 1, which makes the MMF
riskier than the comparable bank and brokerage
account products.
And since they have been seen as only marginally
riskier than insured
money -
market accounts, their popularity soared.