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John Waggoner: 3 Good Reasons To Park Money In A Money Fund

FYI: Cash isn't trash.
Now, you may point out – correctly – that the interest from a money market fund wouldn't feed a family of gnats, and you'd be correct. The average money fund yields 0.02%, which would generate a fully taxable $2 in interest, the remainder of which would be overwhelmed by inflation.
All true.
But there are three good reasons to park money in a money fund, or a bank money market account
Regards,
Ted
http://www.usatoday.com/story/money/personalfinance/2015/04/26/cash-isnt-trash/25782721/
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