Doug Huber, Vice President, Investment Strategy of Wealth Enhancement Group was featured by USA Today in “Money Market Account vs. Money Market Fund: Is There a Difference?”
“A money market account would likely be better suited for cash dedicated to long-term savings and a money market fund for brokerage cash that has been received as some form of distribution, such as income, dividends or sales, that is waiting for redeployment within an investment program.”
Access the full article written by Coryanne Hicks here.