This video will teach you about Money Market Funds and how you can earn interest on your uninvested cash. This is extremely important because many investors don't know about this! So here we go with a COMPLETE guide to understanding Money Market Funds even if you are an absolute beginner. - Enjoy! 📄 Free Savings Account Mastersheet: https://dannysully.link/SavingsMastersheet 💼 How To Build An Investment Portfolio (Free Guide) → https://dannysully.link/PortfolioBuilder Resources: 📈 Best Brokerage Accounts → https://investlane.com/brokerage-accounts 🏦 Top High-Yield Savings Accounts → https://investlane.com/high-yield-savings-accounts 🔒 Best Certificates of Deposit (CDs): https://investlane.com/cd-rates 📚 Free Learning Guides → https://dannysully.com/free-guides 🗞️ Join My Free Newsletter → https://dannysnewsletter.kit.com/profile 🌐 Explore InvestLane → https://investlane.com/ Subscribe: 📷 My YouTube Channel → https://www.youtube.com/@DannySully?sub_confirmation=1 🔔 InvestLane Channel → https://www.youtube.com/@InvestLaneMedia?sub_confirmation=1 🎥 Relevant YouTube Videos 🎥 https://youtu.be/RGlMfxi9uFY https://youtu.be/OprjgqbKUBY?si=cPeY3P8QgkPThe9L https://youtu.be/L9eyh65_0YE?si=t7SFoWEZT7UG5qoJ https://youtu.be/UCjP87-u74Q?si=dFwo0qMU7nJhLjFz https://youtu.be/emdZ2aSFQow?si=6QrJqVz5Yt_shL7K https://youtu.be/OprjgqbKUBY?si=lTfyiVOdZ5GrWKLk https://youtu.be/rEnZPsB-mp8?si=ApucKyBLDWnmuTnV https://youtu.be/eQXYCIwokR8?si=ddhQiDVFo45IDABf ⏰ Timestamps ⏰ 00:00 Intro 00:45 What Is A Money Market Fund? 03:16 How Do They Work? 06:11 Different Types 07:27 How To Utilize Them 09:35 Pros and Cons Tony Robbins Book Mentioned: MONEY Master The Game: https://amzn.to/3ZF6LcN https://www.youtube.com/playlist?list=PLL80XtVsEZjN7ichqUUvP54qpYQ4lVS46 Why Money Market Funds? Money Market Funds are great for your uninvested cash in your investment portfolio because they can still earn you interest on any cash that is sitting. As of the recording of this video, you can earn 4.75% APY on SPAXX, Fidelity's Government Money Market Fund which is extremely high compared to normal times. When would you use Money Market Funds? Money Market Funds are considered investments and specifically a type of mutual fund where you can benefit in your investment portfolios especially when interest rates are high, money market funds will yield higher returns. Be aware these are not FDIC insured but are considered safe options, especially with a money market funds that contains government securities. 🔔 Don't forget to subscribe with notifications on and hit that like button! Disclaimer: This video contains links through which Danny Sully may be compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. The information provided in this video is accurate as of its posting date, though some of the offers mentioned may no longer be active. This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.