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So if you’ve got $3,000 or more of cash sitting in a bank savings account but don’t have a money fund account, you’ll probably do well to open an account in a low-cost, high-quality fund.
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A popular way to help people with their finances is by gently prodding them to make better decisions. There are automatic payments on credit cards and auto-enrollment in 401(k) plans.
The Yahoo Finance Morning Brief is our flagship newsletter, arriving in inboxes every morning at 6 a.m. ET. It features a key Takeaway column about a market-based or economic theme as well as ...
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With the Fed poised to cut interest rates next week, the ripple effect will show up in certificates of deposit and high-yield savings accounts, which currently offer rates of more than 5%.