Money Market Funds ›

Unlike bank accounts, these aren't government-guaranteed; you could lose money, though it's rare.

The price doesn't go up like a stock; you only earn the interest. Common Types of Funds What are money market funds? | BlackRock money market funds

To preserve your initial investment (maintaining a stable $1.00 Net Asset Value per share) while providing daily liquidity. Unlike bank accounts

Money market funds (MMFs) are a low-risk, high-liquidity investment staple, often used as a "cash-plus" strategy to park money while earning more interest than a standard savings account. these aren't government-guaranteed

Returns may not keep up with rising costs of living over the long term.