Putting your cash in a bank account and keeping it there without touching it – is this the best thing to do with your savings money? Do you know that when you save your money in a bank account, you practically gain next to nothing?
See below – a comparison between when you put cash in a bank account vs in a Money Market fund – based on actual historical data.
Putting your cash in a Money Market fund gives you a better profit rate compared to bank account. Because it is almost as good as cash, it also has a very low risk. You worked hard for money, now let the money works for you!
Keep in mind that past performance is not a good indicator of future performance.
To include this Money Market fund into your Custom Portfolio; open your Raiz app > Home > Invest > Portfolio > Custom Portfolio icon (on the most right) > Edit Portfolio.
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