Investing is a strategy to grow your money over time. You can pursue long-term goals such as purchasing a home, funding your retirement, and paying for your child’s education. Investing involves risk in exchange for potentially great returns over time. The sooner you begin, the more time your money has to grow. Benefits of Investing The benefits of investing include the following: Compound Growth Compound growth occurs when your investment return generates an additional

A money market fund is a type of mutual fund that invests in debt securities with fast maturities and minimal credit risk. These funds are among the lowest-volatility investments. Income generated by a money market fund can be tax-exempt, depending on the types of securities in which the fund invests. The U.S. Securities and Exchange Commission (SEC) defines three categories of money market funds based on the fund’s investments: government, prime, and municipal. SEC rules f