Question 150616: If I have $1000 to invest for 2 yrs, which gives a higher yield, a CD or a money market account.
Please help me - Nancy
Answer by ankor@dixie-net.com(22740)   (Show Source):
You can put this solution on YOUR website! If I have $1000 to invest for 2 yrs, which gives a higher yield, a CD or a money market account.
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A CD always has a higher yield, than a mm account for that amount
Check with your bank
:
The CD, however is locked in, and can't be withdrawn early without penalty
The mm account has less interest but will allow a limited number of withdrawals every month
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