Cowryvest

Do you have some idle funds sitting in your bank accounts or under your bed for several weeks or months? Are you saving up for a project in a few months and just piling it up in a bank account? That six months savings you have been told to set aside to serve as emergency fund in case of loss of your job or something else, do you have it lying idle somewhere? If your answer is positive then you might want to consider a Money Market Fund. A Money Market Fund is a type of mutual fund that invests in short-term, low-risk debt securities, aiming to provide investors with a relatively stable and liquid investment option. These funds are often seen as a cash-like alternative, offering higher returns than traditional savings accounts while maintaining a high degree of safety and accessibility". Note the words "liquid", "Safety" and "Accessibility".  Essentially, Money market fund is a pool of funds run by Fund managers into which several investors invest thei...