money market account a good idea?

Discussion in 'Business Operations' started by contourbs, Jul 21, 2005.

  1. contourbs

    contourbs LawnSite Member
    Posts: 185

    is a money market account a good idea to have. i have a roughly 25g just sitting in a savings account. would it be worth it to move it to a money market account?
     
  2. out4now

    out4now LawnSite Bronze Member
    from AZ
    Posts: 1,796

    Would gain you a little more interest. How liquid do you need it to be? Common stocks over long haul would return better.
     
  3. PTP

    PTP LawnSite Bronze Member
    from Tulsa
    Posts: 1,383

    Use it as a downpayment on a couple of apartment buildings and double or triple your money in a year.
     
  4. Scapegoat

    Scapegoat LawnSite Member
    Posts: 249

    Put it in an index fund. You'll beat 80% of mutual funds and never have to worry about who's investing in what.
     
  5. Miller Rules

    Miller Rules LawnSite Member
    Posts: 66

    Are you kidding ,Buy some property between Tampa and zepherhills
    or around Wesley Chapel Dade City SanAnn area There building like crazy around there it will be Worth 3x or more in a few years.
     

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