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In response to "So what's a good way to save for a house down payment? Just go with a savings account?" by Dano

Money Market Account? -- (link)

Posted by budice Apr 19 '15, 10:48

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http://www.investopedia.com/terms/m/moneymarketaccount.asp (www.investopedia.com)

Responses:

Just be careful not to confuse Money Market accts with Money Market mutual funds. The funds no longer guarantee $1 per share. - Meg Apr 19, 10:57 1
- the funds never have guaranteed a buck a share and to date no mm mutual fund has busted the buck. -- nm - decline Apr 19, 15:18

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