Have you noticed the irrationality in the stock market lately? 13% unemployment rate, negative GDP growth projections for the year, still the market has recovered all of the March/April losses! The famous saying goes “Markets can stay irrational longer than you can stay solvent”.
With the volatility plaguing the stock market in this time of crisis you may be looking for safer harbors to invest your money. If this is the case a money market account may be just the thing you are looking for. This type of investment will give you added security at the time you need it most.