In my finance book, I've noticed that money market accounts and munincipal bonds are very similar (at least based upon definition). What is the difference? Thanks for explaining this.

Answer 1

Since this is not my area of expertise, I searched Google under the key words "'money market accounts' 'municipal bonds' difference" to get these possible sources:

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http://www.ehow.com/about_4688569_types-money-market-accounts.html
http://www.finweb.com/investing/money-market-accounts-and-mutual-funds-pt2.html
http://collegesavings.about.com/od/collegeaccountsafety/a/moneymarketrisk.htm

In the future, you can find the information you desire more quickly, if you use appropriate key words to do your own search. Also see http://hanlib.sou.edu/searchtools/.

I hope this helps. Thanks for asking.