Money Market Fund Option at Edward Jones?
Is Edward jones as bad as they say?
Is there a minimum investment for Edward Jones CDs?
Edward Jones CDs have a $1,000 minimum opening deposit.
What are the current CD rates at Edward Jones?
Edward Jones CDs pay up to 4.40% APY, which is significantly higher than the national average.
How do Edward Jones CD rates compare to traditional banks?
Some Edward Jones CD rates are higher than the top traditional CD rates from the best online banks and credit unions out there right now — but unlike traditional CDs, Edward Jones' brokered CDs do not compound interest.
Recently looked into a Money Market Fund with Edward Jones.
Is this a good investment option and/or institution for 100-150k?
I am looking for low risk (almost 0)
Fairly liquid (a few days to withdraw with no penalties
Decent return. I was told by them 4.5% return after they take their fee.
Is there is better option with the above 3 criteria?
(Posting in several areas to get opinions)
EDIT: Going with Vanguards VMFXX.