VMFXX vs. VMRXX: Demystifying Two Popular Vanguard Money Market Funds

In the realm of personal finance, money market funds serve as a safe and liquid option for storing cash while earning modest returns. Among the various money market funds offered by Vanguard, VMFXX and VMRXX stand out as two popular choices. Both funds provide investors with a low-risk, stable investment option, but they exhibit distinct characteristics and underlying investment strategies. Understanding the nuances of VMFXX and VMRXX empowers individuals to make informed decisions regarding their cash management strategies....

November 29, 2023 · 3 min · 519 words