Cash is an important part of a diversified investment portfolio. While not a primary driver of long-term growth, it can serve as a safety net for unexpected expenses and potential market downturns.

Cash management accounts are for saving and earning interest; brokerage accounts let you invest Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives ...

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What is a cash management account? A cash management account (CMA) is a cash account often provided by brokerage firms and robo-advisors. CMAs are relatively new to the market, so their features are ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Fidelity’s Cash Management Account has few fees, but mediocre rates Rebecca McClay ...