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As I've mentioned in past columns, there's a growing trend for angel investors to come together and invest as a fund. Typically, these funds make investments ranging from $100,000 to $500,000 at one time and occasionally are supplemented with private investments from individual angels.
Use money market account (MMA) in a sentence. Financial advisors such as Dave Ramsey might suggest you tie up ten percent of your funds in a money market account in order to diversify and expand your portfolio. If you want to take a small risk on your savings account you can get a money market account that should give higher interest. I had confidence in us because we had a money market account and those were a real sign of legitimacy.