The Money Mustache Community

Learning, Sharing, and Teaching => Investor Alley => Topic started by: joenorm on January 13, 2019, 07:56:49 PM

Title: Money Market Payout schedule?
Post by: joenorm on January 13, 2019, 07:56:49 PM

Hello,

I put some dough in a Vanguard Money Market account and I am wondering when they add in the interest payments. The amount has stayed the same since I put it in a week or so ago.

No big deal but just curious.

thanks

Title: Re: Money Market Payout schedule?
Post by: boridi on January 13, 2019, 08:41:25 PM

https://investor.vanguard.com/mutual-funds/profile/distributions/vmmxx

Title: Re: Money Market Payout schedule?
Post by: jacoavluha on January 13, 2019, 09:07:31 PM

You earn interest every day. It’s paid out once a month.