BENEFITS OF MONEY MARKET.Part 1

Financial literacy is low in this part of the world and explains why poverty is on the increase.We examine the prospects and benefits of investing in the money market.-The financial market a giant enterprise occupies the heart of any nation's economy and a place for investors,shareholders and creditors to borrowers,seeking to raise funds for business finance to meet.In one of my essays written on financial market,i treated the topic or the nature of financial market worldwide but in this edition i shall narrow down to money market and the benefits of money market investment.Money market is a market for short term funds and the investment taken place with investors fund has an interest yielding compounding effect than a simple type.Practically very few Nigerians have heard about this form of investment.If they do,may not take to its working principles,let alone invest in it.We shall define money market as an open ended mutual funds where discount securities are traded