<prompt> Human: Hi,I am confused by Money Market Funds. I did some reading but I am not sure about the ROR since the percentage is listed a little differently.For example, a Vanguard Money Market Fund states a compound yieldat 1.45 ; is this true? Is this comparable to the current interest rate in the USA? In other words; if I am making money and putting it into a standard savings account with an interest of 1.35 Ally bank for example, should I move this money into the Money Market fund in the meantime? At this point, is there even any point in having a normal bank account? Why not direct deposit straight to Vanguard?Please clarify.  <response>: The difference is that money market funds are not FDIC insured, although they are very safe, only in very few instances 2008 has a money market fund ever broken the buck or the NAV of one share falls below 1.Money market accounts, which you can find at banks are FDIC insured but probably wont yield as much as a high yield savings account. Its a personal decision whether .1 APY is worth giving up the FDIC insurance of a savings account. 