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DailyFinance: 13 Common Money Mistakes to Avoid in 2013

4. Keeping Savings in Zero-Interest Money Market Mutual Funds

Money-market mutual funds used to be a great place to put spare cash, but these days, they pay next to no interest and don't even come with FDIC insurance. With many FDIC-insured bank accounts offering nearly 1 percent on high-yield savings accounts, you won't get rich off the interest, but you will put yourself in a more secure position with your savings.

(iStock)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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