I'm sure this goes without saying, but the financial landscape is always changing. A large part of the reason is that investors' preferences change as they try to find the best way to maximize returns. This year has been no different, with rising interest rates making money market funds more attractive.

In 2023 alone, investors have put around $756 billion into money market funds, according to a recent report from Bank of America. With such an influx of cash headed into these funds, many investors may wonder if they should follow suit. Like most other financial questions, the answer is: It depends.

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Source Fool.com