That's not how to treat a newbie...
In the current ultra-low interest rate environment, money market accounts are even more boring than usual.
Expect taxable yields of 0.46% to 0.66%....so due to inflation, you're actually losing money. For the small investor, bank CD's are a slightly less liquid, but higher yielding investment.
Other low risk alternatives would be corporate paper, (tax free) munis, T-bills, or government savings bonds (series EE or I, can be bought at any bank).
