Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to Investments

Money Market Funds Not Worth Owning

Sunday, May 30, 2010 - 12:57 PM
From the BostonHerald.com
New rules to improve the safety of money market funds went into place this week. They won’t make anyone buy a money market fund; in fact, they could make investors - and some fund companies - wonder why they are bothering with money funds at all.
Note, money market funds are different than money market accounts (see our money market fund review)
1
Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
Rep Points: 123,702
Reply