Indeed, the growth of money market funds has been spectacular.
However, a potential bank run had begun on certain money market funds.
Yields have been up the last few weeks in the money market funds.
For a better return, money market funds are probably the best bet.
"I have to start getting into money market funds and that kind of thing," he said.
And if customers want to play it safe, more than 20 money market funds are available.
That was the correct thing to say in 1982 when everyone wanted to look at money market funds.
But more than $1.5 billion has moved into money market funds.
Or, to cut risk, you can choose a money market fund.
AS anyone in a money market fund knows, even security has its risks.
Indeed, the growth of money market funds has been spectacular.
However, a potential bank run had begun on certain money market funds.
Yields have been up the last few weeks in the money market funds.
For a better return, money market funds are probably the best bet.
"I have to start getting into money market funds and that kind of thing," he said.
And if customers want to play it safe, more than 20 money market funds are available.
That was the correct thing to say in 1982 when everyone wanted to look at money market funds.
But more than $1.5 billion has moved into money market funds.
Or, to cut risk, you can choose a money market fund.
AS anyone in a money market fund knows, even security has its risks.