Kiplinger's writes "Are Money-Market Funds as Good as Cash?", which examines the types of money market investments, and the types of money funds in particular. It quotes us, "Peter Crane, who reads shareholder reports and prospectuses for a living, says trying to spot flaws in a money-fund portfolio is impossible. His analogy: You're flying in a 747 over the Atlantic when the ride gets unsteady. So you burst into the cockpit (try to forget 9/11) and study the instrumentation to see if the plane has a problem. Good luck."

Kiplinger's continues, "Yet Crane isn't totally blase. He figures that, in the past year, more than a dozen sponsors have had to inject their own capital into money-market funds to avoid writing down the value of the portfolios from $1 a share to 99 cents or less."

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September