USA Today writes "Money market mutual funds are safe, but not perfect" in reader Q&A. The question was: "Can you verify that no one in the U.S. has ever lost money in a money market mutual fund?" Columnist Matt Krantz responds, "Money market mutual funds are extremely safe places to park cash. Next to putting your money in an FDIC-insured bank account, a money market fund run by a respected financial firm is one of the safest things you can do with your cash." He adds, "Just one money market fund allowed its shares to fall below $1, and that was Community Bankers US Government Fund in 1994." In other news, Reserve issued a press release yesterday afternoon entitled, "The Reserve Mourns and Remembers Former Partner, Henry "Harry" B.R. Brown."

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2025 2024 2023
January December December
November November
October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2022 2021 2020
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
2019 2018 2017
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
2016 2015 2014
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
2013 2012 2011
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
2010 2009 2008
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
2007 2006
December December
November November
October October
September September
August
July
June
May
April
March
February
January