The April issue of
Money Magazine, which arrived this week,
advises readers to "Stick with money funds" over bank deposit products. "A bank regularly changes savings rates.... Money funds, however, closely track Fed moves," says the article,
"Yield Chasing Done Right".
Money also advises subscibers to "
Stay fully invested" or to
"Take your cash elsewhere" if your brokerage is sweeping "idle cash into in-house savings accounts" in a brief entitled "
Earn It".