Vanguard and Fidelity

[Bubblesitter]

Here’s another article on MM funds that are offered in many 401Ks, 403Bs, or taxable accounts.

Your tax dollars at work in this analysis done by the FDIC. It provides good background on what a MMMF is, and how it can “break-the-buck”. A bit dry reading though…..

http://www.fdic.gov/bank/analytical/fyi/2004/051904fyi.html

Bubblesitter

[Bubblesitter]

Also please note…..

There are a couple instruments call “Money Market”

The ones called MMDA “Money Market Deposit Account”, offered by your FDIC-insured bank are insured.

Here’s excerpt from FDIC paper…
“Money Market Mutual Funds (MMMFs) are sometimes confused with money market deposit accounts (MMDAs). MMDAs are savings deposits that can be issued only by FDIC-insured banks and thrifts. Subject to FDIC coverage rules, deposits are insured up to $100,000. MMMFs are not FDIC-insured, and while it is extremely rare, investors can lose principal.”

Bubblesitter

[Bubblesitter]

Also please note…..

There are a couple instruments call “Money Market”

The ones called MMDA “Money Market Deposit Account”, offered by your FDIC-insured bank are insured.

Here’s excerpt from FDIC paper…
“Money Market Mutual Funds (MMMFs) are sometimes confused with money market deposit accounts (MMDAs). MMDAs are savings deposits that can be issued only by FDIC-insured banks and thrifts. Subject to FDIC coverage rules, deposits are insured up to $100,000. MMMFs are not FDIC-insured, and while it is extremely rare, investors can lose principal.”

Bubblesitter

[Bubblesitter]

Also please note…..

There are a couple instruments call “Money Market”

The ones called MMDA “Money Market Deposit Account”, offered by your FDIC-insured bank are insured.

Here’s excerpt from FDIC paper…
“Money Market Mutual Funds (MMMFs) are sometimes confused with money market deposit accounts (MMDAs). MMDAs are savings deposits that can be issued only by FDIC-insured banks and thrifts. Subject to FDIC coverage rules, deposits are insured up to $100,000. MMMFs are not FDIC-insured, and while it is extremely rare, investors can lose principal.”

Bubblesitter

[Bubblesitter]

Also please note…..

There are a couple instruments call “Money Market”

The ones called MMDA “Money Market Deposit Account”, offered by your FDIC-insured bank are insured.

Here’s excerpt from FDIC paper…
“Money Market Mutual Funds (MMMFs) are sometimes confused with money market deposit accounts (MMDAs). MMDAs are savings deposits that can be issued only by FDIC-insured banks and thrifts. Subject to FDIC coverage rules, deposits are insured up to $100,000. MMMFs are not FDIC-insured, and while it is extremely rare, investors can lose principal.”

Bubblesitter

[Bubblesitter]

Also please note…..

There are a couple instruments call “Money Market”

The ones called MMDA “Money Market Deposit Account”, offered by your FDIC-insured bank are insured.

Here’s excerpt from FDIC paper…
“Money Market Mutual Funds (MMMFs) are sometimes confused with money market deposit accounts (MMDAs). MMDAs are savings deposits that can be issued only by FDIC-insured banks and thrifts. Subject to FDIC coverage rules, deposits are insured up to $100,000. MMMFs are not FDIC-insured, and while it is extremely rare, investors can lose principal.”

Bubblesitter

[New_Renter]

If you invest in Vanguard Treasury Money Market (VMPXX) then the $100,000 FDIC limit doesn’t apply. Your insurance is the US Govt. itself for the full amount. In addition to that, you can seek higher yields using TreasuryDirect.gov by buying T-Bill, T-Notes, and I-Series US Savings bonds, as another poster mentioned. If any of these go illiquid, we are all in deep sh**.

[New_Renter]

If you invest in Vanguard Treasury Money Market (VMPXX) then the $100,000 FDIC limit doesn’t apply. Your insurance is the US Govt. itself for the full amount. In addition to that, you can seek higher yields using TreasuryDirect.gov by buying T-Bill, T-Notes, and I-Series US Savings bonds, as another poster mentioned. If any of these go illiquid, we are all in deep sh**.

[New_Renter]

If you invest in Vanguard Treasury Money Market (VMPXX) then the $100,000 FDIC limit doesn’t apply. Your insurance is the US Govt. itself for the full amount. In addition to that, you can seek higher yields using TreasuryDirect.gov by buying T-Bill, T-Notes, and I-Series US Savings bonds, as another poster mentioned. If any of these go illiquid, we are all in deep sh**.

[New_Renter]

If you invest in Vanguard Treasury Money Market (VMPXX) then the $100,000 FDIC limit doesn’t apply. Your insurance is the US Govt. itself for the full amount. In addition to that, you can seek higher yields using TreasuryDirect.gov by buying T-Bill, T-Notes, and I-Series US Savings bonds, as another poster mentioned. If any of these go illiquid, we are all in deep sh**.

[New_Renter]

If you invest in Vanguard Treasury Money Market (VMPXX) then the $100,000 FDIC limit doesn’t apply. Your insurance is the US Govt. itself for the full amount. In addition to that, you can seek higher yields using TreasuryDirect.gov by buying T-Bill, T-Notes, and I-Series US Savings bonds, as another poster mentioned. If any of these go illiquid, we are all in deep sh**.

[Sandi Egan]

Or just buy your wife some jewelry with seriously large diamonds.

[Sandi Egan]

Or just buy your wife some jewelry with seriously large diamonds.

[Sandi Egan]

Or just buy your wife some jewelry with seriously large diamonds.

[Sandi Egan]

Or just buy your wife some jewelry with seriously large diamonds.

[Author]

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