Personal Finance Blog By MoneyRates - Money Market Funds
Increased Demand for CDs On the Horizon
September 22, 2009
There is a lot of talk in the financial press these days about "cash on the sidelines." Usually, cash on the sidelines is mentioned as a reason why stocks will continue to rise as more buyers enter the market. But what if a lot of that cash goes into CDs? It's very possible. Cash on the Sidelines [...]
Money Market Accounts, Money Market Funds, and September 18
September 17, 2009
In September of 2008, a $62.5 billion money market fund operated by the late Lehman Brothers "broke the buck," meaning that the net asset value (NAV) of the fund dropped below the value of the investor contributions. That is not ever supposed to happen, and when it did, the Great Panic of 2008 was officially underway. Government [...]
