With the stock market suddenly much more volatile and bond prices falling, investors looking for a less risky place to stash their cash may want to
consider money market mutual funds.
Instead of keeping your cash in the bank, you might
consider a money market mutual fund.
Not exact matches
Depending on your goals and which of the above mentioned criteria are important to you — you may want to
consider an IRA product that enables you to invest your
funds in an annuity, bonds,
mutual funds,
money market accounts and more.
These ETFs are
considered alternative cash management tools because they typically deliver higher income than
money market mutual funds.
To illustrate investors» growing use of index
funds,
consider that on Nov. 1, 2003, 12 % of all U.S. open - end
mutual fund and ETF assets (not including
fund - of -
fund or
money -
market assets) were invested in passively managed products.
Most bank
money market accounts are FDIC - insured;
money market mutual funds may be uninsured, but generally are
considered relatively safe.
But I am going to assume you are more sophisticated than that — you have
money in the stock
market through
mutual or index
funds, generally
considered to average an 8 % return.
for those of you that are
considering RESPs, stay away from the
mutual fund market as your investment is not guaranteed and you could lose
money along with the government grant and this was the reason for starting the RESP.
Buys and sells of GICs, Term Deposits, Canada Savings Bonds,
Money Market Mutual Funds and Provincial Savings Bonds are not
considered commissionable trades.
These low - risk
mutual funds are
considered as safe as bank deposits while providing a higher yield over both savings and
money market accounts.
Money market mutual funds are
mutual funds that invest in very short - term, highly liquid securities which are
considered safe havens such as government securities or T - bills, certificates of deposit, and commercial paper.
What is
considered to be «cash reserves» includes non-retirement liquid assets, such as: cash in any banking or checking accounts, stocks,
mutual funds,
money market funds, and more.
Every attempt I've made at analyzing
market timing indicates that you'd lose
money trying to do it, but 9.5 % is a little much, especially
considering that the 9.5 % applied to the average
mutual fund investor rather than just the ones who attempted
market timing.
Considering the variety of proposals floated recently to restrict
money market mutual funds, one need not be paranoid to think that people at some government agencies really want to put MMFs out of business.
Among the types of firms that the plan would
consider for the leverage tax are «
funding corporations, real estate investment trusts, trust companies,
money market mutual funds, finance companies, structured finance vehicles, broker / dealers, investment
funds, and hedge
funds.»