No one will like the concept of a credit
event in money market funds.
Few will like the concept of a credit
event in money market funds.
Not exact matches
Holding enough cash
in cash alternatives, such as
money market funds, to cover living expenses
in the
event of an emergency is critically important for
money management.
Keeping a minimum of 3 months of life expenses
in a
money market account or GIC
in the
event of an emergency is prudent because if the
market goes down right when you need the
money and all of your
funds are
in risky equity investments, then you are hooped.
In that
event, managers of
money market funds could still experience strong net inflows — at least temporarily — as investors seek outstanding short - term instruments before new issues come to
market at the prevailing lower rates.
Both
events have generated a fair bit of cash, which has been sitting primarily
in our Vanguard
Money Market fund until I figure out where to direct the m
Money Market fund until I figure out where to direct the
moneymoney.