Are money market funds safe?

Answer On One Hand: Invest in Low-Risk SecuritiesBy law, money market funds are required to invest in low risk securities. Investments will typically include certificates of deposit, government-backed de... Read More »

Top Q&A For: Are money market funds safe

How safe are money market funds today?

On One Hand: Money Markrt Funds Have RiskMoney market funds are not insured by FDIC or the Securities Investor Protection Corp (SPIC). While no one has lost money in a money market fund yet, there ... Read More »

Are money market mutual funds safe?

On One Hand: Excellent HistoryBusiness Week reports that money market funds are an extremely safe choice for investors; indeed, these accounts have lost money only once in recorded history. On that... Read More »

Are Wachovia money market funds safe?

On One Hand: Financial Strength.Wachovia is one of the strongest banks in the nation, and has a full range of financial products. Wachovia money market rates are competitive and, although not FDIC ... Read More »

Are Canadian money market funds safe?

On One Hand: Nothing is Truly Safe.Money market funds, like any other investment, are subject to risk, because the money is being lent out to both private and government corporate entities that alw... Read More »