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When Cash is King, Money Market Funds are an attractive safe haven. Whether you need to be in cash for a near term
withdrawl or the economic uncertainty is something you don't take part in or you need to diversify your portfolio to a higher
percent of cash - a Money Market Mutual Fund is probably where you want to look.
Money Market Funds invest primarily in low risk bonds like Treasury Securities and other low risk bonds. They are
typically short-term in nature, thus providing alot of diversification and less risk than long-term notes. Holding Money
Market Funds won't make you rich, but it will keep you above the rate of inflation.
Below are the links into websites that contain information on Money Market Mutual Funds:
News on Money Market Funds
Current News on Money Market Mutual Funds from Google News. iMoneyNet Our Money Fund Report Averages™ are the most widely used benchmarks in the "cash" investment industry and our Money Fund Vision™ database software is used by the majority of money market fund complexes for performance analysis. Money market investing What is the difference between a money market mutual fund and a money market account? If I have $2,000 to invest without any immediate need for it, which would be the most profitable? Different Types of Mutual Funds These funds are a great place to park your money. Whether you're storing money for emergencies, saving for the short-term, or looking for a place to store cash from the sale of an investment, money market funds are a safe place to invest. Money Market Funds A money market fund is a type of mutual fund that is required by law to invest in low-risk securities. These funds have relatively low risks compared to other mutual funds and pay dividends that generally reflect short-term interest rates. Unlike a "money market deposit account" at a bank, money market funds are not federally insured. The Myths and Realities of Choosing a Money Market Mutual Fund Many investors may believe there is no good reason to shop around for money market mutual funds. That's because they tend to view them as generic commodities, even though all money market funds are not created equally. Money funds can vary widely — not only in the yields they offer, but also the securities they invest in, the expenses they charge, their minimum balance requirements and many other features and services. In an attempt to dispel seven commonly-held myths about money market mutual funds, Charles Schwab & Co., Inc. provides the following "realities" to help investors choose the option that best suits their investment needs. Money Market Funds As an independent investor who manages his or her own money, you appreciate how important it is to have all of your money working for you. You do not want the free cash you have awaiting reinvestment to lay idle, not earning interest or earning less than a competitive rate. Money Market Mutual Funds Money market funds are mutual funds that invest in short term debt obligations of corporations and governments–thus called money market mutual funds (MMMFs). They are NOT the same thing as money market accounts at financial institutions! Look at the chart to find out about their differences. Money Market Funds Advantages: Interest is compounded daily or weekly. Probably the most convenient and flexible of the cash equivalent investments.
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