Money Markets

Keep an eye on your money market yields. No one will tell you if you could get better yields

Nov
02

A couple of years ago, I moved to Fidelity.  I had significant cash resources waiting for investment.  I didn't ask the right questions and found that they had parked my money in a liquid fund where the returns were woefully low compared to their other funds.  About a year later, I found out that

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Watch your money market yields! Brokerages will be happy if you take a lower yield.

Oct
13

I've been watching money market yields for the last several months as interest rates have skyrocketed.  I compare the 7 day yield of my money markets at Fidelity, T Rowe Price and Vanguard to see where the best "bang for the buck" exists.

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Copyright 2017 Mark T. McLaren