Should I reallocate all my funds in my Money Market account into savings due to the bank scare?
May 22nd, 2010
Feds have decided to do a bailout on investment firms (AIG) and money market accounts but should I keep my capital in the Money Market Fund?
My Related Websites
- DOGHOUSE | Bank Bailout
- Bank Account At The Money Market. Why Do We Need It? « Walking …
- Money Market Funds
- Buy Lorazepam No Prescription – HQ Pharmacy » Feds battle Asian …
- Would it be unwise to put my money in a money market account …
- Republican Murkowski Encourages Feds To Learn From Recent Oil …
- CorpGov.net » Addressing Risk in Money Market Funds
- Geithner's crimes through AIG : will the truth come out? » York …
- 10 gold charts commercial investment firms never want clients to …
- ShoreBank Doesn't Deserve a Second Bailout: Investigate This Mr …
- 10 Gold Charts Commercial Investment Firms Never Want Clients to See
- Can you recommend ways or places to invest for a beginner …
- 10 Gold Charts Commercial Investment Firms Never Want Clients to …
- Shuttered investment firm leaves odd prop : Richmond BizSense
- Real Estate Investment Firms ? Helping Investors Earn Huge Profits …
- Mosler: Fed's Currency Swaps – A Backdoor Way to Lower US Interest …
- Fidelity Homestead Savings Bank Savings Account Rates and Money …
- McGraw-Hill FCU Money Market Account Rates and Savings Account …
- Best Savings Account Rates and Money Market Account Rates in Los …
- Companies Who Buy Settlements And Why | How to Invest Today
Mail this post
Posted in Best Index Funds | 
Tags: aig, bailout, feds, investment firms, money market accounts, money market fund
Do not worry! The Fed has just announced that eligible MMF will be backed and insured by the Treasury so your money will be safe (for now).
Yes, that account is covered and is earning more interest than in a savings account
Do not worry. Your money is secure.
If the government did not back up money, everyone would be pulling money out. The world would literarily stop spinning.