To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- Here's how much ACA premiums would have risen this year without tax subsidies:
- Trump to make announcement with Hegseth on shipbuilding from Mar-a-Lago
- Remembering the treasured films of Rob Reiner
- gold has surged 70% since the Start of the Year
- Deputy AG says removing photos from Epstein files has 'nothing to do' with Trump(Sure thing) (ha ha)
- As storms inundated Washington state, federal grants for flood mitigation work sat on hold
- Judge orders plan to return ex-CECOT detainees to U.S. or give them hearings 3H ago
- reprint of: My Path to Enlightenment from 2011
- quote from Wikipedia: Mark Carney
- Avalanche Warning Issued for Mount Shasta Area Through Friday
Thursday, November 15, 2007
Money Market Funds
Money market Funds. I was walking with my family yesterday to a restaurant. I walked past a newspaper stand and saw a usa today article that said something like, "Money Market Funds in Trouble". That concerned me some so when I went home I talked to a friend on the phone who is a full time investor and so studies this kind of thing between 4 to 8 hours every day. He said that where he and I were invested we were okay but that there are many companies that have invested their money market funds less conservatively into sub-prime mortgages and some of these are in jeopardy. So it might be useful if you have money into money market funds to find out what those funds are invested in and if your funds are in jeopardy now.
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