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To: mombyprofession

Especially if you have money in a money market account

http://www.zerohedge.com/article/government-your-legal-right-redeem-your-money-market-account-has-been-denied


4 posted on 01/06/2010 11:49:14 AM PST by FromLori (FromLori)
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To: FromLori
Especially if you have money in a money market account

I've been worried about that. It basically means MM no longer behaves like money. I wonder if I would be any better off to move from MM funds to short-term FDIC-guaranteed CDs?

I don't have that option in my retirement fund, but do have that option for my own funds.

5 posted on 01/06/2010 3:05:44 PM PST by catnipman (Cat Nipman: Made from The Right Stuff)
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