? 2:07 - I've been getting a lot of mail about money market funds recently, is any of this important? The transcription for this video can be found here
Mullooly Asset Show Episode 29
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Mullooly Asset Show Episode 3
? 0:30 - Fees 3:35 - Money market rates 6:35 - Tough times for retirees Here is the link for the transcript to this video
Is the Fed “Stealing” from Savers?
Today we read an interesting article from Marketwatch titled, "The Fed is Deliberately Stealing from Savers". Yes, that's right. Janet Yellen and the rest of the Fed are thieves. You read it it first at Marketwatch. We'll link to their post below. The author asserts...
Money Market Fund Rates
To follow up from last week's podcast, Tom put together a quick video explaining why money market fund rates are so low. After 2008, the SEC changed some rules that dictate the type of securities allowed to be held in money market funds. Some of the key requirements...
What is a Money Market Fund?
Do you know what it means when a portion of your account is in the money market? A lot of investors don't and feel silly asking. The funny part is that many people in the financial industry probably don't completely understand either. Tom and Brendan explain the money...
Money Market Funds No Longer Insured?
Taking Bear Stearns and Lehman Brothers out of the commercial paper market is like taking the umpires off the field in a Little League game.
My 401k: Should I Keep Contributing?
I received a phone call this afternoon from someone who found my firm online. The gentlemen has received no guidance regarding his 401k at work. Last July, he had $286,000 in his plan. Today he has $166,000. I asked him what he had been doing lately. He had moved...
Are you Receiving a 0% Yield For Your Treasury Bills?
It was reported this week that the Treasury Department sold $32 billion in T-bills at a yield of 0%. Yes, that's NOT a misprint: zero percent yield. These are treasury bills which mature in four weeks. Yields on these kind of investments have dropped from 1.75% this...
