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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (201680)5/11/2009 9:12:06 PM
From: Wyätt Gwyön of 306849
 
"core account" stuck into Munis.

my "core account" at every broker is T-bills. brokers are hostile to T-bills because they don't make any money off them. i think they make more money on MMFs than on trading fees. look at the garbage that inhabits your garden-variety MMF these days in order to provide you with less than 100 basis points of yield. truly a time of return-free risk, we live in.
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