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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: John who wrote (254691)8/8/2003 8:10:25 AM
From: orkrious   of 436258
 
Just over 3 years ago, my Money Market fund (MPIXX) was paying a healthy 6.20%. Now it's paying a paltry 0.18%. I fear the 1:1 ratio may eventually become unstable. Scary stuff. Any thoughts?


I now longer own money makret funds. Cash in brokerage accounts is kept at roughly $100k and excess cash is in tbills.
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