SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.40-1.1%Dec 17 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KymarFye who wrote (74425)4/7/2001 7:41:00 AM
From: Square_Dealings  Read Replies (2) of 99985
 
<When was the last time, if ever, that money funds were seriously threatened?>

After the 1930 stock market crash. The public lined up outside the banks to withdraw the 10% of their funds they we're allowed to withdraw and the rest was lost.

I think its a good idea, as George C. has suggested, if you have uninsured money funds to look for a government bond or gold to store it at least temporarily until the dust settles out from a possible credit collapse.

M.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News