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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (203114)11/7/2002 12:25:21 PM
From: Tommaso  Read Replies (1) of 436258
 
I sold my BEGBX a couple of days ago because I could take long term capital gains and because I wanted to put the money into the short side of the market, but if I can nail down some quick profits I may roll it right back into BEGBX.

I'd like to hear more discussion of the safety of money market funds denominated in US dollars. Losing 5% in case of a forced liquidation of a fund wouldn't be so bad. People lose more than that every day in the stock markets. But is there any way to lose larger amounts? I don't think these funds have ever really been stress-tested since they were invented.
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