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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (34746)	3/13/2001 8:50:36 AM
From: bonnuss_in_austin	Read Replies (1) \| Respond to of 35685

'Morning, Poet ... speaking of market info <g> ... ... I have a question that is extremely stupid ... RE: money markets. When you have cash in accounts w/brokerages ... Fidelity, for example ... sitting in their money market funds, the rates fluctuate (that much I know). These Fidelity money market funds are 'guaranteed' -- or insured against losses -- by no one, correct? Certainly not the FDIC. Therefore, is there ANY possibility that the cash itself could be lost? Not the interest -- that could go to zero, correct? The capital. I never thought about this until now. <g> 'b-i-a' ###