Low Risk, No Gain: It’s Time to Dump Your Money Market Mutual Fund
Filed under: Investing, JP Morgan Chase, Goldman Sachs
Thanks to rock-bottom interest rates, it’s harder than ever for cautious savers to get the income they need from their savings. Many have fled from safe vehicles like CDs to dividend-paying stocks in an effort to squeeze a decent return from their money, even though stocks carry the very real risk of losing principal.
For those who aren’t willing to bet on stocks, the other options aren’t very appealing. And one popular choice that investors have used for decades now faces a huge threat…
Low Risk, No Gain: It’s Time to Dump Your Money Market Mutual Fund originally appeared on DailyFinance.com on 2012-07-10T08:44:00Z.
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