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GOVERNMENT MONEY MARKET FUND as of 1130 Weighted Average Maturity WAM Weighted Average Life WAL Security Description Group or Sp Form

GOVERNMENT MONEY MARKET FUND as of 1130 Weighted Average Maturity WAM Weighted Average Life WAL Security Description Group or Sp Form

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now this is from Cheryl in Ohio after hearing you say Fidelity offers over four percent interest on cash reserves I called to transfer my traditional IRA to them when Fidelity explained that it's a money market account and is not guaranteed to not lose money I was a bit confused is this a safe investment for my cash reserve for cash reserves okay wonderful question and one that is confusing all right so money market fund that has a fixed share price of a dollar a share is incredibly safe it does not have FDIC Insurance don't worry because if you go into a Fidelity money market account that is a U.S treasury fund or a government securities fund and this would also be true at Vanguard or Schwab the big three of uh Financial houses in the United States that are not full commission brokerages you don't want to be with a full commission brokerage any Bank related Brokers don't want to be with um you will be earning in this General territory four point somethi

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