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March 23, 2011
Choosing Your Financial Professional

Choosing your team of financial professionals, and especially those who may advise you on investment decisions, takes some careful planning and reference checking on your part. You need to have a very clear understanding of the services and associated costs when hiring a financial professional.

February 20, 2011
CDs and Money Market Funds

CDs and Money market funds are both considered short term safe investment options. CDs offer a slightly higher yield than Treasury bills because of the slightly higher default risk for a bank but, overall, the likelihood that a large bank will go broke is pretty slim.

On the other hand, Money market mutual funds are a type of mutual fund consisting of high quality, short-term debt instruments such as Treasury bills and short term corporate IOUs. Like all mutual funds, money market mutual fund (MMMF) portfolios are professionally managed and a management fee is charged against fund assets to cover this expense.
 

CDs and Money market funds are both considered short term safe investment options. CDs offer a slightly higher yield than Treasury bills because of the slightly higher default risk for a bank but, overall, the likelihood that a large bank will go broke is pretty slim.