Money market mutual funds are certainly very liquid, there is no penalty for withdrawing your money and the mutual funds that run the account invest in only short term debt instruments like U.S. Treasuries and short term commercial paper. Risk, however, does exist. First, money market mutual funds are securities and have the inherent risk of potential loss of principal. Investor losses in money market mutual funds have been rare, but the loss of principal is possible. Second, the rate of return is variable. Past performance on all mutual funds is no guarantee of future returns and this holds true for money market mutual funds as well. Lastly, is the opportunity cost of investing in a relatively secure short term investment that has a comparatively low rate of return. This opportunity cost is the risk that a greater rate of return exists with higher risks or more importantly, that the low rate of return you receive will not keep pace with the rate of inflation.
Rates Current as of Friday February 10, 2012
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Banks
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Bank Routing Numbers
Credit Union Routing Numbers
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Federal Funds Rate
LIBOR Rate
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Key Bank CD Rates
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Credit Union CD Rates
Wells Fargo CD Rates
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MetLife CD
Huntington CD
State Farm CD
Commerce Bank CD
Union Bank CD
Best Online Bank
Best Online Savings Account
High Interest Rate Savings Account
High Interest Rate Savings Account
Best Interest Rates on Savings
Direct Savings Accounts
Capital One Rates
US Bank Rates
BB&T Rates
Refinance Mortgage Rates
Jumbo Mortgage Rates
FHA Mortgage
Compare Mortgage Rates
Chase Mortgage Rates
Wells Mortgage Rates
US Bank Mortgage Rates
TD Mortgage Rates
SunTrust Mortgage Rates
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HSBC Mortgage Rates
20 Year Mortgage Rates
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VA Mortgage Rates
Chase Bank Mortgage Rates
California Mortgage Rate
New Jersey Mortgage Rate
New York Mortgage Rates
Florida Mortgage Rate
Massachusetts Mortgage Rates
Michigan Mortgage Rate
Missouri Mortgage Rate
Illinois Mortgage Rates
Texas Mortgage Rates
Mortgage Rates in Pennsylvania
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Washington Mortgage Rates
Georgia Mortgage Rates
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