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Gary Zimmerman, MaxMyInterest - SVB, FDIC, & Improving ROI on Cash | #471

The Meb Faber Show - Better Investing

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Money Market Funds Are a Pooled Vehicle

If I hold an account directly at a bank and my name is on the account, in my mind that's the safest, most liquid way to hold cash. A prime money market fund can hold repose, commercial paper, they can hold all sorts of short term instruments that bear more risk. They yield more because you're taking more risk but don't be fooled into thinking it's safe.

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