Dry Powder: Where to Park Your Cash
Many Happy Returns
Money Market Funds
The total financial assets of money market funds are over $5 trillion. But would you be comfortable just holding them as more or less cash? As long as you don't confuse it with money, because I think that was a problem. People assumed that a dollar in a money market fund was like a dollar in their pocket. Not true. It's money like it's cash like, but it isn't cash. They should really change the name of it, shouldn't they? Yeah. Money-ish market funds. Do you hold one? If so, please email stephanie.smith@mailonline.co.uk.
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