If you are a conservative investor, you may have a significant investment in money market funds. If you do, you may have been shocked by what has been happening with them over the last few days. While money market funds are much lower in risk than other funds, there is always a risk when it comes to money, even if you lock it up in a safety deposit box or tuck it under your mattress (then the risk is inflation).
If you are worried, I recommend you read this article: Your Money – Money Market Funds Enter a World of Risk.
It’s a good article, and there are some reassuring things you can read and consider.
Finally, remember: there is always a risk. If you are a conservative investor, you simply want to minimize that risk and still profit from the money you do have. Money market funds are still a good way to do that.
(Photo of an old vault door from Daniel Leininger’s photostream on flickr)
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