Tuesday, January 20, 2015

Is fidelity gov ret money market safe?

Is fidelity gov ret money market safe?
100% Yes. They are the most well managed firms in the world. They are a solid company that have the resources to stand behind their funds. Don't confuse the investment firms on Wall St that have been in the news lately with them. They are not an investment bank. They do not lend money. They do not leverage their cash to get a higher return for their firm. It's apples and oranges. Their money markets would be the last ones to be concerned about.

No comments:

Post a Comment