Ever since 2020, short-term rates have been rather favorable for investors in comparison to history (remember when money market funds paid over 5% – the good old days!) As the effects on the pandemic have subsided on many fronts, the fed funds rate has steadily declined and has taken the market rates on cash savings […]

A silver lining of recent interest rate increases is the ability to earn some level of interest on cash balances. When reviewing the various options with a client recently, she asked what exactly a money market fund was and whether there were any risks associated with this investment vehicle. Let’s take a closer look at […]