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Personal Finance

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Total money market mutual fund assets rose by $54.01 billion to $3.472 trillion last week, the Investment Company Institute said.

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McGruff
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Judge it!
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#1
May 10, 2008
 
I like how this story delivers no point.
bono
AOL
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#2
May 11, 2008
 
big mistake , all these people will get 3% and miss the market rise when it happens and 8 to 12 % returns....stay in the market
truth
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#3
May 11, 2008
 
buy muni's -higher yields and tax free
Biker
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#4
May 11, 2008
 
I think the point is money is moving out of somewhere, like the stock market.
Wiz
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#5
May 11, 2008
 
People are putting money into money market funds as opposed to stock funds. In some cases it is money coming out of stock funds and into money market funds. This happens every time there is a down period for the stock market. Just another example of investors being their own worst enemies. Many of these dollars will flow into (or back into) stock funds after the stock market goes up for a period of time. Which simply means people are buying at higer prices. Or worse yet - selling low then buying high. People wait until "things get better" to invest in stocks....which simply means they wait until the media reports good days in the market. And then they get in....and probably stay there until the next dip in the market. It is a moronic behavior pattern but one followed by many people. It will probably never change as people are motivated by fear and sell after the down times, and greed drives them to invest after the market's upswings.
qzone
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#6
May 17, 2008
 
Wiz wrote:
People are putting money into money market funds as opposed to stock funds. In some cases it is money coming out of stock funds and into money market funds. This happens every time there is a down period for the stock market. Just another example of investors being their own worst enemies. Many of these dollars will flow into (or back into) stock funds after the stock market goes up for a period of time. Which simply means people are buying at higer prices. Or worse yet - selling low then buying high. People wait until "things get better" to invest in stocks....which simply means they wait until the media reports good days in the market. And then they get in....and probably stay there until the next dip in the market. It is a moronic behavior pattern but one followed by many people. It will probably never change as people are motivated by fear and sell after the down times, and greed drives them to invest after th
e market's upswings. I am a stupid moron BTW
No you moron. It means that lose 15% and wait till the overpriced stocks return to normal than buy it at a discount.
Showing posts 1 - 6 of 6
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