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Opinions on Federated Money Market fund (PCOXX)
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What_If
Posted 1/13/2023 09:32 (#10037778 - in reply to #10037761)
Subject: RE: Opinions on Federated Money Market fund (PCOXX)


Southern Iowa
Reality speaks - 1/13/2023 09:25

its your classic money Market Fund, It invests in only very short term liquid assets and it keeps the share price at 1.00 trying to mimic a banks checking account. It compares very favorably to its peers in that it historically has been very safe. But all Money Market Accounts do not carry and FDIC insurance so its possible to suffer a capital loss but its very unlikely.




C


Are the TBills bought through a brokerage company "safer" for someone getting old and more conservative? Lol

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