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Are Money Market Funds a Safe Place To Stash My Savings?

Clark Howard: Save More, Spend Less 95 views

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I Hit $12,590 k today Thank you for all the knowledge and nuggets you had thrown my way over the last week i started with 3k last weerk now i just hit $12,590…
Comment from : @HumbleB-f1n

Help help help! Please!
Comment from : @coffeewithjack

As Custodian of state of Hawaii Department Of EducationWhat is our share investmentlike bonds portfolio or others because i don't Know what I'm doing to access our portfolio
Comment from : @Jrplantito

I believe the rates are going back up again which is good for the money market
Comment from : @Priority57

Is the tax fee municipal fund liquid?
Comment from : @denadavisteam4197

After the fed interest rate cuts, those funds are only paying 1 less now like 4 12/2024 But not bad with the stock market finally going into a correction anyway now Stocks bleeding away
Comment from : @jeffhogueison1656

There is a chance the United States Treasury will default this year and by May run out of money I'm nervous about keeping my money in a money market fund that is invested in US treasuries
Comment from : @HoraceWillowby-wp4ky

What about a company like Edward jones ? PRIME CASH OBLIGATIONS FUND
Comment from : @JSkyjsky

HOLY NFL-HEADSET, BATMAN!
Comment from : @psps6623

Scary under the current weak leadership 🇺🇸
Comment from : @TheRalf9999

No thanks
Comment from : @larryanderson1440

Since money markets are a safe investment What would be the best money market to invest in since they are all safe but so many to choose from?
Comment from : @Dhi-fe5eu

The constant changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the unstable market
Comment from : @lilliankerr-z7c

Why didn’t you say what IS a good company to use? Do a search and all you find is the companies you mention are not full commission I cannot even find what full commission means
Comment from : @thriftyninja0075

Hello Clark Thank You
Comment from : @kevinmoore9524

so is Merrill Edge not ok?
Comment from : @sandralima3171

0:46 Discount Brokerages (Big 3)
Comment from : @JLW667

Money markets allows individual investors to invest big amounts of money in a low-risk setting
Comment from : @staceyconnor725

Ever notice this guy gives advice but NEVER answers any questions Maybe he isn't as bright as he thinks he is
Comment from : @thomaschadwick4699

Money Market Fund pay the most and is ultra safe and depending on your broker look for VUSXX, SWVXX,/SNVXX, SPRXXbrHigh Yield Savings is FDIC insured from pretty much any bank, ultra safe but pays about 1/2 to 1 percent lower than money market funds Find any major bank you recognize that pays the mostbrFunds that invest only in Treasury bills: TBIL, VUSB, SGOV, BILbrThere are countless other bond funds brCDs should be the very last thing you ever consider
Comment from : @wackzingo

Cash in a 401k too a money market, WOW,,,,,
Comment from : @TommyG11814

Sure great investmentsyou get 5 per cent and inflation is 8 you losebuy growth company funds and hold If you cannot hold for years do not invest😊 I like VGT an ETF by Vanguard but you have to hold it!! 10 years! Time is the key folks!
Comment from : @Jack51971

Every single penny is in money markets and CDs Never invested since I don't want to lose half my money It's all in the bank safe
Comment from : @miketheyunggod2534

Recently sold off a lot of stock (Vanguard) due to the weirdness over the past few years Swept it into VMFXX (Fed M’Mkt) and agree it is safer there, climbing/reinvesting at a consistent rate Plan to leave it there until interest rates come back down and the economy improves
Comment from : @sboy1955

Depends on the underline assets of the money market fund The one I keep my emergency fund in is 100 1-3 month US treasury bonds The money market fund itself is SIPC insured up to 500k$ by the US government So, if I lose money, it means the US government has defaulted for the first time in its history Also, the world as we know it would likely be in epic turmoil shortly afterwords do to the US defaulting, so your cash would likely be worthless shortly afterward anyway
Comment from : @FinDDYouTube

what if treasury delays repayment of matured T bonds ? econocrashbrbrcant happen , you blurt ?broh you have evidence do you ??????????????????
Comment from : @duggydugg3937

Typical clark howard answer He turned simple issue into very complex, very confusing By just rambling on and on What a crook
Comment from : @centralgroupllp3933

Question: I have 1/2 my savings in the stock market diversified and the other half in cash I want to know what I should do with my money in the bank to gain safe interest with low to zero fees with no risk of losing money should the govt wish to come into our bank accts and steal our money or if the market crashes Should I stay w my stock portfolio as well? I am retired and live on my retirement I want to keep my money safeany suggestions would be appreciated Thank you Clark
Comment from : @JAD886

Thanks for the great details brMy question: What happens to money in a government money market fund at a financial house such as Fidelity, incase the US government defaults on its debt obligations? brbrWill SIPC insure this money?
Comment from : @vaibhavverma9958

JudeReggie and everyone replying to JudeReggie is a shill for a financial advisor who may or may not be worth your time But if it looks, acts and talks like a shill, perhaps it is a shill - and perhaps really good financial advisors do not require shills to promote them in comment sections of other people's financial videos?
Comment from : @bradlee2594

Thanks Clark I love listening to your show and Krista is great too!
Comment from : @christineranieri487

Clark, bless you!! I have a question and am not sure how to find you to askIs brTEMU safe and do you advise it? I have to tell you that I feel like a traitor when I order I've ordered twice and liked the products
Comment from : @pquack51