How Treasury Money Market Funds Work
The speaker stresses that investors should put their money into the safest investment which is cash, even if that means you will earn a very small return. This speaker believes that short term treasury bills will keep your money safe during the financial meltdown in the US economy. The speakers discuss his preference for treasury only money market securities.
The great thing about T-bills is that they are not governed by the $250,000 FDIC insurance rule which applies to FDIC insured accounts. Treasury bills are backed by the full faith of the US government and have virtually a 0% chance of default. The US treasury will guarantee all bonds that they issue.
The great thing about T-bills is that they are not governed by the $250,000 FDIC insurance rule which applies to FDIC insured accounts. Treasury bills are backed by the full faith of the US government and have virtually a 0% chance of default. The US treasury will guarantee all bonds that they issue.
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