Monthly archive for November 2013

A Timely Recommendation From Santa Claus

Camping Tip Of The Day

Santa recommends banks, not money market funds. Park your money in a safe (FDIC insured) bank instead of a money market fund (which is not guaranteed).

Keep in mind: money market funds actually fluctuate in price, but the companies add money to make up for deviations… at least for the moment. Money market funds are actually very short term bond funds. Bonds can, and do, go down. If rates rise, it could get nasty. A few years ago, a major money market fund “broke the buck” and lost savers millions.

Capital One, a U.S. based bank, features:

  • Higher yields.
  • Safety (FDIC insured)
  • No minimum balance.
  • NO fees.
  • Join millions of savers in seconds.

Money market funds are ultimately going to “float” their NAV (share price), “breaking the buck”, to the chagrin of millions. Don’t tumble down that slippery slope.

Try Capital One without any risk.


Ho, ho, ho!

Santa Claus

P.S. Tell them Santa sent you!

Please click here to provide a comment on the above post.
Pat Reynolds, Sr Editor at Feel free to repost this anywhere with a link to
Home l About Us l Ezine & Blog Updates l FAQ/Contact l Submit A Comment
List Of Sites l Privacy Policy l Site Map l Terms and Conditions

Bookmark and Share This Site
© Copyright 2004 - 2017 Camping Supplies List. All rights reserved. Designed by Brian Gardner.