I Am Grabbing These CD-Equivalents Before The Opportunity Disappears, Yields +5.5%
Jinda Noipho Co-authored with "Hidden Opportunities" As interest rates stay north of 5%, money market funds continue to see record inflows from retail investors. Investment Company Institute data shows total money market assets at $5.87 trillion. There are early signs of institutional capital moving out while retail investors continued piling on into these guaranteed instruments. There is no doubt that money market funds and CDs offer low-risk and steady interest income, and retail investors are rushing int ...