money market funds safety
Sunday, April 4th, 2010
ING Savings or switch to a money market fund?
Dear Experts, my wife and I have been saving for a house since years ago. money in the ING account online. With the current credit crisis, my goal is to ensure that the money is there when we want to buy a house next year. I have to leave the money in ING or simply move to a money market account with our Credit Union FCU Marina. The security, availability and accessibility is a concern here. We will finance the house through the body, so I think seriously the transfer of funds to once and for all, but I'm also interested to acquire a right to make it grow a little more. If Please send your tips polite, but sincere. Thank you
While the amount of funds that have been filed in both ING and Navy FCU is less than the total insurance available for funds, you'll be fine. Choose the institution that pays an interest rate. Hope this helps. Good lucky!