Tuesday, October 21, 2008

 

Times may be too risky for money market investment

Dear Rick: I am an hourly worker at General Motors. I have a portion of my check put into an account called a demand note which is a money market account at Mellon Financial. The money is not insured. Should I withdraw the money and deposit it into an account which is insured? The note is paying a little over 5 percent...

HomeTownLife: Times may be too risky for money market investment

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