|
In response to
"Many retirement funds have a "stable" Money Market option which is at risk during a default. -- (link)"
by
budice
|
This is just fear-mongering. Fidelity Investments has the largest money market funds in the world. Last week they annouced they've already divested
Posted by
decline (aka Decline)
Oct 14 '13, 06:51
|
of all short term US Treasury debt instruments that are due on or around the 17th.
The fund companies are more than ready to deal with the debt issue and I don't see any funds 'breaking the buck'.
|