Right - I saw the CFC mmf/savings - LOL, Ya Right!!!Quote from blackjack007:
those australians and new zealanders are getting 7% right now.
if you're in the usa.... depending on what state you live, i'd consider the tax-exempt mmf's. their tax-equivalent yield is around 4 to 4.4%.
i wouldn't touch that countrywide mmf/savings with a 1000' pole.

Quote from HedgefundTrader2:
Feeling the pinch of Interest rate cuts? That's e x a c t l y what Feds have in mind.
There is no place to park that cash but to diffuse in REAL ESTATE or other asset classes such as STOCKS & EQUITIES. When you buy those assets it starts a whole new cycle...
I am glad economy is feeling the ripples of Fed rate cuts. After all it will disappoint lots of people and NOURIEL ROUBINI our prophets of doom and gloom that we did not slip into a recession and housing came back to its feet.