Originally Posted by netsurferrr
I have been wondering a lot about this kind of "may loose value" & non-FDIC daily sweep money market funds with variable daily interest rates. I have tried to do some research on
www.fool.com but cannot find any answer to my concern. How likely it is for these funds to fall below $1 a share?
If a money market ever falls under $1/share, money is the last thing you'll have to worry about. SEC rules are pretty conservative in this regard.