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Money market funds are invested in short-term securities that provide income to investors. Typically the funds are invested in U.S. Treasury obligations (e.g. Treasury bills) or commercial paper (e.g. corporate obligations). Money market funds are popular because the principal invested is extremely safe. Most money market funds allow the investor to write checks on his/her account.

On the Web:

Bankrate's Money Market Page  Covers money market rates & news from Bankrate.com, a site which focuses exclusively on current rates for over 100 different financial products.

Dreyfus Guide to Investing  Use the tab for Market Commentary to get current reviews of the money market provided by a Dreyfus Senior Portfolio Manager.

imoneyNet  Money fund report averages, latest money fund news, weekly MMF rankings, and more.

Instruments of the Money Market  From the Federal Reserve Bank of Richmond, this online book covers topics including a general overview of the money market, federal funds, money market futures, and more.

Investment FAQ  Simple description of money market funds.

Money Market Mutual Funds  From Ameritrade; covers the basics concepts of money market mutual funds.

Money Market Tutorial  From Investopedia.com, this tutorial provides an introduction to the basics of the money market.

Money-rates.com  Posts current money market rates.

In the Library:

Many books on investment include money market funds as an investment strategy and even older investment books provide reliable information on money market investing because the investment instruments tend to remain secure. The Dow-Jones Irwin Guide to Bond and Money Market Investments by Marcia Stigum is an old but extremely thorough discussion. Click on a title below to view its availability status or to place a hold.

Check the Library online catalog under "money market" or "mutual funds" as subject headings or use a more general subject heading such as "investments." 

Go to the Library catalog

On the Library network:

  • Business & Company Resource Center
    Provides indexing and full text articles from general and specialized business journals. Look under topics like "Money Market," "Money Market Accounts," "Money Market Certificates," "Money Market Funds," or look for a specific account such as "Dreyfus Worldwide Money Market Fund."
     
  • Infotrac OneFile
    This general periodicals database includes many business and consumer publications. Try searching on the keywords listed above. Infotrac is a large periodicals database featuring the full text and citations for newspaper and magazine articles.
     
  • Newsbank
    Search for full text newspaper articles on money markets. Consists of two databases: America’s Newspapers, which indexes the full text of the Los Angeles Times, Chicago Tribune, Christian Science Monitor, Orange County Register, San Diego Union-Tribune, USA Today, the Washington Post, and the San Francisco Chronicle from roughly 1985 to the present; and Noticias en Español, which provides full text articles in Spanish.

Go to the Library's databases  

 

This page was last modified on 09/09/2008

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