Investors have tough choices now with yields for money market funds on the rise

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Investors have tough choices now with yields for money market funds on the rise (via CNBCFastMoney)

The " Fast Money " traders are looking to capitalize on the rising yields in money market funds and dividend-paying stocks. The largest taxable money market funds, as ranked on Crane Data's 100 list, are yielding an average 4.18% as of Feb. 2 — returns not seen since the financial crisis. It comes as quality dividend-paying stocks are also generating solid returns. But which is better? In Tim Seymour's case, it's cash.

82 trillion in total assets the week ended Feb. 1, according to the Investment Company Institute. Higher-return dividend payers, which carry more risk, may be an option for investors looking for safety right now, too. "We're in the high-quality dividend camp," said Michael Contopoulos, Richard Bernstein Advisors' director of fixed Income. "They did great last year, certainly on a relative basis to the equity market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines