Interest on money market funds
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Interest on money market funds Our club switched from etrade to a broker who uses Liberty Partners Financial Services for his accounts. Last year there was interest on the cash. This year not a penny to date. I've asked him to look into it but have not received an answer. I'm looking to the more experienced treasurers for an opinion. Would you be concerned at the lack of interest? Carol Nelson Concord Area StockHolders Hi Carol, I don't think many of us are receiving much more than a few cents of interest on our cash balances these days. However, it certainly seems appropriate to expect an answer from your broker to your question. Laurie Frederiksen www.bivio.com |
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