Money Market Funds are Crushing Banks

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Information Money Market Funds are Crushing Banks

Title	:	Money Market Funds are Crushing Banks
Lasting	:	12.31
Date of publication	:
Views	:	25 rb

Banks piss me off with their low rates of return I use a bank account to get my paycheck direct deposited and pay bills All of my cash outside of my bank goes to money market funds or investments
Comment from : Nicholas Martinez

What are the potential risks with these funds(Vanguard, Fidelity), especially now that the Reverse Repo Market is in decline? What would be an exit plan or is that a sign to get out now/soon?
Comment from : aa b

Porsches are more fun to store money in than savings accounts Or even money market funds
Comment from : Zorbacci O

Thanks for the financial advice and the recommendation 😉
Comment from : Chris Gutierrez

Thank you for this video Vanguard does have a Cash Plus account which is FDIC insured though it is by invite only right now I hope that does change so that every Vanguard customer can open that account
Comment from : Asphalt And Tacos

What happens to investors in treasury heavy MMFs if the debt ceiling isn't raised or if the x date comes at a time the fund managers didn't anticipate?brbrHaven't been able to find much on this topic but with this crisis seeming intentional I'm wondering if there is also a devious plan for those who fled to the perceived safety of MMFs that they're also going to pretend was an accident Hard to trust anyone anymore!
Comment from : Shawn D

Seriously bro Such great content Your doing great work!!!!
Comment from : the Daily Vent

This is amazing information Thank you for sharing 💪🏼
Comment from : Frankie J

SOJoebrDoes that mean if your money is at a brokerage account and in Tbills, you are insulated from potential Bail-In legislation?
Comment from : Billy Bob Mirango

Vanguard, Fidelity, Investco and possibly more have quietly closed their Fed/Treasury Money Market fund to new money as of last Friday (5-5-23) Nobody is talking about it 1mo T-bill rate skyrocketed 100 basis points in one day Scary stuff
Comment from : Berkut13

Do you know if Canadian banks have a net loss in deposits since SVB?
Comment from : Paul Grewal

How does this affect ibonds?
Comment from : Max Moskala

Vanguard money market paying 475brVMRXX
Comment from : mike m

I think its pretty clear, the fed is actively trying to destroy the banks, so they can be your new bank with CBDC
Comment from : seancarristhebest

So we're safer letting BR, Vanguard and friends hold our wealth? Yeah, I think I'll just stash coins in a sock and store canned food and bullets at this point
Comment from : 597

this is off topic, but have you heard about the IMF CDBC that was just launched: unicoin? I think it is designed to be a platform for ant CBDC of any country ? what do you think that implies?
Comment from : Filip

an amazing presentation
Comment from : Jason Dziak

Thank you very much
Comment from : jmcmob

Whats your opinion on the etf OPER? is it safer them BIL, SGOV or SHV?
Comment from : Luis Lopes da Fonseca

Thanks for another great video Learning tons from you
Comment from : Akiata Skirata

He says, here's a recommendation but this is not a recommendation 😂 Yeah and this is not a comment It is not composed of words This is not my opinion I do not exist Nowadays we can just say the opposite of what actually happened and no one bats an eye This is not limited to Heresy Financial, and by the way, I love his videos The world has gotten so silly
Comment from : Bob

Thanks for answering my question about where/how to move money to a money market account!
Comment from : humanyoda

You're great Cheers
Comment from : Pedro Haas - Macroeconomia

I dont blame people Treasusies actually give a better return than Cd"s I have an income of 6000/yr with interest bearing accounts
Comment from : Andre Daedone

Money Markets are way to go!
Comment from : Yahya Khan

VMFXX that's my jam
Comment from : YourBestFriend

I don't understand how you have only 188k subs You deserve a lot more for your effort and reserach Keep it up
Comment from : Penguin go brr brr

Ibkr will just give you the same amount by holding cash in the brokerage account
Comment from : jchong416

How often do brokerage firms rehypothecate the stock shares that YOU 'own' but are HELD in street (firm) name? Is this a counterparty risk that should be addressed when one does not have the stock shares registered in your own name?
Comment from : Richard Purdy

Let the garbage banks collapse stop socialism, How long FED and Reserve banks and taxpayers should babysitting the garbage?
Comment from : MrBodha

Just remember if you don’t hold it you don’t own it If you have 200,000 dollars invested i hope you also have a generator and a years worth of basic necessities…
Comment from : Treasure Time

Hmm, I'll have to reread my contract to see if I lent my money to the bank, and what terms I gave them, and what rate of interest I demanded, and what collateral they providedbrbrOh, wait, there was no such contract or agreement, that's rightbrbrOne sided contracts are void
Comment from : Murray McEwan

Joe some of us are going to pretend you didn't just try and get financial heretics to commit money to anything with the name vanguard on it for ethical reasons
Comment from : Matthew Blankowski

If you can't afford itrust and want BTC exposure in your retirement account, just buy MSTR It's also severely undervalued for the amount of BTC they own, so the upside is even greaterbrJust a thought I might be an idiot
Comment from : König von Preußen

Sure are at the tune of 1 trillion dollars! 2500 Banks are insolvent you decide?
Comment from : mw3516405

You lend your money to the bank and they turn around and try to charge you monthly fees, SMDH
Comment from : NW

Do money market funds pay out the yield monthly similar to a bank savings account ?
Comment from : Video Garage

Clickbait
Comment from : Truth Prevails

No need to buy SPAXX at fidelity It can be the default unused cash position in your account
Comment from : bigugly

I keep all my money in Schwab brokered 3-month CDs They pay 51 APY Is there any reason to switch to MMF ? I stay under FDIC 250K limit
Comment from : Matt

This is what happens when democan'ts are in charge Well, at least it's the Calishithole banks that are failing Good riddance
Comment from : Dennis Burdick

I moved my savings account balance into a money market fund (at my broker) 2 months ago Better returns and less risk
Comment from : Quix Omega

but WHY are money markets more safe than banks? It is literally all the fed's fault with over regulation and central planning interest rates
Comment from : Mike Nolan

Thanks
Comment from : Lenny

When I give my crypto to itrustcapital they do not let me stake it (except polkadot) , are they taking my stake from other cryptos? Why aren't they letting us stake other assets?
Comment from : truckdano

How about a money market fund through your bank?
Comment from : Dennis Pack

Excellent content 👌🏻
Comment from : Cole Marsh

What about high yield savings accounts ??
Comment from : Kenny Jones

I think the worst case for Federal debt is the Fed prints money to allow payment and rollover of existing obligations while a short-term debt ceiling crisis happens Eventually a debt ceiling deal will happen and the newly issued debt will pay off the Fed’s loan
Comment from : Head Librarian

There are some interesting edge cases If you have an investment that has been reduced to cash (sold or paid at maturity) at about the same time the bank(s) that hold your brokerage’s deposits goes under, what happens? You might have sent hundreds of thousands of dollars into a black hole It’s an unlikely accident of timing, but it’s possible
Comment from : Head Librarian

Didn't the Money Market "break the dollar" back in the late 2000s?
Comment from : Rocks and Oil

What are the differences between money market fund holding t bills vs holding repo agreements? Is there any difference in risk since both backed by govt
Comment from : Pfizzledizzl