Comments on: Nickels and Dimes (part 2)

By: Mortgage follies, con’t « many good things

Mortgage follies, con’t « many good things — Tue, 28 Oct 2008 16:54:22 +0000

[...] shouldn’t be easier to buy a house than a car. You should be able to invest your savings in a money market account without worrying about losing it, or having it frozen right when you might need to access it. Of [...]

By: Pork with Bones

Pork with Bones — Fri, 10 Oct 2008 07:20:28 +0000

Oh, and as someone said above (though I wouldn’t put it in such vehement terms): when you’re trying to build up your savings, it’s far better to cut the student loan payments down to the minimum than to cut back on retirement plan contributions.

By: Pork with Bones

Pork with Bones — Fri, 10 Oct 2008 07:19:08 +0000

For the moment, the US Treasury is guaranteeing money market funds (assuming the fund chooses to participate). Press release here. I don't know if that will be any help for people invested in the one(s?) that have already broken the buck, though.