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Author: aNobleWoman Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35400  
Subject: MMMutal Fund - Yields vs Maturity Date: 12/8/2002 5:34 AM
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All,
I previously posted this in the Tax Strategies board,

http://boards.fool.com/Message.asp?mid=18255265

but it was suggested to try the post here to get broader input
I had a couple questions about Money Market Mutual Funds.

I was reading another post directed to the page:

http://www.ibcdata.com/mfs/tables.htm


1) when considering which to choose - should I look at the
shortest Maturity days vs the highest yields ?

Does the shotest maturity day period mean that the interste is posted
at the end of that period (ie: a 32 day fund posts interest every 32 days)?

2) which yields should I consider: 7- day OR 30-day or neither ?

3) how do you know whether to choose a tax-free or taxable.
any simple determination?
it was suggested that if I am in 38.6% tax bracket, I should use the tax-free. I am in the 30% bracket.(Over 65K, but under 90K)

4) with regard to earning interest, how does a Money Market Account vary from a Money Market Mutual Fund---?

I know that a a MMA is like a 'high interest bearing savings acct',
and that a MMMutal Fund is a mutual fund that invests in short-term instruments.

What if I don't have more than $1500 to deposit, should a MMA be the
first choice before a MMMF....or vice versa?

Thanks for your input.
Nubian
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