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Sharebuilder Money Market Account Archived From: Finance

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alert mods    
   posted: Mar. 24, 2006 @ 8:43a

I have a question that I know the good people of Fat Wallet can help me with. I opened a ShareBuilder account a couple of months back and they have credited me my $25 promotion. ShareBuilder's money market account shows 3.81% interest after 32 days of maturity, meaning my account balance earns 3.81% after 32 days.

The fund that ShareBuilder uses is RBB FUND, INC. - MM PT BEDFORD (NasdaqSC:BDMXX).

Here is a link from Yahoo :http://finance.yahoo.com/q?s=BDMXX

Would this be better than keeping my money in my HSBC Savings Account??


   posted: Mar. 24, 2006 @ 8:43a
Message edited by: slimcustomer on 2006-03-24 09:15:22 CST
alert mods    
   posted: Mar. 24, 2006 @ 8:50a

I would do the ShareBuilder Money Market, because it only pays 3.81%.
The HSBC one pays 4.80% so you will have to pay more taxes on it.


alert mods    
   posted: Mar. 24, 2006 @ 9:07a

zoop76 said:I would do the ShareBuilder Money Market, because it only pays 3.81%.
The HSBC one pays 4.80% so you will have to pay more taxes on it.

If we don't want non-american's running our ports, why would
we want them having our MMA $. Another reason to stick with ShareBuilder!


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