asdf9876 said:Can I ask how something is "worthless" when you know the rate and all you have to do is go to any search engine, financial website, or brokerage and copy the ticker symbol?

Rather than taking 5 seconds to investigate an investment, we're supposed explain everything there is to know about every investment in a rate thread?

Did I ever ask anyone to memorize anything?

You guys seriously make investments without looking up a company first? Wow?

If not then what are you b1tching about? Has anyone else been including links with every individual post?

I was shot down when I tried to put it in the quicksummary. If you think it should be there why don't you add rather than whining?
Calm down, please. If you can provide a link that shows APY rather than the 7-day yield (the closest I found was Crane Data, which shows the 7-day effective yield, but requires registration), then I'll be happy to add it to the Quick Summary. Thanks.

Edited Quick Summary to add capping information for Reward Checking accounts and a note about Reward Checking accounts in order to make that more understandable.

Added Russell Investment Company Money Market Fund to Quick Summary. Wasn't sure how to fill in most of the fields, since one can invest in this through various financial institutions. Rate is expressed as 7-day yield, which is updated daily, and includes no compounding, so should be converted to an APY for comparison. This calculator will convert an interest rate to an APY. The compounded-daily APY was used in the Quick Summary for RMMXX.

Added $1 minimum and no hard pull to RMMXX.

Added no checks or debit card.

ACH will depend on your broker of choice so I put NA.

Removed flamebait "fw link" which talked about specific money market funds that are in trouble. It made no mention of RMMXX, specifically mentioned institutional "enhanced" funds which RMMXX is not, and in no way points to RMMXX being in trouble.

This would be analogous to me making every "bank" link a link to the FOMC lowering rates which means rates will probably go down. Yeah it will effect rates but it doesn't apply to that particular bank.

asdf9876 said:RMMXX down to 5.16%.

Where can you buy this? Does anyone have a list of brokers allowing trades of rmxx with no fees. I saw that wells fargo was mentioned but I don't seem to be able to trade with TDAmeritrade or Fidelity. I was unclear about whether it would work through scottrade because I didn't submit the transaction request but it looked like a no go.

Emigrant Direct down to 4.55% from 4.65%.

I don't have any problem with show the rates for FSLXX and RMMXX, but they change daily and I won't be updating them that often. There will probably be more confusion about money market's 7 day yield verses APY, but hey someone will probably learn something.

aptvictoria said:For FSLXX, this URL could be entered in the notes section http://personal.fidelity.com/products/funds/mfl_frame.shtml?316390814 . Unfortunately, an additional step is needed - click on Performance and Risk for Compound Effective Yield (the APY-equivalent number). This last page doesn't appear to have its own URL.
After some refinement, the set up for RMMXX now looks like a good model for other money market funds, including FSLXX. In the Notes column, FSLXX. This gives you the current 7-day yield. With the APY calculator also linked, it makes it easy to show the APY in the APY column. In the Bank column, sometning like, Fidelity Select Money Market Portfolio (or MM for Money Market).

Russell MMF (RMMXX) down from 5.16% APY (1/7) to 5.13% APY (1/15).

The note fields was getting too long and it doesn't wrap (it'd look ugly if it did). I just added number so the longer comments can be written down at the bottom. Is there a way to put the footnote symbol in? I just used an asterisk, I assume its obvious what is meant.

† there it is.