Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

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vectorizer
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Joined: Sat Mar 03, 2007 3:52 pm

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Post by vectorizer » Tue Jan 09, 2018 9:24 am

Thank you thread ... I had fallen asleep on monitoring Prime MM, would not have noticed for a while that it beats Ally online savings (where I am now). Moving back into Prime MM will make cash management easier especially as we transition from working to retirement (from saving to distribution).

aabcd
Posts: 5
Joined: Sun Jan 07, 2018 8:23 pm

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Post by aabcd » Sat Jan 13, 2018 11:12 pm

It’s 1.42% now

lack_ey
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Joined: Wed Nov 19, 2014 11:55 pm

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Post by lack_ey » Sat Jan 13, 2018 11:16 pm

aabcd wrote:
Sat Jan 13, 2018 11:12 pm
It’s 1.42% now
For many, the municipal money market fund would be better at 1.22%. These rates jump around, though, so it may not last.

ThePrince
Posts: 169
Joined: Sun Aug 20, 2017 9:15 pm
Location: U.S.A.

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Post by ThePrince » Sat Jan 13, 2018 11:28 pm

Barclays savings account is presently paying 1.40%.

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