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Anyone using Money Market Funds

5668 Views 3 Replies 4 Participants Last post by  CanadianCapitalist

I was wondering, is anyone out there still using/buying money market funds? Or is everyone going with high-interest savings accounts?

I'm trying to determine if there's anything better than PC Financial, DYN500, etc.

(Great new forum btw)
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I don't but never did.

I'll likely buy some in my RRSP account since it pays ZERO interest and I obviously can't get cash in and out into high interest savings accounts.

Outside the RRSP, never considered, and unless something changes (i.e. they offer better rates than high interest savings accounts), I won't.
I know that Laurentian bank was offering a saving bank account at 3.5%. I don't know if it's still available though..
I use Money Market Funds typically in RRSPs for parking money temporarily. They pay little or nothing now but that's not always the case.
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