introduction
Whenever a bear market comes
along, investors realize (yet again!) that the stock market
is a risky place for their savings. It's a fact we tend to
forget while enjoying the returns of a bull market. Unfortunately,
this is part of the risk/return tradeoff. To get higher returns,
you have to take on a higher level of risk. For many investors,
a volatile market is too much to stomach - an alternative
is the money market.
The money market is better known as a place for large institutions
and government to manage their short-term cash needs. However,
individual investors have access to the market through a variety
of different securities. We will learn about money market
instruments in this tutorial.
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