Wells Fargo Sweep Fund
I openned a brokerage account with WFB and they offer different sweep funds, the safest is <2% FDIC covered. Below are the other choices. I tend to see money market funds as 'safe', I should never have too much in these in any case but I would like to make a good choice, how do you evaluate the risk/return on monry market funds? I am in the 25% tax level so I do not automatically jump at the California tax free but it does look pretty good.
SGCXX WF Adv California Tax-Free Money Market Fd-Cl A 2.98% WMNXX WF Adv Minnesota Money Market Fd-Cl A 2.91% NWMXX WF Adv National Tax-Free Money Market Fd-Cl A 3.05% NWIXX WF Adv Cash Investments Money Market Fd-Svc Cl 5.02% NWGXX WF Adv Government Money Market Fd-Svc Cl 4.97% MMIXX WF Adv National Tax-Free Money Market Fd-Svc Cl 3.26% NWRXX WF Adv Prime Investment Money Market Fd-Svc Cl 4.96% WFGXX WF Adv Government Money Market Fd-Cl A 4.82% WFLXX WF Adv Liquidity Reserve Money Market Fd-Inv Cl 4.75% STGXX WF Adv Money Market Fd-Cl A 4.75% WFTXX WF Adv 100% Treasury Money Market Fd-Cl A 4.32% PIVXX WF Adv Treasury Plus Money Market Fd-Cl A 4.71% DBGXX Dreyfus BASIC Government Money Market Fd 4.87% DLAXX Dreyfus Liquid Assets 4.69% DBAXX Dreyfus BASIC Money Market Fd 4.92% DUSXX Dreyfus 100% U.S. Treasury Money Market Fd 4.24%
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