Ford Motor Credit
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TooTall
Mar 24, 2006, 7:26:41 PM3/24/06
to Bonds & Fixed Income
Ford motor credit money market is paying 5.62% compounded. Have a a
friend that has an account is happy. Anybody have comments about this
investment.?
friend that has an account is happy. Anybody have comments about this
investment.?
Bond Guru
Mar 29, 2006, 3:37:06 PM3/29/06
to Bonds & Fixed Income
That is a pretty nice yield for a money market equivalent investment.
However, I think whether this is a good investment for you depends on
your personal risk tolerance and how much relative to your total
portfolio you are thinking of investing. Since Ford Motor is not
investment grade any longer and these are floating rate notes and you
are buying a non-diversified investment and they are not insured in any
way, you are taking on quite a bit more risk for an additional 1/4
point.
However, I think whether this is a good investment for you depends on
your personal risk tolerance and how much relative to your total
portfolio you are thinking of investing. Since Ford Motor is not
investment grade any longer and these are floating rate notes and you
are buying a non-diversified investment and they are not insured in any
way, you are taking on quite a bit more risk for an additional 1/4
point.
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