How do I know when I have lost money?.........?

Question

in a Money Market Mutual Fund account ??

Answer 1

first you need to know the units that you hold. Then the numbers of units time the current price. If the total sum is less then the initial capital then you lost money.

Answer 2

They don't usually lose money.  Remember, you have not lost anything until you sell.  If you sell for less than you paid, you've lost money.  If you just keep the money in there - you havent lost anything yet.

Answer 3

Somebody will warn you at your back.

Answer 4

Look at your statement.  I haven't seen a money market fund yet that has lost money.

Answer 5

just look at your balance online.  if it's less than what it was yesterday (or whenever) then you've lost money.

but it would be really, really rare (though not impossible) to lose money  in a money market account.

Answer 6

when its not in youur wallet!