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The average money manager turns over his or her entire portfolio once a year, but these managers generally keep their stocks for two years or more.
The average money market fund is yielding just 4.34percentt, down from 6.09percentt at the start of the year, according to iMoneyNet.
The average money account declined by two basis points, to 6.39percentt, while a three-month certificate was unchanged at 7.92percentt.
The average money market return at commercial banks and mutual fund companies is similar -- about a half-percent a year -- but the best bank rates are higher than the best rates offered by fund companies.
The site surveyed more than 660 bridesmaids about wedding expenses, finding that the average money spent was highest in the north-east, $1,466, and lowest in the midwest, $1,178.
Mr. Van Wagoner and Robert E. Turner, the chief executive of Turner Funds, both rearrange their portfolios far more often than the average money manager, seeking stocks whose earnings and price gains have the greatest momentum.
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The average money-market fund costs half a percentage point annually, according to iMoneyNet.
The average money-market fund and one- and two-year bank certificates of deposit yielded less than 0.7 percent as the second quarter ended, according to Bankrate.com.com
But Paulson thought that this was too technical for the average money-market-fund investor and wouldn't be enough to stop a run.
But all the rates at banks on the list beat the national average savings account rate of 0.25 percent, and the national average money market account rate of 0.29 percent, as reported by the Federal Deposit Insurance Corporation.
The 1% cash back it pays equals the current, average money-market-fund yield.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com