Ask a Fool: Play It Safe With Money Market Funds?
In the following video, Motley Fool Stock Advisor analyst Jim Mueller takes a question posted by a Fool reader on a Stock Advisor discussion board:
I have some money which I'll need to use in 8-14 months. The standard advice (e.g., from Vanguard) is to put all of this into a money market fund immediately, but those pay really low rates. I know this is the safest thing, but I'm curious what a Fool would do?"
Making the right financial decisions today makes a world of difference in your golden years, but with most people chronically under-saving for retirement, it's clear not enough is being done. Don't make the same mistakes as the masses. Learn about The Shocking Can't-Miss Truth About Your Retirement. It won't cost you a thing, but don't wait, because your free report won't be available forever.
The article Ask a Fool: Play It Safe With Money Market Funds? originally appeared on Fool.com.
Jim Mueller owns shares of Coca-Cola and Johnson & Johnson. The Motley Fool recommends Coca-Cola and Johnson & Johnson. The Motley Fool owns shares of Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.