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Personal Finance and Investing

3Hotdogs

(13,485 posts)

6. High yield savings accounts give better returns and are also F.D.I.C. protected. The safest is U.S. treasury bonds.

Reply to bif (Original post)

Wed Nov 6, 2024, 08:11 PM

Nov 6

a middle possibility (yield v safety) 40% into Dow Jones index (symbol DIA). 40% into S & P 500 index (Symbol SPDR) and 20% into Nasdaq index fund. I don't know the symbol but any brokerage can find it for you.

The index funds may decline over a period of time, such as the 2008 fiasco. But over time, they will offer a good return, with the returns of the largest corporations behind them.

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Someone recommend moving money into Money Market Funds [View all] bif Nov 6 OP

I'm putting mine in CDs we can do it Nov 6 #1

If you look at the holdings of any Money Market fund, it is chock full of CD's A HERETIC I AM Nov 6 #4

Did Vanguard just transition your funds to a different type of portfolio Diamond_Dog Nov 6 #2

In about 2 years I'll be moving everything I can into... yourout Nov 6 #3

Do you think it will take that long with this administration? nt Ferrets are Cool Nov 8 #10

My recommendation to another DUer asking this: Don't do anything right now... lastlib Nov 6 #5

High yield savings accounts give better returns and are also F.D.I.C. protected. The safest is U.S. treasury bonds. 3Hotdogs Nov 6 #6

I've been in index funds for ages bif Nov 7 #8

Maybe move no more than 10% into money market as an emergency fund. 3Hotdogs Nov 7 #9

Thanks for all the great advice bif Nov 7 #7