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Personal Finance and Investing

bif

(24,155 posts)

7. Thanks for all the great advice

Reply to bif (Original post)

Thu Nov 7, 2024, 07:56 AM

Nov 7

I think I'll wait a bit (maybe a month or two) then transfer 1/2 my money into MMFs. Then when it look like Dementia Donny has totally wrecked the economy and the stock market crashes, I'll put the rest into MMFs.

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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