ouch, just realized my money market acct. is only giving me 1% interest, any good MUTUALFUND, ASAP!!!

abc

Diamond Member
Nov 26, 1999
3,116
0
0
I was thinking something from Fidelity? 3.5 to 8% possible return would be fine, i gotta shift about 10,000 quick!, thanks, i've bought a mutual fund before.
 

jadinolf

Lifer
Oct 12, 1999
20,952
3
81
Here's what I did. My money market started at 5.41% and just recently dropped to like 1.34%. At this point I bailed and put my money in a Washington Mutual Platinum account at 4.0% leaving just a few thousand in my original money market. Now the original is up to 1.84%. Look around to see if any other banks are offering around 4%.
 

Russ

Lifer
Oct 9, 1999
21,093
3
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Kind of tough to get any kind of return in cash instruments these days.

abc,

I like the Vanguard group of funds. No-load, moderate fees and a wide variety from which to choose.

Russ, NCNE

 

dirtboy

Diamond Member
Oct 9, 1999
6,745
1
81
American Funds has two excellent funds that have even done well in down markets.