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Where To Invest If You Want To Avoid Stocks

Friday, August 12, 2011 - 10:53 PM
Some investors have raised concerns about the security of money-market mutual funds.   They are not unsafe, but if you're looking to make your money work harder while keeping it accessible and completely safe, an insured credit union or bank savings account or money-market account is pretty much a no-brainer today. You can easily find accounts that return better yields than money-market mutual funds by roughly a full percentage point or more.

Where to invest if you want to avoid stocks - Aug. 12, 2011
pearlbrownpearlbrown1,489 posts since
Nov 2, 2010
Rep Points: 6,466
1. Saturday, August 13, 2011 - 9:14 AM
I don't "avoid" stocks (after all, the flip side of "age-in-bonds" is "100 minus your age in equities"). But for my "age-in-bonds/cash" allocation, I am in a CD ladder (roughly 75%), bond funds (roughly 20%), and cash (roughly 5%, split between a 2-year CD and a garden-variety savings account).
BozoBozo137 posts since
Feb 14, 2011
Rep Points: 944