Where to start?

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Taylor Larimore
Advisory Board
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Joined: Tue Feb 27, 2007 8:09 pm
Location: Miami FL

Re: Where to start?

Post by Taylor Larimore » Tue Jan 14, 2020 12:16 pm

Grt2bOutdoors wrote:
Tue Jan 14, 2020 11:58 am
I agree with the use of a US Treasury only money market fund at Vanguard, I use it myself. Essentially, it owns US Treasury bills, are short term in maturity, pays competitive interest rate to a bank savings account, super liquid. Best part of all - no come on sales pitch by bank staff.
I agree with Grt2bOutdoors that a U.S. Treasury only money market fund at Vanguard would be an excellent place to park your windfall. This is the link to get started: https://apps.vanguard.com/web/cf/move-money/welcome.

Best wishes.
Jack Bogle's Words of Wisdom: "Such reserves (money market funds) should be considered as savings for short-term and emergency needs, not as investment for long-term capital accumulation."
"Simplicity is the master key to financial success." -- Jack Bogle

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