The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: Tucandream on January 24, 2020, 11:28:19 AM
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I have approximately $50,000 cash accumulated that I want to put into a money market fund or similar very low risk investment. When I search for good MMF's I keep getting ones closed to investors or with minimums of $1Mil. Any recommendations? I want to keep this money liquid for potential non-market investment.
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Have you thought of I bonds? I found totally replacing my cash accounts with I bonds good for my situation. Just latter them at 10k per year over 5 years. You can't cash in until after a year but after that it's a pretty good plan and guaranteed not to lose money on inflation. And in periods of deflation you make money.