In the following video, Motley Fool Stock Advisor analyst Jim Mueller takes a question posted by a Fool reader on a Stock Advisor discussion board:
I have some money which I'll need to use in 8-14 months. The standard advice (e.g., from Vanguard) is to put all of this into a money market fund immediately, but those pay really low rates. I know this is the safest thing, but I'm curious what a Fool would do?"
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The article Ask a Fool: Play It Safe With Money Market Funds? originally appeared on Fool.com.Jim Mueller owns shares of Coca-Cola and Johnson & Johnson. The Motley Fool recommends Coca-Cola and Johnson & Johnson. The Motley Fool owns shares of Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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