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Where to put $90k from 401k Fidelity MM account
Old 01-17-2014, 02:23 PM   #1
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Where to put $90k from 401k Fidelity MM account

Ladies and gentlemen; My first post. 59.5 years old.

I have the 90k in a money market account earning nothing, actually costing me money. What would be a prudent move to a safe vehicle? The remainder of the 401k is in several different index funds with Fidelity. I would just like to keep this in a "safe" investment.
I have been thinking I bonds and possibly Penfed CD's. What else am I missing.

Thank you

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Old 01-17-2014, 02:27 PM   #2
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A PenFed CD is probably the best available instrument for "safe" money at the moment.

Numbers is hard.

Retired in 2005 at age 58, no pension

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Old 01-17-2014, 02:27 PM   #3
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PenFed seems to be a no brainer these days, assuming that the 5 year 3% deal lasts.
The worst decisions are usually made in times of anger and impatience.
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