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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

Although rare, it is possible to read something on this forum you don't agree with and simply move on with your life

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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