59/58 DW with cancer 1M in IRA's and 401K 60/40 mix as of now. Considering moving 100% to Fidelity Money Market Mutual Funds until after the elections but know absolutely nothing about them. I have FNSXX available in my 401K I assume for a reason. Comparing it with Fido's 100 other offerings reveals not much difference. Why would one diversify with MMMF's when they are all within 0.5% in performance and all within limits on expenses? Do I have less risk diversifying between 3 or 6 different funds? I just do not understand the variety. I get floating vs steady NAV but find little reason to diversify. Anybody here that can offer any insight. I do plan to call Fido tomorrow but have always valued the education I receive here.
Coz
Coz
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