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- Joined
- Nov 30, 2016
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- 9,577
I have a Non taxed IRA that I'm going to move/transfer that IRA to a new company. The process will take about two weeks to complete.
I'm doing this move just to make it easier for me and to have this account closer to my family etc..
I will be investing in Mutual Funds with the new company and I see they have a money market fund. It doesn't pay much but wondering if I should take advantage and stick some of those funds in that MM account.
My reasoning for thinking that way is leave some of it in MM and if things start the market starts to tank I could bought more of those funds as a discount.
Please let me know what your thoughts are doing that.
I'm doing this move just to make it easier for me and to have this account closer to my family etc..
I will be investing in Mutual Funds with the new company and I see they have a money market fund. It doesn't pay much but wondering if I should take advantage and stick some of those funds in that MM account.
My reasoning for thinking that way is leave some of it in MM and if things start the market starts to tank I could bought more of those funds as a discount.
Please let me know what your thoughts are doing that.