I will be selling my house in a few months and will be getting around $300,000 for it. I am fairly risk adverse when we are talking about a very significant portion of my net worth and don't want to lose any sleep over it. Right now I am thinking about just putting it in the Vanguard Federal Money Market Fund (VMFXX) and make ~2.30% on it. I don't want to buy bonds since long-term interest rates are basically the same as short-term rates right now and are most likely going to go up in the near future. I don't want to put it in an index stock fund since I might need it in a few years to buy another house. If I had 20 years to wait, then I would probably put it in stocks, but for now I am leaning towards just putting it in a safe money market fund or possibly a CD. What are your thoughts?
Submitted March 25, 2019 at 12:13AM by smoothie4564 https://ift.tt/2YnNHkH
