I have some money in the FUSEX fund brought to you by Fidelity. My main bank is USAA and we are approaching our savings account goal. I want to invest money over our savings goal into a conservative/preservation of capital type fund. I'm basically looking for a CD but it's not and it performs better.
While browsing USAA's selection of mutual funds, I stumbled across USTEX and USATX, both of which seem to fit what I am looking for but are non taxable. I read the description of what non taxable means; is it really that simple that the gains are not taxed or is there more to it?
Alternately, I'm open to other suggestions of ways to preserve capital, other than putting it in a shoe box under my bed! Thanks.
Submitted January 16, 2018 at 12:58AM by Allforthe2nd http://ift.tt/2mzwzGo
