I have a retirement account with Merril and I have a few savings accounts. I have one savings acct which i consider my "nest egg" and it has hit 100k which I was thinking is a lot of money that I don't really need at the moment, to just have sitting in high-interest savings only getting .10% interest. I spoke to my advisor at ML and he suggested this fund as its super safe and a place to park some money. I don't know a lot about this but I was considering going this route or opening an account with ML and splitting the funds up across a few different things. I don't really want much risk as i take on risk in my retirement and i want it to be somewhat liquid as i may need in 5-10 years. Only things with this fund it has an expense ratio of 1.01% which seems high? but maybe its not for this type?
Submitted May 28, 2021 at 06:55AM by Cash_Visible https://ift.tt/3wFt03T
