should i most the investment from a money market fund giving 1/2%?
Question : should i most the investment from a money market fund giving 1/2%?
Currently with Trowe the money market acount is growing at maybe .50%. Spoke to the agent and i saw their capital bonds grew 26% last year and has been positive 9-10 years. the guy on the phone didnt want me to move the money so it seemed. WHats your trowe account advice to grow thats a safe investment?
i contemplated moving it into a fixed annuity. They have a 5 year that is 4.00% guaranteed. what are your thoughts?
money market investment
Best answer:
Answer by Investing Bob
i contemplated moving it into a fixed annuity. They have a 5 year that is 4.00% guaranteed. what are your thoughts? NO NO NO
A guarantee is only as good as the company issuing it. I know a guy who had some GM bonds.
Try the Trow price short term bond fund. Pretty safe better returns.
http://www3.troweprice.com/fb2/fbkweb/snapshot.do?ticker=PRWBX
here are some good answers which were asked earlier about best investment:
http://answers.yahoo.com/question/index;_ylt=Ap99UqojaaqvBTWaoJ7DLFuRHQx.;_ylv=3?qid=20080730122122AA4iDrs&show=7#profile-info-y4vHk5duaa