Money market vs mutual funds
Should I close my mutual fund account and put my money in a money market?
Terry Says
Whew, I’d have to know a lot more about your situation to attempt to answer that!
Is the mutual fund inside an IRA?
What is the name of the mutual fund, and how long have you owned it?
How old are you?
Is this your only money?
How much money is involved — asking because if you are on Medicare, selling a fund could add to your income and raise premiums.
Please write back and give me more details, and I’ll try to point you in the right direction.
