Someone recommend moving money into Money Market Funds

[bif]

About 1/3 of my money is in stocks. The rest is in various Vanguard Mutual Funds. With the possible market crash under the Orange Criminal and rapist, I've read the safest bet is to put it in MMFs. Thoughts? Maybe keep some in solid stocks like Apple and put at least 1/2 in MMFs?

[we can do it]

1. I'm putting mine in CDs

[A HERETIC I AM]

4. If you look at the holdings of any Money Market fund, it is chock full of CD's

Not much difference between a Money Market Mutual Fund and CD's, really.

They tend to hold CD's, short term debt obligations, 30 day Treasury paper, etc.

[Diamond_Dog]

2. Did Vanguard just transition your funds to a different type of portfolio

and did you have to fill out some information online? Mine did that just recently. I was relieved they don’t want anything to do with crypto.

Sorry that doesn’t answer your question, bif.

[yourout]

3. In about 2 years I'll be moving everything I can into...

CDs and t-bills.
There is going to be a crash in 2027 if the pattern holds of third year disasters of Republican presidencies.
This one will be particularly bad because most of the guardrails are gone.

[Ferrets are Cool]

10. Do you think it will take that long with this administration? nt

[lastlib]

5. My recommendation to another DUer asking this: Don't do anything right now...

..that you wouldn't have done if Kamala had won. There is still time to accumulate some gains before The Felon ruins everything. Sock away those gains, and be ready to lock them in when the trump hits the fan. If you sell out of fear, you're just setting yourself up for a big tax bill, and forfeiting those potential gains. We all may need every dollar we can grab. The next decade could be ugly.

[3Hotdogs]

6. High yield savings accounts give better returns and are also F.D.I.C. protected. The safest is U.S. treasury bonds.

a middle possibility (yield v safety) 40% into Dow Jones index (symbol DIA). 40% into S & P 500 index (Symbol SPDR) and 20% into Nasdaq index fund. I don't know the symbol but any brokerage can find it for you.

The index funds may decline over a period of time, such as the 2008 fiasco. But over time, they will offer a good return, with the returns of the largest corporations behind them.

[bif]

8. I've been in index funds for ages

And over time, they've done great! I have them spread out over several funds. Tech, large cap, small cap, etc.

[3Hotdogs]

9. Maybe move no more than 10% into money market as an emergency fund.

[bif]

7. Thanks for all the great advice

I think I'll wait a bit (maybe a month or two) then transfer 1/2 my money into MMFs. Then when it look like Dementia Donny has totally wrecked the economy and the stock market crashes, I'll put the rest into MMFs.