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Politics : Ask Michael Burke

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To: Pogeu Mahone who wrote (119097)	8/12/2009 8:54:03 AM
From: Knighty Tin	Read Replies (2) of 132070

The two I am currently using for the 90% part of my 90/10 are VSGDX and VMLUX. Both have average maturities in the 2 year area. They have very little movement in price, but aren't money market funds. Obviously, the Federal fund has no credit risk while the muni fund has some. You also may want to look at some CDs from the brokers, as they usually have much higher returns than you can find locally. Of course, these higher rate banks are suspect, so you may get a chance to see the FDIC in action. I have a few times. It has ranged from "didn't even notice" to "Man, are they screwed up." But the principal is always safe (under a quarter mil). I don't think they can get Vanguard rates for similar time periods, and are not as fungible. You can sell funds today and get the cash in two days, without penalty.

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