Money markets: better deal than most funds...

...right now at least. I was looking to transfer money from my MM into some mutual funds and this hit me - weak as my whopping 2.5/3% might be, at least it's a positive gain, so I'm thinking maybe ride that for a bit. Agree or not and why?

Disagree.

This is the time to buy, when things are so low.

Plus, my International fund is doing very well. My oil stocks are gangbusters! My husband just sold Canadian natural gas stocks for a profit.

It all depends on where you look. If you're just bemoaning your lost jobs and your high gas and food prices, the economy looks dim. But if you look elsewhere, thar's gold in them thar hills.

AT 2.53%, how many years would it for that money to double? Just figure it out using the law of 72.....somewhere around 28years!!!!!!

I would investigate a "good" mutual fund in which your money can double between 4 and 8 years. there are plenty of funds that have done this and given the market now, do your homework and invest!
good luck!

April was the best monthly performance for me since 2003. Sitting out means you miss the moves when they happen. 0.25% (3%/12) for the month vs. nearly 5% makes a huge difference in annual returns. One never knows when the market is going to move. If you miss the biggest days, your returns are severly degraded. This is why I don't try to time the market. I stay fully invested.

Disagree.

This is the time to buy, when things are so low.That's what a friend of mine said 6 months ago. He's lost thousands since (and is well diversified).


Plus, my International fund is doing very well. I'm curious, which one is that, because most I see are losing money.....

It all depends on where you look. If you're just bemoaning your lost jobs and your high gas and food prices, the economy looks dim. ? No, I'm bemoaning (more to the point, taking into consideration) the poor performance of a very large # of mutual funds right now.


AT 2.53%, how many years would it for that money to double? Just figure it out using the law of 72.....somewhere around 28years!!!!!! ? Again: I'm talking (very) short term.


One never knows when the market is going to move. If you miss the biggest days, your returns are severly degraded. This is why I don't try to time the market. I stay fully invested.True enough - guess I'm just trying to hedge my bets, if only for the moment. I'm tired of logging in to my accounts and seeing those red down arrows.

Another perspective is this: 2.5-3% interest in a 4%+ inflationary year is a GUARANTEED loss.

To hedge, you could pick a time horizon (say 6 or 12 months) and start dollar cost averaging back into the market.

Yeah definitely need to DCA my way back into the game, really.....