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Cash!
On one measure, real money investors' allocation to cash is the highest in more than a decade, and n
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My boss in grad school was a finance prof who had a saying, “Something is always better than nothing … ” In keeping with that advice I just moved my grandson’s college fund from a Vanguard money fund to a much nicer FDIC-insured, non callable, 3 year brokered CD from Capital One paying 3.3%. I found several of these from Fidelity and several big banks. My Vanguard TIPs fund now yields 6.65%. Not real +, but, as the man said, better than nothing.