3min chapter

Money For the Rest of Us cover image

Where to Invest Your Cash Savings for Higher Yields

Money For the Rest of Us

CHAPTER

Investing in a Money Market Mutual Fund

A more convenient way to invest cash savings is short term government bonds. A money market mutual fund that focuses on just government paper has a yield of 3.7%. Those are the safest, most conservative ways to invest and with our cash, we want safety. The actual sweet vehicle that they just invest, uninvested cash doesn't necessarily always get the highest yield.

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