894Marty asks: Where does one put cash these days ? Are you talking short term or long term? How much risk are you willing to take?Short term I'd look at money market mutual funds first. Yielding 3% to 3.25% right now but the yield varies and I expect it to drop to 2.75% by year end. A completely liquid asset and very safe. (They were frozen Tuesday and Wednesday after the WTC attack because the financial markets were closed, but the major funds have since changed their rules to allow activity anytime banks are open.) Longer term shop around with local banks or call your broker for CD rates. Again, safety of principal. Check I-Bonds too. If you can stand some investment risk as prices fluctuate, try treasuries, high grade corporates, or GNMAs.BillJ
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