VMMXX is very convenient. I keep 5% in that fund to feed checking accounts automatically every month. So, depending on your mother's plan for the money, it's a reasonable choice that has been returning enough to keep pace if not better inflation.I assume she has other sources of income and an allocation plan for the bulk of her investments. I use a 60/40 allocation for my 94 year old mother; 5% of the 40% is in VMMXX. The return on her fixed income secutrities exceeds her income need.db
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