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since I am 62 years young I have been advised to invest in money market funds. Why are they best for a person my age and how are they different from other funds? Thanks, Frank

Because there is no risk.

The returns are poor, but you aren't going to lose anything.

Are you in a position to ride out the stock market trading sideways?

Or even a prolonged down market?

Maybe your youth was behind the advice you received.
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