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Since the money has to stay in my Vanguard IRA for now, I'm limited in my options. CD's would be a good choice but are not available in this account. (I do not want to open another acccount, since I have 2 IRA already and I'm already retired.) For now I've decided to leave the money in Prime Money Market Fund. If the Fed raises as I expect, I'll earn 2.5% or more in 2005 with no risk of principal loss. If I see interest rates stablilizing I can still move it to GNMA or High-Yield Corporate later.
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