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Best Money Market Mutual FundsPosted on May 7, 2010. In simple terms what is the best thing to put in $ 5,000.00? In the short term CDs or mutual funds, money market? I think the use of State Farm Bank or Wells Fargo Bank. Anyone with knowledge of investment money could you please check the website and the website StateFarmBank.com WellsFargoBank.com and help me understand which is best? Money markets, mutual fund CDs or something else?? So I do not want to "risk" my money, so what is the best way forward? So what other companies do you recommend? Someone please help me! Hello Gloria I'd like to go now an IRA money market in a mutual fund - Vanguard Prime MM Minister pays over 5% right now. There are no fees for investment and the return of more than 5%. I do not know why everyone moved again to 10-15% a year in which they can make that monthly. www.demofreedomrocks.com The funny thing is no one believes. Try the demo with play money for 2 weeks and you will see the returns. The program is 220% last year. Mutual Funds. I suggest that the Vice Fund (NASDAQ: VICEX) It has been my experience that a mutual fund with a good record of 10 + years is the best thing, hands down. If you get a good growth fund, it may be a minimal risk and still beat the pants off yield money market or CD. Be sure to watch long-term performance of it, and not just a few years back, and make sure that you want is a fund designated for growth. " They tend to have a steady return with little risk. CD is the safest bet. you will not lose money on CDs. But the problem is that you could not do much more. but hey, 5.35% is not so bad after all! I have had bad experiences with companies you have named. Mutual funds do have risks, then you're probably better off buying a CD from your local bank. If you decide to go with a mutual fund, Fidelity see - I'm with them, and their returns have been impressive over the last ten years. CommentsThere are no comments.Leave a Comment | Newest My Friends |