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Is there any risk involved in putting money in money market account?

I know money market account is not isured by FDIC. I will have about 300K to invest but since the stock market is really volatile right now, I like to start investing slowly. I am planning to put some money in money market account at Vanguard. Their money market account have a slightly higher return. I also want to buy some mutual funds that Vanguard offers in the future. But I am just a little concerned about putting all the money in just one account. Any thought? What kind of risk shoud I think about? Should I go with CD or Bond?

Public Comments

1. diversify. Find yourself a good financial adviser. If you don't already have one buy a house. They almost always appreciate.
2. You have a good idea but you need some direction but not from Vangaurd but an independant advisor. Someone who has your best interest not selling you what's best for their company. Go to ricedelman.com and there is an article that talks about finding an advisor.
3. It all depends on your goals, when you need the money. I recommend Mutual Fund they have higher return and they have safe risk. The more details the better the answer.