Never invested in a money market before, but current market conditions are making them more and more appealing. A risk-free investment with a high interest rate that should continue to increase over the next 12 months? Sign me up.
Something like SWVXX currently yields 4.27%. I'm considering putting 20% of my portfolio into it for the time being and then DCAing into popular index funds if/when equities drop.
Any reason not to do this throughout 2023?
Leave a Reply