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Peter Crane Quotes

Money funds look very good at the moment, but you don't want to move everything into cash and at some point next year, when the rate hikes are over and the Fed starts cutting, find you've missed your chance to lock in higher long-term rates. - Peter Crane

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Money | Funds | Good | Moment | Move |

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The saying goes, it's not bulls, not bears, but chickens who put their money in cash; they park it there and wait for better opportunities... So those chicken investors, and retirees and income investors, have reason to be thrilled about the rates, because for the first time in a while they're going to be paid decently to sit there. - Peter Crane

You really need to know what federal income tax bracket you're in to determine whether tax-free funds offer more of a benefit. As a rule of thumb, anyone who falls in the 36 or 39 percent tax bracket should consider tax-free funds. - Peter Crane

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