I have $10,000 and wanted to put $8000 in to a money market and put $2000 into a mutual fund. Have never invested before other than 403B and I wanted to do it directly with a company. Do you think this is a good way to handle this money and if so how should I go about doing this? Would you suggest doing something else with this $10,000. When putting money into a money market account what is a good rate to look for?
Thanks