Since the PayPal Money Market Fund 7-day yield continues to drop, I’ve decided that it’s not worth keeping my money in there anymore. Instead, I’m going to start reviewing different mutual fund prospectuses and will invest in one or two that have relatively stable track records. I’m going to start off with small amounts (a lot of these funds require as little as $500 for the initial investment) and just see where it goes from there.
My husband and I have no retirement nest egg built up except for the pension he’ll get from his company, so we really need to think seriously about building a portfolio for our future.