Which is a better investment? FDRXX or MMA/CD?

theone1

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I am beginning to setup reoccurring investments in either my FDRXX Fidelity Cash Reserve or depositing the money in my MMA and/or buying CD's. It will total 830$ (415$ each) a month since my Trad IRA/Roth IRA deposits for '09 can only total 5K ea.

my current rate on my MMA is 3.0%

I would only like to lock up CD's 1-6 months in duration. Currently the rates are ranging from .77-2.86
 
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