What investment would be best? We have $4K for our emergency fund–$ needs to be liquid but earn interest?
by admin ~ June 12th, 2009 . Filed under: Investing .
kim v asked:
We have $4,000 we want to keep reasonably liquid as an emergency fund but we’d like to earn the best interest on it that we can without risking losing the principal. The stock market is out–too risky for us. Savings bonds are not liquid enough for us plus interest is not that good. Interest on T-bills is not that good either. Seems like CDs or money market are the only real options…with CDs perhaps being the better of the two options for us. Does anyone have any other suggestions?
Cassandra
We have $4,000 we want to keep reasonably liquid as an emergency fund but we’d like to earn the best interest on it that we can without risking losing the principal. The stock market is out–too risky for us. Savings bonds are not liquid enough for us plus interest is not that good. Interest on T-bills is not that good either. Seems like CDs or money market are the only real options…with CDs perhaps being the better of the two options for us. Does anyone have any other suggestions?
Cassandra
June 15th, 2009 at 1:05 pm
money market or just a plain old savings account
June 16th, 2009 at 9:05 pm
For the following website httpwwwbankaholiccom for the best cdmoney market rates on savings have ever seen check their website to join credit union one of the other american airlines fcu.
For the best cdmoney market rates you are eligible any work in transportation.
June 19th, 2009 at 10:30 pm
WaMu and Shamu
both took a dive.
Only one of them
came up alive.
June 22nd, 2009 at 1:54 am
For more on this including links to internet bank they pay as much interest as cd would but you need it there are no fees which you would have to internet banks click on this including links to internet bank they pay if you put the money anytime you would have to transfer money into money into.
June 23rd, 2009 at 4:07 pm
My savings acct within couple of days no interest penalty like cd if you have to pull it out quickly use paypal as my savings acct basically.
My savings acct within couple of days no interest penalty like cd if you have to pull it out quickly use paypal as my savings acct within couple of days no interest penalty like cd if you can get the.