Best Place for Cash?
Looking for some suggestions based on your first-hand experience
Where have you put cash? Why did you choose it? What are you earning on it? |
Mattress. Earning 0% interest, but a good night’s sleep. ;-)
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Excellent Advise! :1rotfl: |
True story
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So, we didn't sleep well that night! :ohdear::ohdear: sportsguy |
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Besides this and mattresses, what else are investors doing with cash? |
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We use Marcus by Goldman Sachs for our emergency fund. It is earning 1.70% currently. Easy to set up and transfer funds. We use Citizens for everyday type savings.
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No one will look there 0% interest - just like the banks |
Go to Bankrate.com (Bankrate: Master Life's Financial Journey). They have an excellent listing of option and rates for savings, MMAs, and CDs as well as other financial products.
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I've jumped on some high dividend yield, blue chip stocks that were really depressed in industries that you know will come back over the past couple of weeks...but I've left the bulk of the idle cash on the side
We have some hefty CD's coming due, I'll most likely leave them on the side for awhile too after we recovered from the 2008 crash we took a bag of money and put it into annuities so that we never had to worry if we had enough money coming in ya get to our age and hit a bump in the market like this and ya may not have enough run way to recover life is too short to have to drink cheap wine |
In the freezer....”cold” cash
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I can't tell if some of these people a complaining or bragging.
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