No. of Recommendations: 1
Not directed at ToroBravo2003...

So, based on this balancing act, I always come back to two places: CDs or the Emigrant money market. Boring, right?

So I would make sure first you have 3 months living expenses in Emigrant Bank and put the rest in the best CD yields you can find out to two years.

This is just my opinion but I do practice what I am recommending here.

A meta level observation is that there is little to be gained from closely watching the short term rates being offered. A person could do better by taking a part time job or attending a course on other investments vs. trying to make a meaningful difference in short term liquid returns.

It is really difficult to make significant marginal returns while the damage if you lose money would be difficult to repair.

I am all for having liquid assets. Just saying the time invested in optimizing such returns is badly invested compared to other things that could expand your horizons (personal, financial, what ever).

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