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Author: activeREinvestor Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35357  
Subject: Re: CDs? Bonds? Notes? - Where should my money g Date: 2/28/2005 7:46 PM
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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).

John
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