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re: Emergency Fund
Posted on 1/5/13 at 9:56 am to CaribbeanDemon
Posted on 1/5/13 at 9:56 am to CaribbeanDemon
That's a big arse emergency fund but I would put 20k of it in a Roth over the allowed time frame and keep 5 in cash.
2
Posted on 1/5/13 at 10:33 am to I Love Bama
quote:
That's a big arse emergency fund but I would put 20k of it in a Roth over the allowed time frame and keep 5 in cash.
+1. Stick it in some fixed income ETF or pimco fixed income fund would seem to be the best way to maximize return w/ little risk. It will beat the hell out of any savings account rates.
Posted on 1/5/13 at 2:37 pm to I Love Bama
That's really not an excessive emergency fund if he is usin a 3-6 month expense basis like I was advised to do. My emergency fund goal is 30k which I'm very close to, so I also appreciate the answers here.
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