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Emergency Fund

Posted on 6/21/10 at 1:21 pm
Posted by martiansgohome
Ankara
Member since Feb 2004
4683 posts
Posted on 6/21/10 at 1:21 pm
Is there a consensus on where to park your emergency fund? My savings account only earns 0.65%.
Posted by Cash
Vail
Member since Feb 2005
37635 posts
Posted on 6/21/10 at 1:33 pm to
money market fund
Posted by martiansgohome
Ankara
Member since Feb 2004
4683 posts
Posted on 6/21/10 at 1:37 pm to
So something like this?
Posted by barry
Location, Location, Location
Member since Aug 2006
51408 posts
Posted on 6/21/10 at 2:32 pm to
quote:

s there a consensus on where to park your emergency fund? My savings account only earns 0.65%.



Somewhere its protected and easily accessible. We have one of those ally accounts that gives a pretty decent return.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78438 posts
Posted on 6/21/10 at 3:42 pm to
Roth IRA
Posted by lsugradman
Member since Sep 2003
8970 posts
Posted on 6/21/10 at 4:04 pm to
quote:

Roth IRA

Preferraby one that gets 7% interest or more
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