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re: How much of your savings would you put into a Money Market Account?

Posted on 2/1/20 at 9:33 pm to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35289 posts
Posted on 2/1/20 at 9:33 pm to
0%

E fund is in High yield savings account.

Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80761 posts
Posted on 2/1/20 at 9:51 pm to
Ok that makes sense. Was hoping that wasn't a permanent thing
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/2/20 at 9:48 am to
Man I had a crap ton of cash waiting to put 20% on a house. It was killing me! Ended up putting down 10% on less than I planned to spend so now I gotta put what’s left to work!
Posted by CenlaLowell
Alexandria, la
Member since Apr 2016
1011 posts
Posted on 2/3/20 at 6:49 am to
I keep a year emergency fund in a money market at all times
Posted by kciDAtaE
Member since Apr 2017
15690 posts
Posted on 3/19/20 at 1:52 pm to
quote:

$50k in savings at all time. 60 days worth of bills in checking. $2k in cash “under the mattress”.


quote:

WTFFFFFFF why


Just in case there is a world wide pandemic that severely disrupts the US economy for an undetermined amount of time.
Posted by AllDayEveryDay
Nawf Tejas
Member since Jun 2015
7007 posts
Posted on 3/19/20 at 1:56 pm to
Do you know something we don't? Should I dump my 401K?
Posted by Jag_Warrior
Virginia
Member since May 2015
4081 posts
Posted on 3/19/20 at 2:47 pm to
quote:

Retirement for sure


And how old are you now?
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