Gotadimple
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2007
- Messages
- 2,615
I keep about 18 months in a credit union account (just because the yield is better), with another 6 months earmarked as 'emergency' in CDs in a brokerage account.
I am concerned about maintaining purchasing power during a market downturn, and two years expenses seems to give me comfort -- although it isn't nice watching the rest of the portfolio shrivel.
I probably won't do much with any other cash investments until after the new year, when I rebalance. Hopefully, the market will be less volatile by then.
-- Rita
I am concerned about maintaining purchasing power during a market downturn, and two years expenses seems to give me comfort -- although it isn't nice watching the rest of the portfolio shrivel.
I probably won't do much with any other cash investments until after the new year, when I rebalance. Hopefully, the market will be less volatile by then.
-- Rita