retirementguy1
Recycles dryer sheets
- Joined
- Apr 21, 2014
- Messages
- 233
Hi all, I have $15k in a CD for an emergency fund. The interest rate is 1.54%. I have a low penalty of 2 months interest, maybe $50 to withdraw the money. I'm thinking I'm better off putting the money to work in a taxable account in a Vanguard bond fund. I'm considering VBILX (intermediate bonds) or the Total Bond Fund. I guess I'm just not sure if it is worth chasing a return for an emergency fund but I also pride myself on efficiency and putting my money to work. Your thoughts?
Any help is appreciated.
Dave
Any help is appreciated.
Dave