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08-31-2012, 08:03 PM
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#1
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Full time employment: Posting here.
Join Date: Apr 2010
Posts: 717
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Where do you park ca$h?
I keep my ca$h in MM and feel that there might be more creative ways people manage ca$h.
So , where do you park ca$h?
__________________
“The problem with the world is that the intelligent people are full of doubt, while the stupid people are full of confidence.”
(—Charles Bukowski)
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08-31-2012, 08:05 PM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,373
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Discover Bank savings account. 0.8% interest (better than many short term CDs) and FDIC insured.
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08-31-2012, 08:15 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
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VCSH up 4.4% YTD.
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08-31-2012, 08:33 PM
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#4
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Recycles dryer sheets
Join Date: Aug 2010
Posts: 102
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VAIPX 5.19% YTD. Our 6-figure e-fund sits there for now. A bit riskier than VCSH and certainly not everyone's mama.
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08-31-2012, 10:24 PM
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#5
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Confused about dryer sheets
Join Date: Aug 2012
Posts: 8
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I've been keeping my emergency fund in a 5-year CD which pays 1.95% and my house down-payment fund in a savings account which earns almost zero.
I'm planning on transitioning the house fund into to series I savings bonds over the next couple years for the extra yield. I might put a bit into the vanguard short-term corporate bond fund as well.
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09-01-2012, 01:00 AM
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#6
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Full time employment: Posting here.
Join Date: Dec 2006
Posts: 881
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 Quote:
Originally Posted by wanaberetiree
I keep my ca$h in MM and feel that there might be more creative ways people manage ca$h.
So , where do you park ca$h?
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Reward checking account. Provident Credit Union. I think 2.2%. First 25K.
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09-01-2012, 01:59 AM
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#7
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Full time employment: Posting here.
Join Date: Mar 2011
Posts: 534
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Tiaa-creff, 1.25% savings. Not sure its available to new accounts.
Fatwallet forums keep pretty good track of the best interest rates on online accounts available at the moment.
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09-01-2012, 03:54 AM
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#8
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Recycles dryer sheets
Join Date: Apr 2006
Posts: 471
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GE Interest Plus. Current rate 1% - ugh.
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09-01-2012, 05:05 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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I have got all my CDs at Edward Jones only.
__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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09-01-2012, 07:26 AM
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#10
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Full time employment: Posting here.
Join Date: Apr 2010
Posts: 853
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You can always park it with me and I can certainly be creative with it.
I've said it before, and I'll say it again, 5 yr CD's w/ Ally.
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09-01-2012, 08:38 AM
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#11
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,373
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Quote:
Originally Posted by LOL!
VCSH up 4.4% YTD.
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Quote:
Originally Posted by Grainiac
VAIPX 5.19% YTD. Our 6-figure e-fund sits there for now. A bit riskier than VCSH and certainly not everyone's mama.
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I have some ST Corporate Bond as well (but the fund version). Since it has some interest rate risk I don't consider it to be a cash equivalent.
However the impressive YTD yields that you both are quoting probably include significant interest rate gains. The SEC yields are 1.53% and -0.76% respectively and the durations are 2.8 and 6.2.
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09-01-2012, 08:44 AM
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#12
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Thinks s/he gets paid by the post
Join Date: May 2007
Posts: 1,251
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Quote:
Originally Posted by LOL!
VCSH up 4.4% YTD.
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What is VCHS? Is that a mutual fund? I tried finding it on-line and couldn't find anything.
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09-01-2012, 09:15 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Jan 2006
Posts: 4,172
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Quote:
Originally Posted by Letj
What is VCHS? Is that a mutual fund? I tried finding it on-line and couldn't find anything.
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Google
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09-01-2012, 09:19 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 1,671
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I use Limited Term Tax Exempt Bond fund. It has a duration ~ 2 so not a lot of risk.
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09-01-2012, 09:20 AM
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#15
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by Letj
What is VCHS? Is that a mutual fund? I tried finding it on-line and couldn't find anything.
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You wouldn't if you Googled VCHS instead of VCSH:
VCSH: Summary for Vanguard ST Corp Bond ETF- Yahoo! Finance
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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09-01-2012, 09:45 AM
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#16
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Thinks s/he gets paid by the post
Join Date: May 2007
Posts: 1,251
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Quote:
Originally Posted by ziggy29
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Thanks! That's probably what I did.
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09-01-2012, 09:56 AM
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#17
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Full time employment: Posting here.
Join Date: Apr 2010
Posts: 717
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Quote:
Originally Posted by ronocnikral
You can always park it with me and I can certainly be creative with it.
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And what's your interest rate ? 
__________________
“The problem with the world is that the intelligent people are full of doubt, while the stupid people are full of confidence.”
(—Charles Bukowski)
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09-01-2012, 09:58 AM
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#18
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Full time employment: Posting here.
Join Date: Apr 2010
Posts: 717
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Quote:
Originally Posted by jebmke
I use Limited Term Tax Exempt Bond fund. It has a duration ~ 2 so not a lot of risk.
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What is its symbol?
__________________
“The problem with the world is that the intelligent people are full of doubt, while the stupid people are full of confidence.”
(—Charles Bukowski)
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09-01-2012, 11:44 AM
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#19
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Recycles dryer sheets
Join Date: Mar 2012
Posts: 125
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Right now I park it in VWLTX
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09-01-2012, 12:11 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,691
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Short Term Investment grade for cash I don't need for >3 months
Money market for <3 months time horizon.
TJ
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