jlenhart80
Dryer sheet aficionado
- Joined
- Nov 27, 2014
- Messages
- 32
Hi all. I have been struggling with the question of having too much cash in a bank savings/checking account. Currently I have a little more than $95k in a savings account and the interest rate is almost nothing. It is nice knowing that I have some cash on hand in case of emergency, but the cash isn't even keeping up with inflation and there must be some other options out there. I do have other money invested in taxable, tax deferred, and tax free accounts (see previous posts).
I have read about cd ladders and perhaps that is an option, but what other low risk, easily accessible in case of emergency, investment options are there?
Thanks!
I have read about cd ladders and perhaps that is an option, but what other low risk, easily accessible in case of emergency, investment options are there?
Thanks!