Early Retirement & Financial Independence Community - View Single Post - I-bonds or money market for Emergency Fund?

Alan · 07-10-2005, 02:14 PM

I use I-Bonds as an EF, but you do need to be able to withstand that 1st year without withdrawing. Using Treasury Direct on the web is very fast and easy to use. I also use IBonds via the web as part of my retirement portfolio (the cash segment). Once I had bonds over a year old I was able to begin using it also for an EF. I use Bank of Internet for everyday cash at 3%/yr in the checking account, and had been using it for my EF until I had a year's worth of IBonds.

Alan

07-10-2005, 02:14 PM	#19
Alan Thinks s/he gets paid by the post Join Date: Jul 2005 Location: Baton Rouge Posts: 2,073	I use I-Bonds as an EF, but you do need to be able to withstand that 1st year without withdrawing. Using Treasury Direct on the web is very fast and easy to use. I also use IBonds via the web as part of my retirement portfolio (the cash segment). Once I had bonds over a year old I was able to begin using it also for an EF. I use Bank of Internet for everyday cash at 3%/yr in the checking account, and had been using it for my EF until I had a year's worth of IBonds. Alan __________________ Age and treachery will usually overcome youth and ability Countown clock is at 9 weeks to be SIRE'd