Closet_Gamer
Thinks s/he gets paid by the post
Looking for suggestions where I should stash my go-to-**** money. Its about a year's worth of spending plus some money for business development to start consulting. Call it $150k.
I don't foresee an immediate need for this money but the reason one has this sort of thing is in case that changes. Its not quite an emergency fund but certainly not something where I want a lot of volatility so it needs to be relatively low risk and liquid. Of course, anything resembling a return would be nice too.
Door #1 would be easy out CDs...but they generate taxable interest of which I am not a fan.
Door #2 is muni bonds...anyone have suggestions for good, low cost muni bond funds or ETFs? I'm in the slightly paranoid camp that says interest rates have to go up at SOME point so duration is a consideration.
Door #3... Open to suggestions.
Thanks for any insights you have to share.
I don't foresee an immediate need for this money but the reason one has this sort of thing is in case that changes. Its not quite an emergency fund but certainly not something where I want a lot of volatility so it needs to be relatively low risk and liquid. Of course, anything resembling a return would be nice too.
Door #1 would be easy out CDs...but they generate taxable interest of which I am not a fan.
Door #2 is muni bonds...anyone have suggestions for good, low cost muni bond funds or ETFs? I'm in the slightly paranoid camp that says interest rates have to go up at SOME point so duration is a consideration.
Door #3... Open to suggestions.
Thanks for any insights you have to share.