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High yielding account to keep my emergency fund in?
https://mail.chicagofanatics.com/viewtopic.php?f=47&t=129025
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Author:  blackhawksfan [ Fri Nov 18, 2022 7:41 am ]
Post subject:  High yielding account to keep my emergency fund in?

Any suggestions? Keeping it in a bank is more like a tax with inflation eating away at it. Thank you in advance. I love you all.

Author:  Brick [ Fri Nov 18, 2022 7:50 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

FTX

Author:  Jaw Breaker [ Fri Nov 18, 2022 7:55 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

Marcus (Goldman Sachs)

Author:  Douchebag [ Fri Nov 18, 2022 8:38 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

Audacy

Author:  Nas [ Fri Nov 18, 2022 8:40 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

Cocaine

Author:  Douchebag [ Fri Nov 18, 2022 8:43 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

Ginseng

Author:  Caller Bob [ Fri Nov 18, 2022 8:47 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

Packers stock

Author:  Nas [ Fri Nov 18, 2022 8:50 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

Caller Bob wrote:
Packers stock


:lol: :lol: :lol:

Author:  good dolphin [ Fri Nov 18, 2022 9:12 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

Bears +3

Author:  Bagels [ Fri Nov 18, 2022 9:30 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

Douchebag wrote:
Ginseng

:lol:

Author:  IkeSouth [ Fri Nov 18, 2022 9:33 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

Just put it in smci its one of the only stocks that hasn't been scared of anything the past 5 years.

Author:  hnd [ Fri Nov 18, 2022 10:34 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

SOFI is 3% right now. find a money market account.

Author:  DAC [ Sat Nov 19, 2022 6:11 pm ]
Post subject:  Re: High yielding account to keep my emergency fund in?

i bonds

Author:  newper [ Sat Nov 19, 2022 6:22 pm ]
Post subject:  Re: High yielding account to keep my emergency fund in?

DAC wrote:
i bonds

just missed the 9%

Take a look at yotta if you want some fun.

Author:  One Post [ Sat Nov 19, 2022 6:58 pm ]
Post subject:  Re: High yielding account to keep my emergency fund in?

blackhawksfan wrote:
Any suggestions? Keeping it in a bank is more like a tax with inflation eating away at it. Thank you in advance. I love you all.



The idea of an emergency fund is to forego any risk of the investment decreasing in value with the understanding that the returns will be pitiful. The return on the emergency fund is to not have to borrow money at high rates to fix the emergency. I run mine through a CD ladder. Not great returns but not zero either.

I do sympathize with the frustration of watching the purchasing power of the cash melt away in this high inflationary environment.

Author:  DAC [ Sun Nov 20, 2022 10:06 am ]
Post subject:  Re: High yielding account to keep my emergency fund in?

newper wrote:
DAC wrote:
i bonds

just missed the 9%

Take a look at yotta if you want some fun.


Yeah, I maxed that out back in October. Guess the site was crashing right before the deadline. It's still at 6% right now. When we hit Jan 1, I feel better about putting money there than in my Roth.

Author:  polster [ Sun Nov 20, 2022 3:40 pm ]
Post subject:  Re: High yielding account to keep my emergency fund in?

You can buy brokered bank CD's (through your brokerage) which offer higher rates than going directly to the bank. Many people don't know about this and its 100% the same FDIC insured up to $250k CDs from the partner banks. Or look into Treasuries bought through a brokerage which are also 100% safe.

The current rates on the 1yr brokered CDS from various banks is ranging from 4.0 to 4.75 yld. depending on the partner bank as of 11/20/22.

https://www.kiplinger.com/personal-fina ... okered-cds

https://www.tdameritrade.com/research/b ... enter.html

Author:  Bagels [ Mon Nov 21, 2022 1:24 pm ]
Post subject:  Re: High yielding account to keep my emergency fund in?

betting NBA games and scratch off lottery tix

Author:  Big Brane [ Mon Nov 21, 2022 4:24 pm ]
Post subject:  Re: High yielding account to keep my emergency fund in?

GOLD! ALASKIN GOLD!

just dont let a BACK STABER like KEEPINGSCORE or TERRYs PEPEE"s in your deal!!!

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