Re: Question About Emergency Fund
I have to agree with CD ladder - I intend to do a CD ladder for our cash as it builds back up.
bankrate.com actually has an interesting cd ladder feature. A little calculator that considers your needs and how to ladder the money. You can buy for example a 1-year c.d. every 3 months or so (so one matures every 3 months), or more common I believe is buying many at once at different lengths.
Since I tend to be a cash hoarder overall I intend to have a large cash fund and want to do what I Can to max my returns - so c.d. ladder it is.
That being said, if I had $100k in mutual funds, I am not sure if I would be worried about keeping such a large cash EF. IT all is depends on a lot of factors.
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