View Single Post
  #7 (permalink)  
Old 02-08-2008, 07:57 PM
disneysteve's Avatar
disneysteve disneysteve is offline
$ Saving Professor
 
Join Date: Jun 2006
Location: New Jersey
Posts: 5,953

Points: 44321.30
Donate
Default

Snave - Great post. You make some excellent points. We've got about 15K in our MMF. I also see no point in keeping 6 months worth of expenses there earning 4% (or less now). Like you, we have plenty of other assets we can draw from if needed.

A 0.5% difference in interest is $75/year on 15K. While $75 isn't something to throw away, it also isn't something to go jumping through hoops to chase down. I'll probably stay where I am.
__________________
Steve
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
* The world is a book and those who don't travel read only one page.
Reply With Quote