patrick409
Senior member
- Aug 13, 2003
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Originally posted by: middlehead
I don't keep all that much in an actual savings account. Staggered CDs give a decent approximation of liquidity.
Originally posted by: bennylong
Originally posted by: spidey07
6 months. 32,000.
Your monthly expense is $6K??? How many hookers do you see a month??
Originally posted by: OS
Originally posted by: middlehead
I don't keep all that much in an actual savings account. Staggered CDs give a decent approximation of liquidity.
is it a good idea to tie up money in CDs when rates are rising?
Originally posted by: OS
Originally posted by: middlehead
I don't keep all that much in an actual savings account. Staggered CDs give a decent approximation of liquidity.
is it a good idea to tie up money in CDs when rates are rising?
Originally posted by: tfinch2
Originally posted by: doze
28 single and living check to check
Any savings I had before/during college was gone after college and I had a 401K until a few months ago when unemployment forced me to cash it in
Ouch.
:beer: to better luck!
Originally posted by: thomsbrain
Originally posted by: bennylong
Originally posted by: spidey07
6 months. 32,000.
Your monthly expense is $6K??? How many hookers do you see a month??
seriously. if you're single and young, there's no reason you should come close to spending that much in a year, and that's in CA. but it's good you have that much, regardless of how long you'd go through it.
That's the other reason for staggering the purchases. Buy a 3 or 6 month CD every month for 3 or 6 months and you can both take advantage of rising rates as well as having the approximated liquidity.Originally posted by: OS
Originally posted by: middlehead
I don't keep all that much in an actual savings account. Staggered CDs give a decent approximation of liquidity.
is it a good idea to tie up money in CDs when rates are rising?
1500 would get me 2 months with a little left over for playtime or 2 months with a down payment on month 3.Originally posted by: sniperruff
$1500? that lasts you like less than a month if you live by yourself. $1M ftw.
Originally posted by: huberm
For emergencies, etc.???
I only keep about $1500 in mine, but would like to add more if my idiotic self would quit buying gadgets and things I don't need.