Not many deals in my area to buy. Where do you all hold your cash? Doesn’t make sense to me to put it in the market, as that could crash anytime. CD’s have a minimum time requirement. HYSA seems to be the best, if not only option.
Posted by dap12036
5 Comments
hysa is solid but also check out treasury bills – they’re super liquid and rates are decent right now, plus no state tax on the interest which is nice
T bills or HYSA. The market is riskier, of course, but if you had parked your cash in the S&P over the last few years, you’d be a happy person.
I am opening an HYSA or Money market dedicated for this this year.
Curious for others is the account a business account or a personal one? Would seem to me from a liability standpoint it would be better to hold the money in a personal account but I am no CPA
HYSA for emergency fund or anything you might need in the next 12-36 months. Invest or treasuries if it’s a longer time frame.
JPM, PJLXX.