10 years ago a lot of us held emergency funds (in some cases large balances) in HYSAs since their interest rates where higher than MMs. Today the opposite is true (e.g. - you CMA example). In the future it could revert so I still keep a small amount in my HYSA (plus I like having a little with FDIC protection).
Obsolete: no. The best place to hold a large set of emergency funds: probably not.
Regarded brokered CDs - do a search herein - tons of threads on brokered versus bank CDs.
Obsolete: no. The best place to hold a large set of emergency funds: probably not.
Regarded brokered CDs - do a search herein - tons of threads on brokered versus bank CDs.
Statistics: Posted by SmileyFace — Wed Aug 21, 2024 2:09 pm — Replies 14 — Views 970