Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "SAvings"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]If you expect to need the money in the next three years I would not put it in the market. You don't want to take the chance that the principal will take a hit. With the "high" interest savings accounts at a paltry. 75% we keep most of our emergency fund in a few long term CDs (7year at 3%+). The principal is safe, even after the penalty for early withdrawal the return far exceeds the savings accounts if you are in for over a year and a half (1 year int if >5yrs early, 6 months if >1yr early, or 3 months within a year of maturity). You can take the earnings out at any time without penalty, and we spread it between two so that if we don't need it all we don't have to break it all.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
