Quote:
Originally Posted by DaFace
Buying a 1 year bond is different than buying a bond with the intention of selling it. If you hold to maturity, you won't lose value (assuming the issuer doesn't go under or something). A 1 year CD is another similar option.
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I guess I'll clarify.
I want to park our emergency savings where they are still fairly liquid. Like if our AC goes out and needs replacement in the next few years, I take can take $10k from it and pay cash.