Thread: Money Investing megathread extravaganza
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Old 09-13-2021, 03:43 PM   #11276
eDave eDave is offline
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Join Date: Jan 2013
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Quote:
Originally Posted by Buehler445 View Post
Savings Account.

You don't want that kind of thing having stock exposure. If you insist on sticking it in an investment account, I wouldn't go any narrower than SPY.

Potentially you could look into a bond fund. VBTLX is Vanguard's Bond Index Fund. Bonds could potentially be a play, they're not going to get much lower, as interest pretty much cannot get lower, and if interest rates rise, so should it.

Still, Savings Account.
Quote:
Originally Posted by lewdog View Post
Yup, same advice you’ll get from me. Needs to be super safe and accessible at ANY time without risk of declining value.

I have 6 months (some say this excessive) of expenses sitting in emergency savings. Came in handy this year when we could pay in cash an unexpected need of getting a new roof and AC units. Working on building it back up now too.

It’s boring in a savings account but it’s for emergencies, play it safe.
Meh.
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