John SD - 1/20/2014 22:48
IALTO - 1/20/2014 19:48
Would your thoughts be different if the money was not sitting in a CD?
I like to keep at least a year's worth of expenses in short term CD's. I try to keep enough for 3 months worth of expenses in my checking account. I have CDs "laddered" so I can access cash every 3 months.
Beyond 1 year, I go for longer term investments with little or no access such as stocks/mutual fund.
Interest earned on CDs stinks but at least the money is readily accessible. As long as I have these obligations, CDs are where I will keep the funds to pay them.
Paying off 0% loans .... Your thoughts?
