First time poster! Outside of my retirement account provided by work, I’m just beginning to get brave enough to move other money around. I’m very late to the game and pretty scared of gambles....
While interest rates stay high, so will returns on money market fund investments. A simple investment account (likely available from your current bank) with everything put into a good MMF should bring 4+% right now, and is less likely to have withdrawal frequency limits and definitely won’t have a term length like CDs.
At Chase, they’ve got a solid MMF option that’s been over 4% for a few months and has same day liquidity, meaning it’s basically cash even though it’s getting interest. I think it’s the lowest risk, highest convenience option currently.
I personally keep like 4 weeks cash in a checking account, some traditionally invested that I don’t plan to touch for many years, and everything else (12+ months at this point) in an investment account at the same bank as my checking, but exclusively invested in a money market fund with same day liquidity. MMFs are earning around 4+% while fed interest rates are so high, and being able to sell and transfer to my checking in a single day feels like it’s basically liquid already.
Since that’s the case, I don’t want any more than necessary sitting in an account earning 1% or less, just doesn’t feel like that much of a difference between investments that can be liquid in 2 hours vs. savings, but my bank is great about quick investment selling and transferring.
A big part of that decision is honestly that we live in a very old house, and a few times we have needed to buy new appliances or pay $10k+ in a ≤24hr. emergency, so we try to keep roughly that amount as liquid as possible. Since that’s earning zero and the MMF is nearly as liquid as savings, we just keep all the rest in the higher-interest options, and none at all in a traditional savings account. It’s just been the most convenient and highest yield, lowest risk, most easily liquidated option, with the ease of liquidity cutting minimally into returns while MMF rates are so high.
I've found a lot of women don't believe men can be "as" bi as women can be, and there's this suspicion that if a guy has ever been (or just wanted to be) with another guy, they must be more into guys than women, and wen don't want to have to wonder/worry about that. I think this is just a reflection of societal implications around male and female gayness being different though, that women are accepted to exist on more of a spectrum (perhaps because attraction to women feels natural to straight men, so it is less "surprising" or foreign to see even other women feel it), while men are considered more binary.
This is purely anecdotal, but I think that's more in line with other unaccepting straight men's reaction than straight women's (especially since a lot of straight women are into/fine with anal too). I think with women it in many ways comes down to the fact that everyone has been conditioned to think that guys are either 100% gay or 100% straight, while it can be sexy or desirable for a women to go both ways.
Standard Savings Account: Moving money around?
First time poster! Outside of my retirement account provided by work, I’m just beginning to get brave enough to move other money around. I’m very late to the game and pretty scared of gambles....
[EU] How many months savings do you consider enough?
As the title says I am trying to see where people stand on this. Obviously this is all personal preference. But that is what I am after....
18+ they seem fun ( lemmynsfw.com )
Bi Men Are Not Considered Attractive, New Study Says ( bi.org )
From the article:...