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Your Cash And Emergency Fund Strategy?

Thursday, May 12, 2011 - 7:03 AM
My Money Blog author reviews where he keeps his cash reserves and emergency funds. It's a good overview of reward checking, Ally CDs, I Bonds and SmartyPig. He notes this issue with SmartyPig:
They still offer a competitive 1.35% APY, but I discovered that they don’t let you withdraw money when there are “pending” transfers for a few business days, and if you have a regular transfer something always seems to be pending. They are still good for savings goals, but not as much if you want to make regular withdrawals

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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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