Comments on: Where to Stash Your Rainy Day Fund http://poorerthanyou.com/2008/06/26/where-to-stash-your-rainy-day-fund/ Talking about money, without being boring. Sun, 23 Nov 2008 12:39:35 +0000 http://wordpress.org/?v=2.6.3 By: investmentplayground http://poorerthanyou.com/2008/06/26/where-to-stash-your-rainy-day-fund/#comment-54604 investmentplayground Mon, 30 Jun 2008 20:13:13 +0000 http://poorerthanyou.com/2008/06/26/where-to-stash-your-rainy-day-fund/#comment-54604 I recommend IGOBANKING.com. They are a legitimate bank and a division of Flushing Savings Bank in NYC. I've been with them for almost a year, and they're paying 3.7%. Definitely the highest in the area, modestly higher than ING. They were featured in last month's MONEY magazine as well. I recommend IGOBANKING.com. They are a legitimate bank and a division of Flushing Savings Bank in NYC. I’ve been with them for almost a year, and they’re paying 3.7%. Definitely the highest in the area, modestly higher than ING. They were featured in last month’s MONEY magazine as well.

]]> By: Hanks Weekly Hangouts #36 (June 30, 2008) | My Investing Blog http://poorerthanyou.com/2008/06/26/where-to-stash-your-rainy-day-fund/#comment-54576 Hanks Weekly Hangouts #36 (June 30, 2008) | My Investing Blog Mon, 30 Jun 2008 08:03:13 +0000 http://poorerthanyou.com/2008/06/26/where-to-stash-your-rainy-day-fund/#comment-54576 [...] PoorerThanYou finds some good points as to where to stash your rainy day fund.  Everyone should have a little something for that [...] [...] PoorerThanYou finds some good points as to where to stash your rainy day fund.  Everyone should have a little something for that [...]

]]> By: Project Wealthy http://poorerthanyou.com/2008/06/26/where-to-stash-your-rainy-day-fund/#comment-54271 Project Wealthy Fri, 27 Jun 2008 22:38:10 +0000 http://poorerthanyou.com/2008/06/26/where-to-stash-your-rainy-day-fund/#comment-54271 I can't have the money in the house; too tempted to spend it. I can’t have the money in the house; too tempted to spend it.

]]> By: Where to Keep Your Emergency Funds? at Curious Cat Investing and Economics Blog http://poorerthanyou.com/2008/06/26/where-to-stash-your-rainy-day-fund/#comment-54180 Where to Keep Your Emergency Funds? at Curious Cat Investing and Economics Blog Thu, 26 Jun 2008 22:46:55 +0000 http://poorerthanyou.com/2008/06/26/where-to-stash-your-rainy-day-fund/#comment-54180 [...] Than You posed the question: Where to Stash Your Rainy Day Fund? One of the most popular places for emergency funds right now, online savings accounts offer the [...] [...] Than You posed the question: Where to Stash Your Rainy Day Fund? One of the most popular places for emergency funds right now, online savings accounts offer the [...]

]]> By: John Hunter http://poorerthanyou.com/2008/06/26/where-to-stash-your-rainy-day-fund/#comment-54178 John Hunter Thu, 26 Jun 2008 22:34:46 +0000 http://poorerthanyou.com/2008/06/26/where-to-stash-your-rainy-day-fund/#comment-54178 A money market fund is where I used to stash it but things have changed. Money market funds are paying less than inflation (especially true inflation - which exceeds reported inflation). Right now high yield savings is where I have the funds. You need to not only pick a good choice but pay attention to see if the marketplace shifts and certain options are not as appealing as before. I agree with your credit card option and the choice of credit card then pay off with funds in high yield savings. But right now high yield savings pay more than money market so just stay with high yield savings. John Hunter's last blog post..<a href="http://investing.curiouscatblog.net/2008/06/25/buying-stuff-to-feel-powerful/">Buying Stuff to Feel Powerful</a> A money market fund is where I used to stash it but things have changed. Money market funds are paying less than inflation (especially true inflation - which exceeds reported inflation). Right now high yield savings is where I have the funds. You need to not only pick a good choice but pay attention to see if the marketplace shifts and certain options are not as appealing as before.

I agree with your credit card option and the choice of credit card then pay off with funds in high yield savings. But right now high yield savings pay more than money market so just stay with high yield savings.

John Hunter’s last blog post..Buying Stuff to Feel Powerful

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