Topic Wiki

This is NOT meshuggy's thread!
If you have any contributive or non-contributive random posts to share, you're more than welcome to post here.
« Last edited by Dan on September 04, 2013, 11:47:14 AM »

Author Topic: Random Posts For Non-Meshugeners  (Read 254042 times)

Offline ckmk47

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Aug 2012
  • Posts: 6565
  • Total likes: 295
  • DansDeals.com Hat Tips 3
  • Gender: Female
    • View Profile
  • Location: brooklyn
Re: Random Posts For Non-Meshugeners
« Reply #2910 on: July 27, 2020, 09:38:57 PM »
What are some options to do with money that you don't think you'll need in the immediate future but would like access to it if need be?

I did a quick check on Google and it seems like there are savings accounts for roughly 1% a year. I didnt look if there are any penalties or stuff like that. Any other options?

Also are there any tax ramifications with having money sit in a bank account?
funds
bond fund, stock fund
stock index   (SPY, for example)