This can be a problem if you're in a situation where
you need immediate access to the money - if your furnace breaks in the middle of winter, you probably don't want to wait a few days for the sale and transfer to go through before you can have it fixed.
Savings and money market accounts are ideal for situations where
you need immediate access to your money.
Annuity loans are also available for those who
need immediate access to their money.
Not exact matches
Sidibé says the results should help put
to rest debates about the worthiness of spending
money on ARVs as prevention when only one - third of the 15 million HIV - infected people in the world who
need treatment for their own
immediate health have
access to drugs.
The
need to access and utilize
money can be
immediate.
Washington seniors across the state are turning
to reverse mortgages
to help pay off medical bills, renovate their homes, or just feel more secure knowing they have
immediate access to money should the
need arise.
Ohio seniors across the state are turning
to reverse mortgages
to help pay off medical bills, renovate their homes, or just feel more secure knowing they have
immediate access to money should the
need arise.
Nebraska seniors across the state are turning
to reverse mortgages and using them
to pay off medical bills, renovate their homes, and feel more secure knowing they have
immediate access to money should the
need arise.
With quick approval rates and almost -
immediate access to a large percentage of the capital you
need to purchase and repair a home, hard
money is a viable choice for any house flipper, whether you're in the beginning of your rehabbing career or you have numerous successes under your belt.
Retirees on the other hand,
need almost
immediate access to their
money and can't necessarily afford
to wait for their investments
to bounce back.
You'll also
need to weigh annuities» downsides, the biggest being that you lose
access to the
money you invest in an
immediate or longevity annuity and you may not receive much in payments if you die soon after they begin.
If you have
access to your funds with 14 days of
needing them, and have a credit card
to buffer the
immediate cash problem, then the issue of easy
access is moot, while managing a higher rate of interest in the «TFIA» (Investment Account vs Savings Account) will be much more effective than putting your extra
money into a cash account that barely matches inflation.