And while taking effort to get that money, they are
still liquid accounts.
Not exact matches
Despite having a hefty amount in CDs, I'm
still aiming to maintain a $ 100,000
liquid savings
account earning just 1 % for future investment and insurance purposes.
For instance, safe and
liquid bank deposit
accounts and short term Treasuries are yielding close to nothing while there are
still high yield corporate bonds delivering double digit returns.
The long term financial consequences of the disruption to its
liquid milk division
still remain to be seen - the Asda business alone
accounted for # 60 million of the company's annual revenues - but for now, the company is focusing its efforts on consolidating its position in a rapidly changing dairy sector by streamlining its management.
Also, I appreciate the point you are making with a home being «
liquid» relative to a retirement
account given the early withdrawal penalties and tax consequences of tapping your retirement
accounts but you
still need a place to live and it would take at least 30 days to cash in from the sale of your home — and that is assuming EVERYTHING goes according to plan.
Stocks, bonds and many other investment vehicles on secondary markets you may think of are highly
liquid but they
still require that markets are open and then an additional 3 - 5 business days to settle the transaction and for funds to make their way to your bank
account.
Maintain a healthy emergency reserve fund: For those
still working, maintain six to 12 months of expenses (12 to 24 months for retirees) in a safe,
liquid account.
I'm contemplating liquidating all my non-retirement
accounts and half of our savings to pay off the larger parent PLUS loan.This would leave us with very little
liquid reserve but
still some substantial retirement
accounts.
As such we don't require these funds to be fully
liquid, but would
still like to remain free of as much risk as possible — however I realize we are unlikely to find anything near our rewards checking
accounts (4 % APY interest for meeting various rules: direct deposit, a certain number of debit card transactions, and not receiving a paper statement), but would hope we can get at least half of that.
[NB: The ARYN: VX ticker's more
liquid, but the company
still prepares EUR
accounts, so I'm referencing the Irish quote for convenience.]
FDIC - protected bank
accounts and CDs are a great way to keep your money
liquid and safe, while
still earning a little bit of interest.