Sentences with phrase «term money earmarked»
The one point you and I agree on is that bonds are useful for parking short term money earmarked for something else in the near future, but that is their total use to investors.
http://www.canadiancapitalist.com/ Not exact matches
However, if the money is earmarked for shorter - term needs, you should avoid retirement savings vehicles because there is generally a tax penalty for early withdrawal.
My question is a bit more long term though: is there a danger or risk in funneling as much money as possible into an account earmarked for health expenses?
Set up your direct deposit to split your paycheck between your normal checking account and the new savings or money market account earmarked for your short - term investment.