Originally posted by: Slew Foot
You guys have wayyyyyy too much money in ING. You only need about a 3 month supply of cash to be that liquid, another 3 month supply should be in Muni bonds (tax-free 4-5% interest).
huh, $41 or so, but I stopped putting more money in ING after I opened an emigrant account. Tempted to just close the ING account, but I like their interface more than emigrant.
As for people saying how savings accounts have sucky returns, please name a better one stop investment that never falls in value. All it takes is one bad year in whatever fund to wipe out returns for years to come.
Just pick one, it's almost impossible to go wrong. Over the last ten years, NONE have had an average return of 4% year or less (except that stupid environment fund only a 2.8% there), with most in the 10% range.
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