throwawayforme194 OP t1_j6kpaqk wrote on January 31, 2023 at 12:29 AM Reply to comment by harrisc42 in Placing savings in money market fund (SWVXX). by throwawayforme194 Great, that’s what I had imagined. Wasn’t sure if there were any nuances dependent on the avenue of income generation. Permalink Parent 1
throwawayforme194 OP t1_j6k5do1 wrote on January 30, 2023 at 10:14 PM Reply to comment by shadracko in Placing savings in money market fund (SWVXX). by throwawayforme194 Gotcha, yes that is the conclusion that i’m coming to as well. I considered a HYSA but it seemed like SWVXX might’ve been better but I’m not sure what the tax differences are between the two. Dumping this into a CD account offering ~4.2% over 11 months at my bank is feeling pretty attractive as well. Permalink Parent 2
throwawayforme194 OP t1_j6k30l3 wrote on January 30, 2023 at 9:58 PM Reply to comment by Loutro-Fift in Placing savings in money market fund (SWVXX). by throwawayforme194 That sounds good. A CD account at my bank might be the best/simplest route actually now that i’m exploring it. Thanks for the help! Permalink Parent 1
Placing savings in money market fund (SWVXX). Submitted by throwawayforme194 t3_10pee5p on January 30, 2023 at 9:20 PM in personalfinance 6 comments 1
throwawayforme194 OP t1_j6kpaqk wrote
Reply to comment by harrisc42 in Placing savings in money market fund (SWVXX). by throwawayforme194
Great, that’s what I had imagined. Wasn’t sure if there were any nuances dependent on the avenue of income generation.