throwawayforme194
throwawayforme194 OP t1_j6k5do1 wrote
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.
throwawayforme194 OP t1_j6k30l3 wrote
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!
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.