Date: Sat, 5 Mar 2005 14:44:11 CST
From: "BMS" 
Subject: Re: emergency cash fund
Newsgroups: misc.invest.financial-plan
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	Sat, 05 March 2005 20:31:17 +0000 (UTC)
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	=l1dV

I would calculate what your monthly expenses are and then create a ladder or 
series of CD's that mature each month. Put some reserve in a ING Orange 
account, or something similar.

With the balance start taking putting to use in a savings method that will 
be ready for your next life event.

How are your retirement plans looking?

"charlie"  wrote in message 
news:1109987074.976211.278110@l41g2000cwc.googlegroups.com...
>I have $15,000 as my emergency cash reserve. Where do I stash it?
>
> Money Market account $5,000 (available anytime)
> 6 month CD #1 for $5,000
> 6 month CD #2 for $5,000
>
> The 6 month cd's would be staggered so one is always maturing every
> three months.
>
> Is this plan any good? How can I get better return (bonds?) but still
> allow access to $5,000 every three months?
>