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Dumb to keep 20k in savings? Should I just buy a bunch of bonds?

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Aromatic balding background story macaca
  06/30/25
Put it in T bills or AAA clo etfs.
Diverse Maroon Yarmulke
  06/30/25
what's aaa clo etf
Aromatic balding background story macaca
  06/30/25
JAAA
brass potus parlor
  06/30/25
Collateralized loan obligations i.e. a pool of floating rate...
Diverse Maroon Yarmulke
  06/30/25
You should always have 20k in savings minimum. I wouldn't in...
tan pit
  06/30/25
What lmao
Brindle Famous Landscape Painting Resort
  06/30/25
Same
appetizing costumed ceo
  06/30/25
...
naked heady state generalized bond
  06/30/25
...
naked heady state generalized bond
  06/30/25
put it in SGOV or BIL, you can freely "withdraw" w...
Hateful queen of the night piazza
  06/30/25
Lmao XOers are boomers. They don’t get it. Cash lmao r...
Brindle Famous Landscape Painting Resort
  06/30/25
i tried to explain this to my mom and she wouldn't have it. ...
Hateful queen of the night piazza
  06/30/25
I like and use SGOV, but to be clear it still doesn’t ...
Drab motley karate immigrant
  06/30/25
Unless you do a lot of business in cash what does it matter?...
Diverse Maroon Yarmulke
  06/30/25
It’s bitten me once or twice when I wanted to buy stoc...
Drab motley karate immigrant
  06/30/25
Your brokerage doesn't give you instant trading credit on sa...
Diverse Maroon Yarmulke
  06/30/25
I guess not. I use Fidelity. I end up keeping a little ca...
Drab motley karate immigrant
  06/30/25
You can toggle some setting in your fidelity acct to put uni...
brass potus parlor
  06/30/25
That’s what I’m talking about in my second parag...
Drab motley karate immigrant
  06/30/25
my bank account balance is usually under $15. all cash goes ...
hairless hot center twinkling uncleanness
  06/30/25
?????? You don't have random auto pay stuff coming out of ur...
house-broken partner
  06/30/25
What’s your monthly spend? I’d have at least 4x ...
Bearded Bbw Site
  06/30/25
That seems like a totally reasonable amount for an upper mid...
ultramarine seedy toaster hell
  06/30/25
my savings is in QQQ.
Carnelian theater stage roast beef
  06/30/25
QQQM is pareto superior unless you write a ton of covered ca...
Sepia laughsome shrine windowlicker
  06/30/25
How much interest are you earning on it and what are your mo...
Peach stimulating dog poop
  06/30/25
what interest does it get? if its over 3% its fine.
Razzmatazz hospital marketing idea
  06/30/25
no. what is it costing you to have $20K instead of $10K? a f...
Green School Cafeteria
  06/30/25
SGOV is the way to go, had a fight with my wife on this as s...
Sepia laughsome shrine windowlicker
  06/30/25
I have 80K in a checking account (0.01% interest), 45K in a ...
startling mother legal warrant
  06/30/25
seems nigger as fuck when you have SGOV paying out the ass, ...
Sepia laughsome shrine windowlicker
  06/30/25
real retarded
mustard crackhouse
  06/30/25
Fine if you hate free money I guess. This is prob costing yo...
Drab motley karate immigrant
  07/01/25


Poast new message in this thread



Reply Favorite

Date: June 30th, 2025 9:16 AM
Author: Aromatic balding background story macaca



(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49059934)



Reply Favorite

Date: June 30th, 2025 9:17 AM
Author: Diverse Maroon Yarmulke

Put it in T bills or AAA clo etfs.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49059937)



Reply Favorite

Date: June 30th, 2025 9:58 AM
Author: Aromatic balding background story macaca

what's aaa clo etf

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060017)



Reply Favorite

Date: June 30th, 2025 10:00 AM
Author: brass potus parlor

JAAA

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060026)



Reply Favorite

Date: June 30th, 2025 10:04 AM
Author: Diverse Maroon Yarmulke

Collateralized loan obligations i.e. a pool of floating rate junk business loans that is tranched, with the AAA tranche being the least risky. Some examples are JAAA or ICLO.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060038)



Reply Favorite

Date: June 30th, 2025 9:59 AM
Author: tan pit

You should always have 20k in savings minimum. I wouldn't invest anything until I had 50k in the bank for example.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060022)



Reply Favorite

Date: June 30th, 2025 10:21 AM
Author: Brindle Famous Landscape Painting Resort

What lmao

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060077)



Reply Favorite

Date: June 30th, 2025 10:22 AM
Author: appetizing costumed ceo

Same

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060080)



Reply Favorite

Date: June 30th, 2025 10:48 AM
Author: naked heady state generalized bond



(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060178)



Reply Favorite

Date: June 30th, 2025 10:48 AM
Author: naked heady state generalized bond



(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060177)



Reply Favorite

Date: June 30th, 2025 10:50 AM
Author: Hateful queen of the night piazza

put it in SGOV or BIL, you can freely "withdraw" whenever you want and you're getting 4%. savings accounts are retarded.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060184)



Reply Favorite

Date: June 30th, 2025 10:53 AM
Author: Brindle Famous Landscape Painting Resort

Lmao XOers are boomers. They don’t get it. Cash lmao right now you can throw it in stock and withdraw whenever

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060195)



Reply Favorite

Date: June 30th, 2025 11:06 AM
Author: Hateful queen of the night piazza

i tried to explain this to my mom and she wouldn't have it. she put $500k in a callable CD at her bank. i also explained to her that brokerage accounts are insured up to $500k, while her bank was $250k. so fucking stupid.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060237)



Reply Favorite

Date: June 30th, 2025 11:10 AM
Author: Drab motley karate immigrant

I like and use SGOV, but to be clear it still doesn’t have the exact same liquidity as cash. You have to sell it and wait for a settlement period in some brokerages, so you might have to wait a business day or two to get your money.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060257)



Reply Favorite

Date: June 30th, 2025 11:17 AM
Author: Diverse Maroon Yarmulke

Unless you do a lot of business in cash what does it matter? You can put most sudden expenses on credit cards.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060295)



Reply Favorite

Date: June 30th, 2025 11:49 AM
Author: Drab motley karate immigrant

It’s bitten me once or twice when I wanted to buy stock after a big drop (like in early April) and all my “dry powder” is in SGOV

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060371)



Reply Favorite

Date: June 30th, 2025 11:50 AM
Author: Diverse Maroon Yarmulke

Your brokerage doesn't give you instant trading credit on sales? Also settlement is now T+1.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060372)



Reply Favorite

Date: June 30th, 2025 11:59 AM
Author: Drab motley karate immigrant

I guess not. I use Fidelity.

I end up keeping a little cash in my money market, which also has a great yield. The downside of the MM is that the interest is not exempt from state tax. My state requires a certain minimum percentage of US treasuries for the interest to be tax exempt and none of Fidelity’s core positions for MM meet the threshold.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060385)



Reply Favorite

Date: June 30th, 2025 12:07 PM
Author: brass potus parlor

You can toggle some setting in your fidelity acct to put uninvested cash into SPAXX but have it be immediately investible.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060391)



Reply Favorite

Date: June 30th, 2025 12:11 PM
Author: Drab motley karate immigrant

That’s what I’m talking about in my second paragraph.

SPAXX has good yield but US treasuries aren’t a high enough percentage of their holdings, so I still have to pay state tax on the interest.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060402)



Reply Favorite

Date: June 30th, 2025 10:07 AM
Author: hairless hot center twinkling uncleanness

my bank account balance is usually under $15. all cash goes straight to my brokerage account

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060053)



Reply Favorite

Date: June 30th, 2025 10:44 AM
Author: house-broken partner

?????? You don't have random auto pay stuff coming out of ur bank account? You don't periodically need to withdraw a few thousand?

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060163)



Reply Favorite

Date: June 30th, 2025 10:53 AM
Author: Bearded Bbw Site

What’s your monthly spend? I’d have at least 4x that in savings before throwing it into anything else

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060193)



Reply Favorite

Date: June 30th, 2025 11:07 AM
Author: ultramarine seedy toaster hell

That seems like a totally reasonable amount for an upper middle class homeowner with children and so a bunch of variable expenses.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060242)



Reply Favorite

Date: June 30th, 2025 11:09 AM
Author: Carnelian theater stage roast beef

my savings is in QQQ.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060253)



Reply Favorite

Date: June 30th, 2025 9:38 PM
Author: Sepia laughsome shrine windowlicker

QQQM is pareto superior unless you write a ton of covered calls and need that liquidity

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49062037)



Reply Favorite

Date: June 30th, 2025 11:12 AM
Author: Peach stimulating dog poop

How much interest are you earning on it and what are your monthly expenses?

I keep 1-2 months expenses in checking earning no interest and about 4 months expenses in a "cash plus" account that is currently earning 3.65%.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060263)



Reply Favorite

Date: June 30th, 2025 11:12 AM
Author: Razzmatazz hospital marketing idea

what interest does it get? if its over 3% its fine.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060264)



Reply Favorite

Date: June 30th, 2025 11:56 AM
Author: Green School Cafeteria

no. what is it costing you to have $20K instead of $10K? a few bucks a month in interest?

i always keep a cushion of cash i can use on a few minutes notice at 3am just in case. comes in handy once in a while.



(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49060378)



Reply Favorite

Date: June 30th, 2025 9:39 PM
Author: Sepia laughsome shrine windowlicker

SGOV is the way to go, had a fight with my wife on this as she likes to stay heavy in cash because "markets will crash"

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49062038)



Reply Favorite

Date: June 30th, 2025 9:39 PM
Author: startling mother legal warrant

I have 80K in a checking account (0.01% interest), 45K in a savings account (0.5% interest), and 100K in a HYSA (3.65% interest).

How retarded am I?

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49062040)



Reply Favorite

Date: June 30th, 2025 10:58 PM
Author: Sepia laughsome shrine windowlicker

seems nigger as fuck when you have SGOV paying out the ass, and you could even sell covered calls on these fuckers

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49062174)



Reply Favorite

Date: June 30th, 2025 11:33 PM
Author: mustard crackhouse

real retarded

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49062221)



Reply Favorite

Date: July 1st, 2025 12:03 AM
Author: Drab motley karate immigrant

Fine if you hate free money I guess. This is prob costing you $5000 per year or so.

(http://www.autoadmit.com/thread.php?thread_id=5744554&forum_id=2#49062297)