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

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sticky shitlib regret
  06/30/25
Put it in T bills or AAA clo etfs.
maniacal crawly sanctuary scourge upon the earth
  06/30/25
what's aaa clo etf
sticky shitlib regret
  06/30/25
JAAA
kink-friendly tank meetinghouse
  06/30/25
Collateralized loan obligations i.e. a pool of floating rate...
maniacal crawly sanctuary scourge upon the earth
  06/30/25
You should always have 20k in savings minimum. I wouldn't in...
razzle haunting ratface locus
  06/30/25
What lmao
adventurous liquid oxygen
  06/30/25
Same
Bat shit crazy stage sweet tailpipe
  06/30/25
...
180 Aquamarine Hairy Legs
  06/30/25
...
180 Aquamarine Hairy Legs
  06/30/25
put it in SGOV or BIL, you can freely "withdraw" w...
Aromatic coldplay fan new version
  06/30/25
Lmao XOers are boomers. They don’t get it. Cash lmao r...
adventurous liquid oxygen
  06/30/25
i tried to explain this to my mom and she wouldn't have it. ...
Aromatic coldplay fan new version
  06/30/25
I like and use SGOV, but to be clear it still doesn’t ...
citrine tattoo hospital
  06/30/25
Unless you do a lot of business in cash what does it matter?...
maniacal crawly sanctuary scourge upon the earth
  06/30/25
It’s bitten me once or twice when I wanted to buy stoc...
citrine tattoo hospital
  06/30/25
Your brokerage doesn't give you instant trading credit on sa...
maniacal crawly sanctuary scourge upon the earth
  06/30/25
I guess not. I use Fidelity. I end up keeping a little ca...
citrine tattoo hospital
  06/30/25
You can toggle some setting in your fidelity acct to put uni...
kink-friendly tank meetinghouse
  06/30/25
That’s what I’m talking about in my second parag...
citrine tattoo hospital
  06/30/25
my bank account balance is usually under $15. all cash goes ...
Violent idea he suggested generalized bond
  06/30/25
?????? You don't have random auto pay stuff coming out of ur...
drab trump supporter
  06/30/25
What’s your monthly spend? I’d have at least 4x ...
razzmatazz fiercely-loyal codepig
  06/30/25
That seems like a totally reasonable amount for an upper mid...
odious bawdyhouse hunting ground
  06/30/25
my savings is in QQQ.
white property
  06/30/25
QQQM is pareto superior unless you write a ton of covered ca...
harsh gaped quadroon heaven
  06/30/25
How much interest are you earning on it and what are your mo...
swashbuckling dark voyeur state
  06/30/25
what interest does it get? if its over 3% its fine.
Dashing house mad-dog skullcap
  06/30/25
no. what is it costing you to have $20K instead of $10K? a f...
Dead resort
  06/30/25
SGOV is the way to go, had a fight with my wife on this as s...
harsh gaped quadroon heaven
  06/30/25
I have 80K in a checking account (0.01% interest), 45K in a ...
vivacious plum gaming laptop
  06/30/25
seems nigger as fuck when you have SGOV paying out the ass, ...
harsh gaped quadroon heaven
  06/30/25
real retarded
Emerald floppy parlour
  06/30/25
Fine if you hate free money I guess. This is prob costing yo...
citrine tattoo hospital
  07/01/25


Poast new message in this thread



Reply Favorite

Date: June 30th, 2025 9:16 AM
Author: sticky shitlib regret



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



Reply Favorite

Date: June 30th, 2025 9:17 AM
Author: maniacal crawly sanctuary scourge upon the earth

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: sticky shitlib regret

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: kink-friendly tank meetinghouse

JAAA

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



Reply Favorite

Date: June 30th, 2025 10:04 AM
Author: maniacal crawly sanctuary scourge upon the earth

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: razzle haunting ratface locus

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: adventurous liquid oxygen

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: Bat shit crazy stage sweet tailpipe

Same

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



Reply Favorite

Date: June 30th, 2025 10:48 AM
Author: 180 Aquamarine Hairy Legs



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



Reply Favorite

Date: June 30th, 2025 10:48 AM
Author: 180 Aquamarine Hairy Legs



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



Reply Favorite

Date: June 30th, 2025 10:50 AM
Author: Aromatic coldplay fan new version

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: adventurous liquid oxygen

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: Aromatic coldplay fan new version

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: citrine tattoo hospital

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: maniacal crawly sanctuary scourge upon the earth

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: citrine tattoo hospital

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: maniacal crawly sanctuary scourge upon the earth

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: citrine tattoo hospital

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: kink-friendly tank meetinghouse

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: citrine tattoo hospital

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: Violent idea he suggested generalized bond

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: drab trump supporter

?????? 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: razzmatazz fiercely-loyal codepig

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: odious bawdyhouse hunting ground

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: white property

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: harsh gaped quadroon heaven

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: swashbuckling dark voyeur state

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: Dashing house mad-dog skullcap

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: Dead resort

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: harsh gaped quadroon heaven

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: vivacious plum gaming laptop

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: harsh gaped quadroon heaven

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: Emerald floppy parlour

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: citrine tattoo hospital

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)