Hey PF,
Wondering how people generally structure savings in a way that will grow at a decent rate (better than savings accounts). Let's say, hypothetically, I amass more than enough for the short term (emergency and whatever else I can anticipate in the near future). What are good investment vehicles that provide high liquidity for the emergency / short term savings, and what can I reasonably use for mid and long term savings that still offer a bit of liquidity in case something else comes up?
What do you all use? CDs, bonds, stock (prob not?), mutual funds, etc? Open to advice on both types of investments and companies that offer access to those investments. I should add that I live in the US.
EDIT: I feel like some more info is appropriate:
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In my early 30s
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I already have a Roth IRA and am making the yearly contribution max as well as employer sponsored 401k contribution match
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I'm anticipating grad school in the next few years, so I feel like I should develop a fairly sizable savings for that time (6 year program - Ph.D.), and when I say short, mid, and long, I suppose I'm thinking short = about a year of living for grad school, mid = the following 3-5 years, and long = 6 - after grad school finding a job, etc.
Submitted September 08, 2018 at 12:44PM by tomado09 https://ift.tt/2oRhj9v
