Search found 4 matches

by cds_001
Sun Jul 16, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: most tax efficient way to keep semi-liquid cash
Replies: 8
Views: 730

Re: most tax efficient way to keep semi-liquid cash

Unfortunately the only way not to pay any taxes is to not accrue any interest or dividends. So if you put the money in a brick and mortar bank savings or money market account, say Wells Fargo, Chase, Bank of America, etc. the savings rate is so low you will collect a minimal amount of interest but ...
by cds_001
Sun Jul 16, 2017 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: most tax efficient way to keep semi-liquid cash
Replies: 8
Views: 730

Re: most tax efficient way to keep semi-liquid cash

Low risk is a vague term. Depending on how much risk you are willing to take, Limited Term or even Intermediate Term Tax Exempt Bond funds could be an option. I use both. They are both perfectly liquid. I can convert funds from either fund to cash in the bank in 2-3 business days. +1 to this as wel...
by cds_001
Sun Jul 16, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: most tax efficient way to keep semi-liquid cash
Replies: 8
Views: 730

Re: most tax efficient way to keep semi-liquid cash

Dude2 wrote:Well, you could try something like this:

https://www.bogleheads.org/wiki/Placing ... ed_account

IBonds are not available for cashing until 1 year has passed, so that may/may not be viable for your needs.

Oh, wow, what a terrific resource. Thanks for this!
by cds_001
Sun Jul 16, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: most tax efficient way to keep semi-liquid cash
Replies: 8
Views: 730

most tax efficient way to keep semi-liquid cash

Hello all, I'm a big fan! I am looking for places to put 6 months emergency fund as well as a general purpose savings fund. I will have ~25% in liquid cash (savings account), but I need a low risk, tax efficient, and relatively easy place to access to put the rest, as I'd rather not pay taxes on int...