LevelWing
Pre-takeoff checklist
First, I'm not looking for financial advice that I'd get from a professional financial advisor, I'm just looking for opinions and how others do it.
How many of you invest your savings instead of putting it into savings? I've got some money that is in savings that I think would be better "spent" if I put it in some sort of investment fund, be it a mutual fund or something else, instead of just leaving it in my savings account. This is separate from retirement funds. It doesn't have to have a large yield, but just about anything is better than what I'm getting now from savings. What I'd really like is something I can dump it into and if I should ever need it for a rainy day that I can get the majority of what I put into it back out (by that I'm referring to fees, not what the market does -- if the market goes down and I lose money, that's how it goes).
What are some ways to accomplish this and what are ways that some of you all save or invest your money?
How many of you invest your savings instead of putting it into savings? I've got some money that is in savings that I think would be better "spent" if I put it in some sort of investment fund, be it a mutual fund or something else, instead of just leaving it in my savings account. This is separate from retirement funds. It doesn't have to have a large yield, but just about anything is better than what I'm getting now from savings. What I'd really like is something I can dump it into and if I should ever need it for a rainy day that I can get the majority of what I put into it back out (by that I'm referring to fees, not what the market does -- if the market goes down and I lose money, that's how it goes).
What are some ways to accomplish this and what are ways that some of you all save or invest your money?