Is it worth moving $50k from CD to T-bills?
I have $50k emergency funds in a NO penalty CD at 4.75%. (have another $20k accessible HYSA) I’m considering moving $50k to Fidelity and start T-bill ladder. Benefit is no state income tax (CA). Is it worth moving, considering $50k isn’t much but can’t stop thinking about it I have another ~$15k in iBonds will prob moving to T-bills or HYSA later this year. Edit: t-bills are at around 5.3-5.4% on fidelity #personalfinance
Treasury money market fund is paying 5.2%. Almost as good as t bills.
Just checking, you sure you need $70k in your e fund? Typical advice is 6-12 months of expenses, if you're following that it would mean you spend $6-12k/mo. If you have a family that's probably pretty normal. But if you're spending less than that you can reduce your e fund.
Yep it includes to support an senior parent, otherwise I’d definitely be in VTI or something else
You can easily do the math on differential tax liability between both and decide whether those x$ is worth the hassle
True, i should do this